Google spreads out in Dublin's Docklands
Google has moved to increase its massive footprint in Dublin's Docklands yet again after entering into a long-term agreement with businessman Denis O'Brien to rent several floors at his office block at Grand Canal Quay.
The company is taking six floors of office space at the building as part of its ongoing drive to expand in the city's booming Silicon Docks area.
It is understood the billionaire businessman will retain and continue to work from his existing offices on the property's top two floors.
Previous tenants of the lower levels of the building include Bank of Ireland. A spokesman for O'Brien declined to comment on the deal.
News of Google's move into the former headquarters of O'Brien's telecoms business Esat comes as the company prepares to sign a deal with developers Johnny Ronan and Paddy McKillen to acquire the Treasury Building on nearby Grand Canal Street for a figure in excess of €115m.
Google's intention to buy the 11,619 sq m (125,066 sq ft) property which currently serves as the headquarters of the NTMA was first revealed by this newspaper last November.
The two transactions come just over two months on from Google's completion of a €300m deal to acquire the entire Bolands Quay scheme.
Located immediately beside O'Brien's Grand Canal Quay offices, the development will, upon completion, comprise 36,851 sq m (396,660 sq ft) of office, residential, retail and cultural space, and be capable of accommodating up to 2,500 workers.
Last February, Google opened it latest offices in the Dublin Docklands, inviting Taoiseach Leo Varadkar to cut the ribbon on the newly-constructed 4,738sq m (51,000 sq ft) Velasco Building directly opposite the Treasury Building on Grand Canal Street.
Google's decision to buy the Boland's Quay scheme and the Treasury Building, are in keeping with its preference for owning its own premises in the area now commonly referred to as 'Googletown'.
In 2011, the company bought its European HQ on Barrow Street and the nearby Montevetro building for €100m and €99m respectively. In 2014, it secured more space on Barrow Street, paying €65m for Grand Mill Quay, an 8,965sq m (96,500 sq ft) office building developed by Bernard McNamara prior to the crash.
Google's 7,000-strong Dublin workforce are based across a range of locations in the city's docklands and within the Sandyford Business District in south county Dublin.