Former Dublin HQ of Facebook set for €70m redevelopment as sustainable office space
The former Irish headquarters of Facebook owner Meta in Dublin is undergo a €70m redevelopment into a sustainable premium office space.
The former Irish headquarters of Facebook owner Meta in Dublin is undergo a €70m redevelopment into a sustainable premium office space.
Union Investment has commenced the redevelopment of 4/5 Grand Canal Square. Construction works will begin this week with a targeted completion date of early 2027. The 18-month programme will transform the building into 250,000 sq ft of sustainability-led workspace in Dublin’s South Docklands. Savills and Cushman & Wakefield have been appointed as joint letting agents for the project.
The redevelopment will include receptions located at Grand Canal Square and Cardiff Lane. Amenities will include a business lounge, ground floor café with external seating, flexible workspace, a private gym and wellness suite, and a communal roof terrace with panoramic waterfront views.
A seven-storey glazed atrium will support collaborative working.
“4/5 Grand Canal Square is one of Dublin’s most prominent office buildings and this refurbishment represents a significant investment in the future of the city’s business district. By retaining the existing structure, and reimagining it to the very highest sustainability standards, we are setting a new benchmark for low-carbon development in Dublin," said Union Investment asset manager Seb Wilson.
"With its exceptional location, premium amenity offering, and best-in-class environmental credentials, we believe 4/5 Grand Canal Square will be one of the most attractive workplaces in Europe when it completes in 2027.”
Union Investment bought the building in 2015 in a deal believed to have been worth €230m. In 2023, Meta opened its headquarters in Ballsbridge in Dublin, with additional sites in Meath where its data centre is located and Cork, which is home to Reality Labs.
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