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Facebook to start New Property Boom in North Docklands

  • 16-03-2017 9:24am
    #1
    subpar
    Registered Users Posts: 489 ✭✭


    Facebook plans to almost double its workforce in Dublin after confirming it has signed a deal for an additional office building in the city.
    The move means that almost 10,000 of Dublin city's industrial jobs will soon be provided by two companies - Facebook and Google.
    It could also spark a new property boom in Dublin's East Wall area, where the tech giant's new facility will be located.

    Facebook's Irish boss, Gareth Lambe, says its new property in Dublin's north docklands has space for 800 additional staff.
    Facebook currently employs 1,600 people in its Grand Canal Square premises, but expects to fill that over the next 12 months.

    "In our existing building, we have the capacity for 2,000 people.
    "But we have now reached over 1,600 and we're growing so fast that it's filling up, so we've taken space for another 800 desks in a new building in East Wall with growth over the next few years in mind," he said.

    Mr Lambe, who also runs sales forecasting and other strategic functions for Facebook across Europe, Africa and parts of Asia, added: "Over the next number of years, if the business and platform continue to grow, we expect to continue to grow pretty substantially in Ireland.
    "It's by far our largest footprint of any country in the world outside our Silicon Valley headquarters."

    Mr Lambe said the Dublin operation's success is the reason for extra investment from Facebook. "The business is growing pretty dramatically. Our last earnings showed growth of over 50pc year on year," he said.
    "When you're growing users and business as fast as that, we [in Ireland] need to scale up. We've been very successful here in Ireland at delivering results for Facebook. So we continue to get investment."
    Irish Independent


«13

Comments

  • #2
    whiskeyman
    Registered Users Posts: 12,564 ✭✭✭✭whiskeyman


    Any thoughts yourself instead of some copypasta?


  • #3
    hungry hypno toad
    Closed Accounts Posts: 646 ✭✭✭hungry hypno toad


    Industrial jobs?


  • #4
    subpar
    Registered Users Posts: 489 ✭✭subpar


    Beckett House on East Road to receive a major fit out taking approx 9 months , with 800 Facebook employees to move into the completed office block in 2018.


  • #5
    Dardania
    Registered Users Posts: 3,612 ✭✭✭Dardania


    hungry hypno toad wrote: »
    Industrial jobs?
    Modern day labourers...intellectual labour
    subpar wrote: »
    Beckett House on East Road to receive a major fit out taking approx 9 months , with 800 Facebook employees  to move into the completed office block in 2018.
    Looking at the map on the developer's website, it seems it's also proximate to the Docklands train station:
    http://www.thecomergroup.com/development/the-beckett 
    So that may alleviate housing needs a bit locally for people that are willing to commute...


  • #6
    Atlantic Dawn
    Registered Users Posts: 81,112 ✭✭✭✭Atlantic Dawn
    M


    Too much developement around the docklands is a bad idea especially with Dublin Port wanting to build a cruise ship terminal around the Point Depot and the need to expand the port to facilitate larger ships post Brexit.


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  • #7
    OU812
    Registered Users Posts: 6,035 ✭✭✭OU812


    Still a rough enough area down there. Surprising place for it as it's mostly residential. They really should start looking at high rise in clusters around the area. they could make a real iconic opening to the bay.


  • #8
    Wanderer78
    Registered Users Posts: 28,797 ✭✭✭✭Wanderer78


    Dardania wrote:
    Modern day labourers...intellectual labour


    Is this what call centre jobs are called now?


  • #9
    Dardania
    Registered Users Posts: 3,612 ✭✭✭Dardania


    Wanderer78 wrote: »
    Dardania wrote:
    Modern day labourers...intellectual labour


    Is this what call centre jobs are called now?
    should be. And like many old-industrial jobs, will probably be automated in time


  • #10
    Pete Moss
    Registered Users Posts: 605 ✭✭✭Pete Moss


    All good news from what I can see. More jobs, more commitment from high profile tech firms to Dublin, more development for that area of the city....Jesus, I'm starting to sound like Enda :eek:


  • #11
    subpar
    Registered Users Posts: 489 ✭✭subpar


    Atlantic Dawn wrote: »
    Too much developement around the docklands is a bad idea especially with Dublin Port wanting to build a cruise ship terminal around the Point Depot and the need to expand the port to facilitate larger ships post Brexit.

