Some Bay Area tech companies have whittled down real estate because of remote work. Not Snowflake, which is quadrupling its Dublin office space for up to 500 more workers.
The cloud computing and data services company has punched up its lease to occupy an entire 153,000-square-foot office building at 4140 Dublin Boulevard, SiliconValley.com reported. Before the deal, the company had 40,000 square feet.
The new office can accommodate another 500 workers, Warrick Taylor, vice president of global workplace and real estate, said.
Snowflake, founded in 2012 in San Mateo, last year designated Bozeman, Montana as its official headquarters, where its CEO and chief financial officer now live. It employs 4,560 workers, with most of its operations in San Mateo.
The company generated $1.41 billion in revenue in the year ended in April 2022.
“Snowflake’s decision to expand in Dublin demonstrates their continued success as a business,” Dublin Mayor Melissa Hernandez said. “We could not be more excited about their growth.”
The expansion of Snowflake stands in contrast to other tech firms in the Bay Area that have closed offices or downsized during the era of remote work.
In July, Twitter announced it would cancel plans to open a 66,000-square-foot Oakland office a year after it leased the space. Early this year, Autodesk closed more than 100,000 square feet in San Francisco eight months after opening there.
StubHub, a ticket reseller born in San Francisco, said this week it would close its SoMa office in San Francisco and lay off more than a hundred workers.
– Dana Bartholomew
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