It's Official: Facebook Moves into Ballsbridge
What has been rumoured for months has finally been confirmed by Facebook, they have agreed a long-term lease with AIB the developers of Fibonacci Square at the front of the campus. This move will result in Facebook quadrupling its current floor space to 870,000 sq feet across a number of buildings and will add 5,000 staff to its Irish operation in the coming years.
In total, the Ballsbridge campus will accommodate more than 7,000 employees. Facebook plans to develop the site over the next three years, with the first group of staff due to move in late March or April next year.
According to the Irish Times, more than 60 Facebook teams will eventually be located in Ballsbridge, with the company taking leases from the various landlords for more than 20 years. It will also be home to staff working for its subsidiary applications, WhatsApp, Instagram and Messenger, and its Oculus virtual reality unit.
Gareth Lambe, head of office for Facebook in Ireland, told The Irish Times that the move gives Facebook a “lot of room for growth, and an ability to plan strategically” for the future here.
“By 2022, we will have all of our full-time employees [in Dublin] located there,” he said. “We were very keen to take the whole campus and to have our future here for the next decades copper-fastened”.
This move will generate a greater interest in the area, thus increasing revenues for all businesses in Ballsbridge. This will, in turn, be massive for job creation and provide many benefits to those taking a Ballsbridge address.
As an initiative we are delighted with the news and look forward to welcoming Facebook to Ballsbridge.