Jump to content

Featured Replies

  • Author

200-PS-from-PS-Sept-2022s.jpg

 

Sources: If Cliffs + US Steel happens, so does a new HQ
By Ken Prendergast / September 26, 2023

 

Something is happening inside 200 Public Square that isn’t happening at many other downtown Cleveland office towers — a major tenant is gobbling up more office space. The tenant, Cleveland-Cliffs Inc., is adding hundreds of office workers to the building, a number that could reach 2,000 employees in the next few years if it is able to acquire Pittsburgh-based rival US Steel. If that happens, two sources who are close to Cliffs’ executives say Cliffs will reconsider 200 Public Square as its headquarters of what would become the nation’s largest steelmaker.

 

MORE:

https://neo-trans.blog/2023/09/26/sources-if-cliffs-us-steel-happens-so-does-a-new-hq/

 

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

  • Replies 556
  • Views 47.9k
  • Created
  • Last Reply

Top Posters In This Topic

Most Popular Posts

  • LlamaLawyer
    LlamaLawyer

    The pessimism is kind of amusing. Here we have a fortune 500 company based in Cleveland since before the civil war, with Cleveland being part of its name, trying to acquire another huge company and pe

  • Sources: If Cliffs + US Steel happens, so does a new HQ By Ken Prendergast / September 26, 2023   Something is happening inside 200 Public Square that isn’t happening at many other downtow

  • Cool, so now I'm opposed to Cliffs acquiring US Steel... Go Nippon! My interests in this were always purely from a Cleveland pride standpoint and now that it seems like this deal is likely to reduce C

Posted Images

Seems there's much less panache in a suburban campus than a shiny, new tower.

 

hoping for the best

Now that Public Square is filled, a new headquarters office could go anywhere; my guess would be that it ends up as part of Bedrock’s riverfront plan, which wouldn’t be a bad thing at all.  Or maybe this could be the anchor for the former NuCLEus site… 

 

Either way, If this deal goes through, it’s a definite win for Cleveland and somewhat of a screw-you to Pittsburgh after PNC took National City (with the help of the federal government). 

Edited by Oldmanladyluck

A tall tower on the former nuCLEus site would be nice.  It would fill the gap in the skyline between the towers on Public Square and those along E 9th.

As @OldEnoughsays nothing is splashier than a shiny new tower downtown. A suburban campus is not. I only wish Eaton had understood that. Then again, maybe they didn't care about that like all of us urbanophiles.

1 hour ago, cadmen said:

As @OldEnoughsays nothing is splashier than a shiny new tower downtown. A suburban campus is not. I only wish Eaton had understood that. Then again, maybe they didn't care about that like all of us urbanophiles.

I agree 100%.

 

That said, there's existing scraps of a suburban HQ office empire coming to market on the east side that Cliffs could probably get for a bargain. Just sayin'...

***cough cough**** Progressive Insurance Campus

I would hope Cleveland would do everything in its power to hold onto the HQ. You can’t keep letting the suburbs take these corporations with thousands of jobs. It would be extremely disappointing to lose another one.

Edited by JB

1 hour ago, cadmen said:

As @OldEnoughsays nothing is splashier than a shiny new tower downtown. A suburban campus is not. I only wish Eaton had understood that. Then again, maybe they didn't care about that like all of us urbanophiles.

 

Free parking is a hell of a drug.

I am not anti-suburb, but I don't understand the allure of working in a box surrounded by a parking lot disconnected from anything. If you're trying to entice people to leave their houses to go to work, that to me is the most depressing option. Also, all our highways lead to downtown Cleveland. If you live in Avon, getting downtown is way easier than getting to Mayfield or Solon.

 

Are the savings that big? I get it in NYC or San Francisco but how much savings is a company really getting here?

 

 

 

 

Offer to help pay for underground parking or something if that’s what it takes to keep them. 

But realistically, how big of a building would they need?   So they currently occupy roughly 6 floors of 200PS.  Considering the growth, acquisitions both completed and possibly USS, my back of the napkin math puts them at around 300k - 400k square feet.  Not exactly anything on the scale of SHW (36 floors - 1 million square feet).   I guess maybe they could be an anchor tenant in a trophy class tower bigger than their own needs, but the office market being what it is, it’s hard to see much demand for spec office space anytime soon.

