Google splashes $1bn on new London HQ

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Google is seriously expanding its presence in London, closing the Central St Giles development next to Tottenham Court Road station for $1 billion, as part of plans to expand its UK workforce to 10,000 people .

Google rents office space already in development, which was designed by architect Renzo Piano. The building has 100 apartments with distinctive exterior colors, 38,000 square meters of office space, as well as cafes and restaurants on the ground floor.

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The company continues to build its prime UK office location in King’s Cross, which was announced in 2013 and cost £1 billion. According to GuardianThe King’s Cross office will be finished in 2022 and will be 11 storeys tall.

Google is aware that the working landscape has changed during the pandemic, especially with respect to working in an office. According to the company, the plan is to let employees use the hybrid model.

“We believe the future of work is flexibility,” says Ronan Harris, Google’s UK and Ireland boss. “While most of our UK employees want to be on site for some time, they also want the convenience of working from home a few days a week. Some of our people will want to be away altogether. Our future UK workplace is the place for all those possibilities. Is.”

Google CFO Ruth Porat said: “We have had the privilege of working in the UK for nearly 20 years, and our purchase of the Central St Giles development reflects our continued commitment to the country’s growth and success.”

financial Times says that Google will become the landlord of all existing tenants in the Central St. Giles development, including NBCUniversal.

Google also recently completed the Grace Hopper subsea cable from the US to the UK, further cementing the link between the search giant and the country. The company has also invested in subsea cable to Africa.

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