FACEBOOK is to double the size of its Dublin office after agreeing to takeover an office block in the Dublin docklands.
The social networking site, which said earlier this year it is looking for 100 additional staff, will take over No 4 Grand Canal Square close to the Bord Gais Energy Theatre at Grand Canal Dock, which is about 120,000 sq ft in size.
The company, which is bringing employment levels in Dublin to 500 at its European hub, is expected to split fit out costs of about €6m between itself and its landlord. It is thought Facebook signed a lease of at least 10 years.
Facebook is not the only major technology firm looking to move to bigger offices in the coming weeks.
Web services firm Yahoo is apparently set to move from its current location in East Point business park on Dublin’s northside to the Point Village development. The brainchild f Harry Crosbie, the offices are now under the control of NAMA.
Amazon meanwhile is expected to take up office space in Burlington Plaza on Burlington Road in Dublin 4.
Facebook has long been looking for alternative offices close to its current headquarters in Grand Canal Dock. That building is at capacity, with the firm taking space in neighbouring offices as a stop gap measure. The decision to move will almost double the company’s current 65,000 sq ft worth of space.