Jump to content

Riverside Investment Site- Midnight Diner/Uptown Cabaret


Recommended Posts


  • Replies 90
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

I haven't posted here in 5+ years. It's been so long I had to sign up again.  I did that just to congratulate you on the single stupidest comment I have seen since Caterpillar was a regular poster. Wa

Right. you were at Uptown Cabaret thinking about the huge... tracts of land. got it. 

They absolutely have tenants. :-)

Posted Images

8 minutes ago, SouthEndCLT811 said:

I was saying the same to my wife last night..  We'll see how far corporate social justice spans when there's no corporate income tax in Texas.  You'd think it would have a big impact given the blame HB2 got in NC but it won't surprise me if nothing happens in this case.  At least not until the younger generation that doesn't want to live under draconian laws migrate elsewhere and the companies follow the talent.

Saw twitter calls to move SXSW.  Austin proper is blue and is hiding under that shield.  NC currently has a nice balance with the GOP Legislature but Cooper in the governor's office.  We've got some loons in our legislature, so I look at what's happening in Texas and simply say : buy by the grace of God go Us...

Wish Charlotte had something similar to SXSW - highly visible and well branded multi-day event representing the intersection of artistry, technical innovation, and capital.

Next Gen North Carolina??

  • Like 2
Link to post
Share on other sites
54 minutes ago, Blue_Devil said:

So if this is a big bay area company (BNP Paribas, Uber, Visa?) looking to leave or expand elsewhere, which a lot are doing, I wonder how much this new Texas abortion law will pay into it, as well as future issues. We got a lot of flack for the bathroom bill. This seems monumentally bigger, and will likely be much more drawn out. How many relocating companies will pause all together and start focusing on Charlotte, Nashville, Raleigh, Tampa, etc? 

Finally starting to see articles mentioning this type of thing in business media. (https://www.bloomberg.com/news/articles/2021-09-02/lurch-to-the-right-may-imperil-texas-s-attraction-for-employers?srnd=premium)

Pretty sure they have hb2-style laws of their own too. 

Edited by joenc
  • Like 2
Link to post
Share on other sites

Also, isn't Texas' big corporate tax incentive for businesses, or something like that, expiring at the end of this year? 

Edit:

https://news.utexas.edu/2021/07/28/could-the-death-of-a-corporate-handout-in-texas-be-a-turning-point-nationwide/

https://www.bizjournals.com/austin/news/2021/08/19/company-relocations-to-austin-region-pick-up.html

It’s seen by many as a useful counter to the state's high property taxes, though Chapter 313 is slated to expire at the end of 2022. Economic experts have suggested Central Texas will see a flood of applications in the next year and a half before the program expires, though a gap in major economic investment could follow.

"We are seeing some of the largest projects in our history and Chapter 313 is a huge consideration for companies with massive capital investment," Bodisch said. "While there are other factors pushing companies to make decisions, Chapter 313 is critical to help offset the tremendous costs. Some of these companies are pushing to get through the decision-making processes quicker in order to capitalize on this important incentive."

Edited by Blue_Devil
Link to post
Share on other sites
6 hours ago, Blue_Devil said:

So if this is a big bay area company (BNP Paribas, Uber, Visa?) looking to leave or expand elsewhere, which a lot are doing, I wonder how much this new Texas abortion law will pay into it, as well as future issues. We got a lot of flack for the bathroom bill. This seems monumentally bigger, and will likely be much more drawn out. How many relocating companies will pause all together and start focusing on Charlotte, Nashville, Raleigh, Tampa, etc? 

Visa is def looking to get out of Foster City, and I think Dallas is the leading candidate, but this abortion bill isn't going away, and I could see it being a huge obstacle.

Link to post
Share on other sites

8 hours ago, Blue_Devil said:

So if this is a big bay area company (BNP Paribas, Uber, Visa?) looking to leave or expand elsewhere, which a lot are doing, I wonder how much this new Texas abortion law will pay into it, as well as future issues. We got a lot of flack for the bathroom bill. This seems monumentally bigger, and will likely be much more drawn out. How many relocating companies will pause all together and start focusing on Charlotte, Nashville, Raleigh, Tampa, etc? 

Politics does have an effect on where some companies choose to go or stay but Texas probably will not pay too a heavy price due to their excellent business climate & cheaper real estate.  Anyway - How did PayPal turn out & where did they land since snubbing Charlotte?

Link to post
Share on other sites
3 minutes ago, Hushpuppy321 said:

Politics does have an effect on where some companies choose to go or stay but Texas probably will not pay too a heavy price due to their excellent business climate & cheaper real estate.  Anyway - How did PayPal turn out & where did they land since snubbing Charlotte?

never landed anywhere in terms of new expansion maybe adding some jobs to their existing operations but never announced a new location. 

  • Like 3
  • Thanks 1
Link to post
Share on other sites
On 9/6/2021 at 10:14 PM, Phillydog said:

...left off LGBT protections and rights.

It was about 15 years ago, maybe longer, that I was living in Virginia and their (then) very Republican state legislature was on the verge of passing an anti LGBT bill.  Northern Virginia has become that state's bread and butter and there was a huge outcry from some high tech companies that were planning to open major operations in Northern Virginia.  Their concern was that a significant amount  of the talent in that industry is LGBT.  So moving to a state with that kind of law would make it difficult to attract the kind of talent they would need to remain competitive.  These companies threatened Virginia's government that if their law passed they would not move their companies to Virginia.  So the Virginia state legislature acquiesced and immediately put a halt on that bill and it never became law.  And Northern Virginia has thrived ever since.  But that's the difference between Virginia and Texas:  this terrible bill in Virginia was stopped before becoming law, while Texas has actually made these (multiple) horrible discriminatory bills the law of the land.  I will be surprised if there is not a major backlash.

Edited by JacksonH
  • Like 2
  • Thanks 1
Link to post
Share on other sites

On 9/2/2021 at 8:16 AM, SouthEndCLT811 said:

I was saying the same to my wife last night..  We'll see how far corporate social responsibility spans when there's no corporate income tax in Texas.  You'd think it would have a big impact given the blame HB2 got in NC but it won't surprise me if nothing happens in this case.  At least not until the younger generation that doesn't want to live under draconian laws migrate elsewhere and the companies follow the talent.

One observation does not make a dataset but… Salesforce has offered to relocate its Texas staff out of the state. While I probably wouldn't term this as an exit from the market, I would think it signals that the company will no longer consider Texas for expansions.

https://www.cnbc.com/2021/09/10/salesforce-offers-to-relocate-employees-from-texas-after-abortion-bill.html

 

Edited by kermit
  • Like 4
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.