59 minutes ago, JohnSummit said:

But realistically, how big of a building would they need?   So they currently occupy roughly 6 floors of 200PS.  Considering the growth, acquisitions both completed and possibly USS, my back of the napkin math puts them at around 300k - 400k square feet.  Not exactly anything on the scale of SHW (36 floors - 1 million square feet).   I guess maybe they could be an anchor tenant in a trophy class tower bigger than their own needs, but the office market being what it is, it’s hard to see much demand for spec office space anytime soon.

Don't forget room for potential growth, but let's say that gets this thing to 500k SF.

 

It would still be a new office tower, hopefully filling in an existing vacant lot or parking lot and bringing/keeping thousands of jobs in Cleveland/Northeast Ohio. Still a win even if it doesn't end up being one of the tallest buildings.

1 minute ago, Mov2Ohio said:

Don't forget room for potential growth, but let's say that gets this thing to 500k SF.

 

It would still be a new office tower, hopefully filling in an existing vacant lot or parking lot and bringing/keeping thousands of jobs in Cleveland/Northeast Ohio. Still a win even if it doesn't end up being one of the tallest buildings.

Also they’d probably be able to get some partners to take up some space as well. 

  • Author

Cliffs is probably 3-5 years away from making a headquarters decision. Hopefully, in that time, someone else will step up and take portions of Progressive's offices.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

Exciting yes but let's not put the cart before the horse. 

 

First Cliffs needs to consumate the buy.

Second the government will need to allow it. Ordinarily l'm a big anti-trust guy. But since it would benefit Cleveland l'll throw my principles out the window on this one. Still, will it pass government muster?

  • Author

If a domestic buyer doesn't grab US Steel, an international one will. The international ArcelorMittal has already expressed interest. The Biden administration may support Cliffs' offer, with conditions, just to keep the HQ/ownership stateside.

"In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck

3 hours ago, JB said:

Offer to help pay for underground parking or something if that’s what it takes to keep them. 

 

Integral parking was the show stopper keeping Progressive out of downtown.  The city sided with the lot operators and Peter Lewis actually cared what his employees thought about having to go to and from existing lots at all hours.

 

Traffic is as much of an issue as parking.   

3 hours ago, JohnSummit said:

But realistically, how big of a building would they need?   So they currently occupy roughly 6 floors of 200PS.  Considering the growth, acquisitions both completed and possibly USS, my back of the napkin math puts them at around 300k - 400k square feet.  Not exactly anything on the scale of SHW (36 floors - 1 million square feet).   I guess maybe they could be an anchor tenant in a trophy class tower bigger than their own needs, but the office market being what it is, it’s hard to see much demand for spec office space anytime soon.


Only 6 floors?    What's the current occupancy of 200?

30 minutes ago, KJP said:

If a domestic buyer doesn't grab US Steel, an international one will. The international ArcelorMittal has already expressed interest. The Biden administration may support Cliffs' offer, with conditions, just to keep the HQ/ownership stateside.

 

The union supports Cliffs, that means Biden's people will.   They learned their lesson about disregarding the wishes of the union folks in 2016.

3 hours ago, JohnSummit said:

But realistically, how big of a building would they need?   So they currently occupy roughly 6 floors of 200PS.  Considering the growth, acquisitions both completed and possibly USS, my back of the napkin math puts them at around 300k - 400k square feet.  Not exactly anything on the scale of SHW (36 floors - 1 million square feet).   I guess maybe they could be an anchor tenant in a trophy class tower bigger than their own needs, but the office market being what it is, it’s hard to see much demand for spec office space anytime soon.

 

The article also said:  "Cliffs....could also bring along offices of some of its largest suppliers and business-servicing firms, namely those in legal and accounting...."

 

Plus the need for status. Remember they don't need to occupy each floor. They can rent out space to related--or unrelated--tenants until they themselves need the space as they grow---or even if they don't need it from growth, it will just be rental income.

 

So I see a modern 75-80 story bldg. Location? Perhaps the old Nucleus lot near E. 4 and Prospect.  I could also see them around the NE corner of E. 13 and Chester. Both spaces are now giant parking lots.

 

16 minutes ago, E Rocc said:

 

Integral parking was the show stopper keeping Progressive out of downtown.  The city sided with the lot operators and Peter Lewis actually cared what his employees thought about having to go to and from existing lots at all hours.

 

Traffic is as much of an issue as parking.   

lol there's more traffic in the burbs than downtown nowadays. All thanks to moving all these companies and employees to the outerbelt freeways. 

