- Jay Paul Co.
LONDON – Facebook is planning to open its first office in San Francisco, according to a Bloomberg report citing a person familiar with the matter.
The social media giant is reportedly planning to move up to 100 Instagram staff into the new 181 Fremont skyscraper in the South of Market district. The mixed-use tower is set to be 802 ft when complete.
It has filed a letter of intent to move into the space, according to Bloomberg’s source, who added that Facebook is also considering other properties.
It’s currently unclear how many floors Facebook is looking to take and when it hopes to move in.
Facebook has its main headquarters further south in Menlo Park, California. Other notable companies that have expanded to San Francisco after setting up their headquarters further south in Silicon Valley include Google and Apple.
Facebook did not immediately respond to Business Insider’s request for comment.