ByteDance Ltd.’s TikTok unit is claimed to have recognized 5 potential areas for a brand new Dublin headquarters with area for about 2,000 staff, in accordance with an individual conversant in the matter.
The Chinese language expertise firm is initially looking for about 200,000 sq. toes (18,580 sq. meters) of area, in accordance with the individual, who requested to not be recognized as the data is personal. TikTok plans to maneuver workers to the brand new location earlier than the top of this 12 months, the individual mentioned, with the precise timing influenced by the progress of the pandemic.
Irish Deputy Prime Minister Leo Varadkar mentioned final month that he had just lately met with representatives of TikTok and that the corporate was nonetheless desperate to find a Dublin headquarters. Among the many areas being thought-about are the newly constructed North Dock complicated within the metropolis’s monetary heart, in addition to the Heuston South Quarter improvement. He is additionally evaluating the Classification Workplace on the South Docks.
The opposite two areas into consideration are presently occupied, however these tenants are getting ready to go away, the individual mentioned.
If the TikTok lease goes forward, it will likely be a lift to the Dublin workplace market, which struggled in 2020 amid the pandemic. Alphabet Inc.’s Google had deliberate to fill the Classification Workplace earlier than abandoning the deal in September.
TikTok has ultimately sought area for as much as 5,000 workers in Dublin. This stopping if he goes forward could be the primary section, the individual mentioned.
An organization spokesperson couldn’t instantly remark.
Dublin has change into a magnet for tech firms lately. Google and Fb Inc. have their European bases within the metropolis, whereas many different firms, together with Twitter Inc. and Microsoft Corp., even have a big presence there.
The Enterprise Publish beforehand reported TikTok’s curiosity within the Classification Workplace.