I suspect Cliffs’ leadership has learned from the prior mistakes the dinosaurs leading Progressive and Eaton have made and will follow the wise steps of Sherwin, Cross Country and countless others in moving or remaining downtown. Can’t see them leaving for the suburbs if they care about attracting the best and brightest from the regional and national talent pool. 

Edited by Clefan98

1 minute ago, Clefan98 said:

I suspect Cliffs’ leadership has learned from the prior mistakes the dinosaurs leading Progressive and Eaton have made and will follow the wise steps of Sherwin, Cross Country and countless others in moving or remaining downtown. Can’t see them leaving for the suburbs if they care about attracting the best and brightest from the regional and national talent pool. 

"care about attracting the best and brightest from the regional and national talent pool. " - can we start to admit this is idea that the best and brightest want to work in a downtown, especially downtown Cleveland (it's not Seattle, SF, or even Pitt for that matter). I know a good amount of millenials working at Sherwin's research center who are ecstatic to be leaving downtown. And regarding Progressive and Eaton, you really think some schmuk is going to turn down working at those companies because they're not downtown? 

The best and brightest look for opportunity to rise up the ladder, get good benefits and a good culture at the work place. Not the opportunity to be pestered by panhandling, pay for parking, and find you're car broken into at the lot, just so you could walk to your $30 business lunch. 

I'm all for working and living downtown, but I've read and seen what this region wants. And NE Ohians don't want downtown anything. If that weren't the case, we wouldn't be sprawling into Portgage County now for job centers. 

7 minutes ago, Clefan98 said:

I suspect Cliffs’ leadership has learned from the prior mistakes the dinosaurs leading Progressive and Eaton have made and will follow the wise steps of Sherwin, Cross Country and countless others in moving or remaining downtown. Can’t see them leaving for the suburbs if they care about attracting the best and brightest from the regional and national talent pool. 

 

That message must be made to them repeatedly because you know the Brecksvilles and Mayfield Hts's of the world are already knocking on Cliff's door trying to sell them suburban crap and "ease of parking" and all that.... Sherwin Williams was looking in the Flats for their new research center and that's a company that is committed to Cleveland, yet still Brecksville was able to steal all those jobs from the city.

Just now, DinaB said:

 

That message must be made to them repeatedly because you know the Brecksvilles and Mayfield Hts's of the world are already knocking on Cliff's door trying to sell them suburban crap and "ease of parking" and all that.... Sherwin Williams was looking in the Flats for their new research center and that's a company that is committed to Cleveland, yet still Brecksville was able to steal all those jobs from the city.

Medical Mutual and Voss Industries as well. This region's geographic job placement is a freaking mess. 

2 minutes ago, AsDustinFoxWouldSay said:

"care about attracting the best and brightest from the regional and national talent pool. " - can we start to admit this is idea that the best and brightest want to work in a downtown, especially downtown Cleveland (it's not Seattle, SF, or even Pitt for that matter). I know a good amount of millenials working at Sherwin's research center who are ecstatic to be leaving downtown. And regarding Progressive and Eaton, you really think some schmuk is going to turn down working at those companies because they're not downtown? 

The best and brightest look for opportunity to rise up the ladder, get good benefits and a good culture at the work place. Not the opportunity to be pestered by panhandling, pay for parking, and find you're car broken into at the lot, just so you could walk to your $30 business lunch. 

I'm all for working and living downtown, but I've read and seen what this region wants. And NE Ohians don't want downtown anything. If that weren't the case, we wouldn't be sprawling into Portgage County now for job centers. 

 

I'll tell you what I want:  If i had a choice between two companies of relatively equal esteem for equal pay and benefit and equal title and equal kind of work and one was in Downtown Cleveland and the other in Mayfield Hts or Westlake or Strongsville or Independence or other suburban crap, I would take the job Downtown in a second. Yes--even if I had to pay for parking. Downtown is such a healthier mentality than the hum-drum blahness of the suburbs. Hell, even if the job downtown paid a little bit less than the suburban one, I'd probably take it as well, as who knows where new jobs or opportunities will lead when you're around other companies and people vs being outcast in some suburban office campus or bldg.

Just now, DinaB said:

 

I'll tell you what I want:  If i had a choice between two companies of relatively equal esteem for equal pay and benefit and equal title and equal kind of work and one was in Downtown Cleveland and the other in Mayfield Hts or Westlake or Strongsville or Independence or other suburban crap, I would take the job Downtown in a second. Yes--even if I had to pay for parking. Downtown is such a healthier mentality than the hum-drum blahness of the suburbs. Hell, even if the job downtown paid a little bit less than the suburban one, I'd probably take it as well, as who knows where new jobs or opportunities will lead when you're around other companies and people vs being outcast in some suburban office campus or bldg.

