When Expedia announced it was going to bolt Bellevue for Seattle, CEO Dara Khosrowshai constantly reiterated that his company wanted an “iconic waterfront campus.” Well, it appears the company will have just that.
This week the company released renderings and plans for its Interbay campus, and it’s a doozy. Glass everywhere. Green space. Trails and outdoor spaces with Elliott Bay views (pretty much every spot on the property will have Elliott Bay views).
As Mark Nagle, the company’s vice president of real estate, told The Seattle Times: “If we’re going to attract the best and the brightest, this is how we’re going to do it.”
The plans make clear why Bellevue wasn’t an option for Expedia’s growth plan. It doesn’t matter how many floors one leases in a downtown building, or how nice of a building that is, a skyscraper can’t match the gravitas of the new Expedia campus.
T-Mobile’s spectrum shot
T-Mobile parent company Deutsche Telekom this week injected another $2 billion to the wireless company’s bank ahead of a spectrum auction this month. The company now has about $10 billion to spend on wireless spectrum, and T-Mobile won’t have to compete with Verizon or AT&T. The two reigning champs of telecommunications aren’t allowed to participate in this auction after they spent a collective $28.6 billion in the last one.
Acquiring more spectrum — the radio waves on which wireless signals are carried — is critical for T-Mobile’s growth plans. If the company is to continue poaching customers in a saturated mobile market, then its spotty coverage must improve. Greater spectrum assets is also important for Deutsche Telekom. If the Federal Communications Commission auction goes well, the German company might resume talks to sell T-Mobile.
Boeing South Carolina no longer sucks
Early on, Boeing’s South Carolina plant was a laughingstock that would send incomplete 787 fuselages to Everett, thus creating a backlog. But now, South Carolina is becoming a model of steady work and a lab for automation.
This is great news for Boeing, but it might not be so great for the company’s Puget Sound factories. While discussions of layoffs swirl around the Puget Sound, South Carolina expects no layoffs, vice president Beverly Wyse (formerly chief of the Renton factory) said, a sentiment that worries local union leaders:
“As Boeing creates capability and capacity elsewhere, the fear is it diminishes our chances when we compete for the next airplane,” said IAM District 751 President Jon Holden. “As long as we are the only state that doesn’t require jobs in exchange for incentives, Boeing is going to continue to take jobs from here.”
Elsewhere on the Web
Let’s get lyrical.
Buying a company can be quite hard
Especially for Inrix, with all its data.
But its latest acquisition gets an atta
boy for bringing more apps to the car.
You’d think it would be much easier
To spend some money on a house.
But area homebuyers have reason to grouse
Houses are scarce, and aren’t getting cheaper.
A higher wage would ease that pain
And Seattle did its best to help.
Nevertheless, conservatives yelp
Though their arguments are made in vain.