    The Cruise Ship Terminal and berts for larger vessels is currently taking place in Alexandra Basin eastwards of the Toll Bridge and nowhere near East Road.


    Gareth Lambe Head of Facebook Ireland " The new Facebook building, which won't be ready for a year, is close to Dublin's Point Depot on the northside docklands. Big tech companies are notorious for turning down northside city locations. But Lambe sees a different future for Dublin 1.

    "I think us moving there is a statement for the area," he says. "We see this area as having a lot of potential, a lot like the current area [Facebook's current home in the Grand Canal basin] 10 or 15 years ago. We considered places with lower costs on the outskirts of Dublin. But because we'll be moving some people from this building to the new one, we wanted to keep disruption to a minimum."


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  • #12
    MrMorooka
    Registered Users Posts: 710 ✭✭✭MrMorooka


    As someone who has actually interviewed at Facebook Dublin, they are not call center jobs and they are not the kind of the jobs that could be automated in the near future. It's also consistently rated as one of the best places to work in the country. The expansion is a good thing, nice to see it on the Northside too. People can be so negative and begrudging about things.


  • #13
    Gumbo
    Moderators, Society & Culture Moderators Posts: 38,429 Mod ✭✭✭✭Gumbo


    Great news. Bring it on.


  • #14
    fiachr_a
    Banned (with Prison Access) Posts: 1,204 ✭✭✭fiachr_a


    MrMorooka wrote: »
    As someone who has actually interviewed at Facebook Dublin, they are not call center jobs and they are not the kind of the jobs that could be automated in the near future. It's also consistently rated as one of the best places to work in the country. The expansion is a good thing, nice to see it on the Northside too. People can be so negative and begrudging about things.
    How many Irish-born will get these jobs?


  • #15
    Arcade_Tryer
    Registered Users Posts: 2,021 ✭✭✭Arcade_Tryer


    fiachr_a wrote: »
    How many Irish-born will get these jobs?
    However many meet the requirements for the advertised roles one would imagine.


  • #16
    Love2love
    Registered Users Posts: 1,257 ✭✭✭Love2love


    fiachr_a wrote: »
    How many Irish-born will get these jobs?

    What? Seriously, what?


  • #17
    Ben D Bus
    Registered Users Posts: 2,110 ✭✭✭Ben D Bus


    fiachr_a wrote: »
    How many Irish-born will get these jobs?

    Not you anyway based on your attitude.


  • #18
    Ben D Bus
    Registered Users Posts: 2,110 ✭✭✭Ben D Bus


    This is 3 week old news by the way

    http://www.skyscrapercity.com/showpost.php?p=138557559&postcount=681


  • #19
    Hollister11
    Closed Accounts Posts: 5,482 ✭✭✭Hollister11


    Just what we need. Fantastic news. A boost in construction and a boost in technology jobs.


  • #20
    L1011
    Moderators, Business & Finance Moderators, Motoring & Transport Moderators, Society & Culture Moderators Posts: 67,600 Mod ✭✭✭✭L1011


    fiachr_a wrote: »
    How many Irish-born will get these jobs?

    As many as are suitable.


  • #21
    DontThankMe
    Closed Accounts Posts: 732 ✭✭✭DontThankMe


    The boom is back!


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  • #22
    SEPT 23 1989
    Registered Users Posts: 43,024 ✭✭✭✭SEPT 23 1989


    Drive the unwashed into the Liffey


  • #23
    andekwarhola
    Registered Users Posts: 4,638 ✭✭✭andekwarhola


    whiskeyman wrote: »
    Any thoughts yourself instead of some copypasta?

    Have you?


  • #24
    newacc2015
    Closed Accounts Posts: 2,379 ✭✭✭newacc2015


    fiachr_a wrote: »
    How many Irish-born will get these jobs?

    I know everyone likes to think all these jobs tend to be minimum wage jobs being filled by Italians, Germans etc. But IT companies in Dublin pay some of the best wages in the City by miles. They give all their employees decent healthcare, pensions, shares, free meals, gym etc.

