New Facebook HQ will create hundreds of jobs
FACEBOOK is to double the size of its international headquarters in Dublin and create hundreds of jobs.
The social networking company has confirmed plans to move to a 120,000 sq ft office space in Grand Canal Square.
The move was widely welcomed today as a major boost for the capital's Silicon Docks. Facebook said the new office will have capacity for 1,000 employees – twice the size of its current space in Hanover Quay.
Jobs Minister Richard Bruton said the announcement was "further confirmation of Ireland's status as the internet capital of Europe".
Born-on-the-internet companies that now have international centres in Dublin include Twitter, Google, LinkedIn, Yahoo and Amazon.
Mr Bruton said: "I know from our frequent meetings with Facebook on investment missions how significant this project is for the company, and how important Ireland is as its international base. I wish them every success in their new home."
The Dublin base is the company's largest operation outside of California and includes user operations, database engineering, server support, public policy, safety, marketing and advertising sales.
Facebook's lease in Hanover Quay runs out in the middle of next year, when it is expected to move.The new building was sourced by NAMA with the help of the IDA.
NAMA chief Brendan McDonagh said: "NAMA is pleased to have facilitated this transaction by advancing funding to complete the building and working with the IDA to meet Facebook's requirements."
Architect Frank Gehry will design the new offices' interior.
Sonia Flynn, the director of site for Facebook Ireland, said: "We started pretty small, but now there are hundreds of Facebook people working hard to keep the service running, keep people safe and help other businesses grow.
"It's been incredible to see the rise of Silicon Docks here in Dublin, and we hope that when we open our new space down the road, we'll be able to invite hundreds more talented people to come join us."
IDA boss Barry O'Leary said Facebook is now "one of the highest-profile companies in Ireland".
"Facebook's presence here since 2009 has been a huge draw for other firms when IDA Ireland is bringing interested clients to Ireland," he said.
"This new space will allow the company to further expand."