I mean yes, I would absolutely want that as well. Unfortunately for us, that's not what this suburban, Sub division, car centric region wants. 

1 minute ago, AsDustinFoxWouldSay said:

I mean yes, I would absolutely want that as well. Unfortunately for us, that's not what this suburban, Sub division, car centric region wants. 

 

I was responding to your post. You said people don't care about being Downtown esp in Cleveland -- that Downtown was so bad people would rather be in a suburban hellhole. You said " The best and brightest look for opportunity to rise up the ladder, get good benefits and a good culture at the work place. Not the opportunity to be pestered by panhandling, pay for parking, and find you're car broken into at the lot, just so you could walk to your $30 business lunch.  I'm all for working and living downtown, but I've read and seen what this region wants."

 

I am part of this region and what you said is not what I want. That's what I was saying.

 

We are 2 of 1.8 million my friend. 

1 hour ago, DinaB said:

 

The article also said:  "Cliffs....could also bring along offices of some of its largest suppliers and business-servicing firms, namely those in legal and accounting...."

 

Plus the need for status. Remember they don't need to occupy each floor. They can rent out space to related--or unrelated--tenants until they themselves need the space as they grow---or even if they don't need it from growth, it will just be rental income.

 

So I see a modern 75-80 story bldg. Location? Perhaps the old Nucleus lot near E. 4 and Prospect.  I could also see them around the NE corner of E. 13 and Chester. Both spaces are now giant parking lots.

 

LOL, 75-80 stories?   Nobody, especially a publicly traded company, is going to put capital into a vast amount of speculative office space when there’s no office market to speak of to provide that rental income.  75-80 stories is fantasy talk.

1 hour ago, E Rocc said:


Only 6 floors?    What's the current occupancy of 200?

Per KJP’s article they occupy all of floors 31 33 and 34, plus parts of floors 32 and 6.  So I rounded up to 6.  And regardless of the space available in the rest of the building, a major premise of the article is that it lacks the panache they seek.

^Nothings been decided, so this is all fantasy talk… but that’s part of the fun of this forum. We get the chance to envision what Cleveland could potentially be; sometimes we’re close, sometimes not so much when it comes to projects announced. 
 

We’ll see how this plays out. @Geowizical ‘s done amazing in the past with envisioning what downtown could look like. Maybe any or our in-house artists could produce an updated downtown rendering of a completed SHW and… why not… another 30 story tower on the NuCLEus site with a residential tower next to it? We can all dream, can’t we? 

5 minutes ago, Oldmanladyluck said:

^Nothings been decided, so this is all fantasy talk… but that’s part of the fun of this forum. We get the chance to envision what Cleveland could potentially be; sometimes we’re close, sometimes not so much when it comes to projects announced. 
 

We’ll see how this plays out. @Geowizical ‘s done amazing in the past with envisioning what downtown could look like. Maybe any or our in-house artists could produce an updated downtown rendering of a completed SHW and… why not… another 30 story tower on the NuCLEus site with a residential tower next to it? We can all dream, can’t we? 

Already on it 🤙

Downtown vs. the 'burbs. It's not so much either or but who. Everything l've read says the majority of say, 22 to 35 year olds prefer downtowns. After that as people begin to settle down the suburbs become more of a draw. 

 

So where a company decides to locate may depend on how they view that dynamic. Old/conservative or young/vibrant or something in-between. 

 

Of course there are other factors involved too but l'm just commenting on who prefers what and when.

11 minutes ago, cadmen said:

Downtown vs. the 'burbs. It's not so much either or but who. Everything l've read says the majority of say, 22 to 35 year olds prefer downtowns. After that as people begin to settle down the suburbs become more of a draw. 

 

So where a company decides to locate may depend on how they view that dynamic. Old/conservative or young/vibrant or something in-between. 

 

Of course there are other factors involved too but l'm just commenting on who prefers what and when.

As someone in this age bracket recently out of school, I can concur. This is why High St. corridor from OSU to downtown Cbus is so successful and poppin - us youngins would rather live, work, play in one close area than have to drive out to the 'burbs for work every day (which I currently do, and hate vehemently!).

