Google has completed a £1bn property deal to
move its UK headquarters to a brownfield site in London's King's Cross area.
The US technology giant has purchased a 2.4
acre site between King's Cross and St Pancras stations and plans to build a
seven and 11 storey complex due to be complete in 2016.
Google already has two central London offices
– one in Victoria and one in off St Giles High Street – from where staff are
expected to be relocated.
The move forms part of the regeneration of
the King's Cross area following the opening of the Eurostar terminal at St
Pancras in 2007. Organisations that have moved into the area since then include
Guardian News & Media, publisher of MediaGuardian, and art college Central
St Martin's.
Google's purchase mirrors its property strategy in
Dublin, where it bought a building outright for 2,000 staff in 2011. [GuardianTech]
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