    A lot of managers in these places are Irish. It pisses some people off in these roles, that the Irish tend to get the highly paid, easier jobs in these companies.

    Go onto Linkedin and you will see IT companies in Dublin are often 20% UCD and TCD alone.


  • #25
    boobycharlton
    Closed Accounts Posts: 262 ✭✭boobycharlton


    Most of their employees will need to be fluent in another language besides English. Not too many Irish up to that standard. Still, secondary jobs like catering, security, cleaning etc I suppose.


  • #26
    subpar
    Registered Users Posts: 489 ✭✭subpar


    whiskeyman wrote: »
    Any thoughts yourself instead of some copypasta?

    Firstly , Beckett House on East Road has been empty since it was built approximately 10 years ago and its great at last to see it is going to become a vibrant business centre filled by a world class company with 800 employees.

    Most of the big multi national company's have been very slow to locate in the north docklands but the arrival of Facebook could be the game changer and with Yahoo and Voxpro in the Point Square and New Central Bank and N.T.M.A. offices opening up on the North Wall the pendulum is definitely swinging to the north side of the river which can only be positive for the overall area as it will inevitably lead to the opening up of support retail business such as restaurants , cafes , pharmacies etc.

    The impact on property values in the area in terms of sales and rental prices will also be positive for the area, and for those living in the area the arrival of these new businesses should bring about an improved landscape with an improvement in litter levels , road surfaces , kerb side tree planting etc. I have no doubt that Facebook and all the other new businesses will be good neighbours and will lobby the local authorities to improve the level of care and attention they give to the area.

    I say all this as someone who has a long term interest in the area , my great grandfather and grandfather lived in Nixon St ( Demolished and now part of the IFSC). So change is always happening and can be very positive for the North Wall / East Wall area


  • #27
    newacc2015
    Closed Accounts Posts: 2,379 ✭✭✭newacc2015


    boobycharlton wrote: »
    Most of their employees will need to be fluent in another language besides English. Not too many Irish up to that standard. Still, secondary jobs like catering, security, cleaning etc I suppose.

    The management teams tend to be Irish. A lot of the HR, Finance, accounts, sales etc are Irish. Dublin has the UK and Irish sales teams for a lot of IT companies, these are not German or Dutch speakers


  • #28
    fiachr_a
    Banned (with Prison Access) Posts: 1,204 ✭✭✭fiachr_a


    The mgmt team may be Irish but bet the majority of their workforce won't be. One of the big secrets with these multinationals based in Dublin is no-one will publish how many workers they need to import, especially for the technical roles.


  • #29
    Ben D Bus
    Registered Users Posts: 2,110 ✭✭✭Ben D Bus


    fiachr_a wrote: »
    The mgmt team may be Irish but bet the majority of their workforce won't be. One of the big secrets with these multinationals based in Dublin is no-one will publish how many workers they need to import, especially for the technical roles.

    I think it's fantastic that we have so many people from all over the world living in Dublin. It makes is a much more interesting, vibrant and livable city. Which in turn attracts more employment and more people from abroad. It's wonderful. So much better than Dublin used to be when I was in college back in the 80s and starting my career in the early 90s

    Or to address your issue, I don't care how many workers are "imported" for roles with these employers


  • #30
    average_runner
    Registered Users Posts: 12,844 ✭✭✭✭average_runner


    Wanderer78 wrote: »
    Is this what call centre jobs are called now?

    Alot of software jobs there also. Don't work for them but know a few accountants and engineers there, seems a good place


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  • #31
    Fred_Johnson
    Registered Users Posts: 67 ✭✭Fred_Johnson


    This is a very rough part of the city. Close to Sheriff Street. At least in the IFSC and Docklands you can get luas or walk along the quays. Here you'd have to walk through some of the roughest estates in the country, where there is a gangland feud ongoing. I hope Facebook have really thought this through. I don't see many of their employees being advised to rent locally.

    What this shows is the ridiculous shortage of premium office space in the main CBD's, forcing Facebook to resort to this option. There's a reason it's been lying idle for 10 years while all other office space was taken up.


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