Google has officially unveiled The Bakery on Grand Canal Street in Dublin, a new office building set to accommodate 1,900 employees. The company concurrently released data indicating its operations contributed over €10 billion to Ireland’s economy in 2025, supporting more than 18,000 jobs across the nation.
The Bakery: A New Hub in Dublin’s Docklands
Google’s newest facility, known as The Bakery, is situated on the site of the original 1874 City of Dublin Bakery founded by Patrick Boland. The location holds historical significance beyond its commercial roots, having been occupied by Éamon de Valera during the 1916 Easter Rising. In its more recent history, the site was home to The Treasury Building and served as the headquarters for the National Treasury Management Agency (NTMA) and NAMA.
Google acquired the building in 2020 for €120 million. The development adds 325,000 square feet to the company’s existing infrastructure in Ireland and includes a dedicated events hub. The first employees are scheduled to move there from late next year.
The design emphasizes sustainability, featuring the reuse of existing structural steel, the integration of low-carbon materials, rainwater harvesting, and a rooftop terrace with extensive native planting. Speaking at the unveiling, Ruth Porat, President and Chief Investment Officer of Alphabet and Google, noted the company’s long-term commitment: “Ireland has been home to Google’s European headquarters for more than 20 years and, with the opening of The Bakery, we are delighted to celebrate our decades of investment and our enduring commitment to ensure Ireland can both drive and benefit from the opportunities of this era of innovation.”
Economic Impact and Job Creation in 2025
Alongside the building’s debut, Google released a report from Implement Consulting Group detailing the company’s financial footprint in Ireland. The research estimates that Google’s activities contributed more than €10 billion to Ireland’s Gross Domestic Product (GDP) in 2025. This economic activity supports over 18,000 jobs nationwide, a figure that includes Google’s own workforce of approximately 6,000 employees.
The report provides a breakdown of how the company’s various business units contribute to the Irish economy. Overall, Google’s products and platforms contribute €4 billion, with search and ads accounting for €3 billion. Android and Google contributed an estimated €370 million by enabling businesses to connect with customers in global markets. Infrastructure and offices, including data centres, accounted for €3 billion, with office operations contributing €2.2 billion. Cloud services were identified as a significant driver, contributing an estimated €2.2 billion, while artificial intelligence (AI) workflows contributed just under €900 million.
Google’s chief economist, Dr. Fabien Curto Millet, noted that while there is always redistribution as the economy progresses, the size of the overall economic cake is also growing. Regarding the impact of technology, Dr. Curto Millet observed: What technology has done in a very meaningful way is it has increased the capabilities of SMEs; it tends to have a levelling effect.
While AI is expected to continue contributing to the economy, Dr. Curto Millet addressed concerns regarding job losses in the tech sector, noting that some announcements have been accused of “AI-washing,” where companies blame artificial intelligence for losses that were actually implemented for other reasons.
Government Reaction and Future Outlook
Taoiseach Micheál Martin attended the unveiling to mark the expansion. By expanding their footprint here, Google is reinforcing Ireland's position as a digital leader internationally,
said the Taoiseach. It is also fitting that a building so central to Ireland’s political emergence is now an engine room for our digital and economic future.

Google’s footprint in Dublin continues to expand beyond the new Grand Canal Street office. The company previously purchased the nearby Boland’s Mills in 2018, which has since been developed into a mix of office, residential, and cultural spaces. As of the most recent accounts on file, Google’s main Irish operations paid just under €575 million in corporate tax in 2024.
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