 

And you're right, the inclinations of large companies/industries certainly are the most deciding factor unfortunately. The issue is, I'm not sure the kinds of individuals Cliffs is looking to attract *shrug*

Edited by Geowizical

1 hour ago, AsDustinFoxWouldSay said:

"care about attracting the best and brightest from the regional and national talent pool. " - can we start to admit this is idea that the best and brightest want to work in a downtown, especially downtown Cleveland (it's not Seattle, SF, or even Pitt for that matter). I know a good amount of millenials working at Sherwin's research center who are ecstatic to be leaving downtown. And regarding Progressive and Eaton, you really think some schmuk is going to turn down working at those companies because they're not downtown? 

The best and brightest look for opportunity to rise up the ladder, get good benefits and a good culture at the work place. Not the opportunity to be pestered by panhandling, pay for parking, and find you're car broken into at the lot, just so you could walk to your $30 business lunch. 

I'm all for working and living downtown, but I've read and seen what this region wants. And NE Ohians don't want downtown anything. If that weren't the case, we wouldn't be sprawling into Portgage County now for job centers. 

 

Do these broad statements ever get old? You make Cleveland sound like hell on earth on a consistent basis, and you don't even live in the county from your previous posts. Are you going to tell us about your gf never ever seeing a cop downtown, too? Oh, and as a full time worker downtown there's maybe 6 panhandlers. Yes, tents are on Superior but every city is struggling with homelessness and always has been. Maybe it's just me but it seems like you might want to stick to Lake County. 

 

I've worked in office parks in Independence and outside of Pittsburgh and they're soulless mind numbing and cultural wastelands. You need to drive to go to lunch, drive to get there, and good luck on lunch walks. You make office parks sound like Shangri-la, instead of what they actually are. 

 

 

 Leaked rendering of C. Cliff's new world headquarters building.    Lots of panache!  

 

Source:  Craiyon 

 

image.png.e89d092918e9f23649d7299f5bef119e.png

2 hours ago, AsDustinFoxWouldSay said:

lol there's more traffic in the burbs than downtown nowadays. All thanks to moving all these companies and employees to the outerbelt freeways. 

 

A few years ago maybe, but the 271-480 redesign plus increasing WFH made a big difference down there, and it was likely the worst.

2 hours ago, DinaB said:

 

That message must be made to them repeatedly because you know the Brecksvilles and Mayfield Hts's of the world are already knocking on Cliff's door trying to sell them suburban crap and "ease of parking" and all that.... Sherwin Williams was looking in the Flats for their new research center and that's a company that is committed to Cleveland, yet still Brecksville was able to steal all those jobs from the city.

 

And that land was vacant because the VA consolidated in the city.    It was, in effect, a trade.  Let's keep that in mind.

2 hours ago, AsDustinFoxWouldSay said:

"care about attracting the best and brightest from the regional and national talent pool. " - can we start to admit this is idea that the best and brightest want to work in a downtown, especially downtown Cleveland (it's not Seattle, SF, or even Pitt for that matter). I know a good amount of millenials working at Sherwin's research center who are ecstatic to be leaving downtown. And regarding Progressive and Eaton, you really think some schmuk is going to turn down working at those companies because they're not downtown? 

The best and brightest look for opportunity to rise up the ladder, get good benefits and a good culture at the work place. Not the opportunity to be pestered by panhandling, pay for parking, and find you're car broken into at the lot, just so you could walk to your $30 business lunch. 

I'm all for working and living downtown, but I've read and seen what this region wants. And NE Ohians don't want downtown anything. If that weren't the case, we wouldn't be sprawling into Portgage County now for job centers. 

 

Your glass has consistently remained half empty. 

1 hour ago, Geowizical said:

As someone in this age bracket recently out of school, I can concur. This is why High St. corridor from OSU to downtown Cbus is so successful and poppin - us youngins would rather live, work, play in one close area than have to drive out to the 'burbs for work every day (which I currently do, and hate vehemently!).

 

And you're right, the inclinations of large companies/industries certainly are the most deciding factor unfortunately. The issue is, I'm not sure the kinds of individuals Cliffs is looking to attract *shrug*

 

In this case it works both ways.   The trend in the metals industry has been to put the HQ near a major plant or in the suburbs for quite some time.  The exception being companies with a tradition of being located in a downtown area....such as Cleveland Cliffs and US Steel.   Also, they have a major plant which is basically downtown.

 

In most cases I would expect a manufacturing company to move to the burbs, or adjacent to a plant.  Particularly research facilities, as happened with SW.   Not this time.

15 minutes ago, GREGinPARMA said:

 

Your glass has consistently remained half empty. 

