Amazon is opening new offices in London's tech hub, Tech City, taking up residence in a new tower with enough space for 5,000 employees.
The online retailer,, has signed a lease for Principal Place, a new 15 storey office development with 600,000 square feet of floor space in the area of central London known as Silicon Roundabout.
Brookfield Property Partners is commencing construction of the building later this month, according to Amazon, and plans to have completed the development in 2016. Amazon will occupy 431,000 square feet of office space in 2017, giving the company capacity for over 5,000 staff.
The new development, located between Liverpool Street and Shoreditch High Street stations, will also have a public piazza and events space as well as room for retail units, including cafes and restaurants.
Besides the thousands of Amazon employees at fulfillment centres in the UK, the company currently employs 1,700 people in its UK offices, including staff located at its current headquarters in the less than glamorous town of Slough, about an hour's drive from central London.
The company also announced plans to move all its corporate offices to London by the summer of 2015, spread across three sites in the capital. Amazon's current London offices include 60 Holborn Viaduct and the Amazon Development Centre which opened on Glasshouse Yard, near the Barbican. Ahead of the opening of Principal Place in 2017, Amazon will also take a temporary lease at of 1 Leadenhall Court in April 2015.
"We have already invested well over £1bn and created more than 7,000 permanent jobs across the UK," said Christopher North, managing director of Amazon.co.uk.
"To support our continued growth in the UK, we have secured this exceptional building giving us the capacity to hire thousands of new employees in London in the coming years, in addition to the thousands of permanent roles we will create across our UK fulfillment and customer service centres."
Other major tech companies that have set up offices in Tech City include Facebook, Google and Twitter, while a range of other business, including financial services, have opened offices to provide services to local startups located in the area.