Google buys major site at King鈥檚 Cross which will be home to its new UK headquarters

Google is set to develop its new UK headquarters at King鈥檚 Cross after completing the purchase of major site within the regeneration area.

Google announced today that it has completed the purchase of 2.4 acres of the 67 acre King鈥檚 Cross development zone, which will be used to site its new 1 million sq ft UK HQ.

The Allford Hall Monaghan Morris-designed building, which ranges in height from 7 to 11 storeys, is scheduled for completion in 2016, enabling Google employees to relocate from its current premises in Victoria and Holborn.

The building will sit above retail units providing a diverse range of shops, cafes and restaurants.

The site is located immediately to the north of the new concourse at King鈥檚 Cross station and sits to the east of King鈥檚 Boulevard and south of the Regent鈥檚 Canal.

Subject to reserved matters approval being received from Camden council, construction will start on the new UK headquarters in late 2013.

Matt Brittin, Google vice president for northern and central Europe said: 鈥淭his is a big investment by Google, we鈥檙e committing further to the UK - where computing and the web were invented. It鈥檚 good news for Google, for London and for the UK.鈥

Sarah Hayward, Camden council leader, said: 鈥淭his is excellent news for Camden and a great way to start 2013. I鈥檓 looking forward to welcoming Google to King鈥檚 Cross and to working with them to ensure this investment by a global brand directly delivers local jobs and supports the local economy in Camden.鈥

She said investment would act as a further catalyst for the generation of around 35,000 jobs and the delivery of some 1,900 new homes at King鈥檚 Cross.