 

I detect a certain amount of devil's advocate/irony in his comments from his perspective, but there's some truth to them and even more reflection of the views of many in the region.

2 hours ago, Geowizical said:

Already on it 🤙

 

Can you do several versions--like 30, 50, and 70 stories? (We can dream, right?)

3 hours ago, DinaB said:

 

That message must be made to them repeatedly because you know the Brecksvilles and Mayfield Hts's of the world are already knocking on Cliff's door trying to sell them suburban crap and "ease of parking" and all that.... Sherwin Williams was looking in the Flats for their new research center and that's a company that is committed to Cleveland, yet still Brecksville was able to steal all those jobs from the city.

 

1 hour ago, E Rocc said:

 

And that land was vacant because the VA consolidated in the city.    It was, in effect, a trade.  Let's keep that in mind.

 

I can see why you say its a trade. But its not really. For the VA, it made sense to consolidate in the city. It didn't make sense for them to close University Circle and move everything to an expanded Brecksville location. So that move is simple operations, logic, economics, etc.  In the case of SHW, SHW was actually looking for new locations in the Flats nearby its existing Breen center. It made sense for SHW Research to be in the Flats as it was close to its corporate offices and it wanted that proximity and those employees were already there. SHW was not looking to relocate miles away--only hundreds of feet away. Brecksville stole those jobs plain and simple. Brecksville and Cleveland are not equal places. So just because the VA in Washington decides to move out of Brecksville to consolidate in Cleveland where they already had operations, its doesn't mean its logical/fair/right/"an even trade" or whatever to say SHW must lose part of its workforce to Brecksville where it zero operations.

 

 

"I can see why you say its a trade. But its not really. For the VA, it made sense to consolidate in the city. It didn't make sense for them to close University Circle and move everything to an expanded Brecksville location. So that move is simple operations, logic, economics, etc.  In the case of SHW, SHW was actually looking for new locations in the Flats nearby its existing Breen center. It made sense for SHW Research to be in the Flats as it was close to its corporate offices and it wanted that proximity and those employees were already there. SHW was not looking to relocate miles away--only hundreds of feet away. Brecksville stole those jobs plain and simple. Brecksville and Cleveland are not equal places. So just because the VA in Washington decides to move out of Brecksville to consolidate in Cleveland where they already had operations, its doesn't mean its logical/fair/right/"an even trade" or whatever to say SHW must lose part of its workforce to Brecksville where it zero operations."
 

They are equal places.   Each has the same right to protect its tax base.   Each has the same right to develop vacant land, including that where a previous employer has moved out.  

 

The people in the offices want research close by, so they can be "involved".  The people doing the actual research?   Typically not so much.   Scientific types are often focused on their tasks and not very big on density.  Or meetings.  They work around the clock.   Research involving chemicals provides challenges of its own, and elbow room is often beneficial.

 

I expected HQ to build exactly where it was and research to end up on the old VA site.   It's a matter of record on here.   There were positives and negatives to both proposed sites, and last minute issues with the site near Breen tipped the balance.

 

My dad also expected them to locate in Brecksville, and believed it made much more sense.    He was Ferro Corporation's Director of Environmental and Safety Issues at one point.  Their HQ was downtown and they had a plant on E. 56th, but their research center was in Independence.

Edited by E Rocc
incorrect attribution

I was just curious and looked at the Fortune 10 and all those companies' HQs are in a suburb/exurb, besides Berkshire Hathaway in Omaha. Amazon's HQ1 is in Seattle but HQ2 is technically in a suburb of DC. I personally wouldn't want to work in a box surrounded by parking lots but clearly it works for a lot of companies. 

 

 

Purely my opinion, but I don't think competing offer for USS by Stelco of Canada is credible.  Relatively tiny Stelco would need to swing a $10 billion leveraged buyout to pull it off.  At today's interest rates and tomorrow's prospects, I doubt they will find financing.  The Stelco guy Kestenbaum just wanted some publicity.

Remember: It's the Year of the Snake

8 hours ago, coneflower said:

I was just curious and looked at the Fortune 10 and all those companies' HQs are in a suburb/exurb, besides Berkshire Hathaway in Omaha. Amazon's HQ1 is in Seattle but HQ2 is technically in a suburb of DC. I personally wouldn't want to work in a box surrounded by parking lots but clearly it works for a lot of companies. 

 

 

 

Many of them take approaches similar to Progressive's, where there's lots of amenities on site.

Create an account or sign in to comment

Recently Browsing 0

  • No registered users viewing this page.