Google has announced plans to open a new UK headquarters building in London, which the BBC reports could create up to 3,000 jobs in the country by 2020.
Sundar Pichai, Google CEO, told the BBC the company sees "big opportunities" in the UK. This is despite the country's decision to exit the European Union in June -- a move that has led to many big businesses considering relocating their European headquarters from London to mainland Europe.
Pichai said: "The UK has been a tremendous market for us. We see big opportunities here. This is a big commitment from us -- we have some of the best talent in the world in the UK and to be able to build great products from here sets us up well for the long term."
Google made the investment decision taking Brexit into consideration, according to Pichai. He said while Google is "very optimistic" about the future of its business in the UK, Brexit may have complicated "second effects" in the longer term -; although he didn't go into detail with the BBC about what those might be.
The new headquarters will be based on Google's King's Cross campus, which will consist of three buildings altogether, which includes two leased properties. The entire campus, including the new purpose-built 650,000 square-foot HQ, will house 7,000 employees. Google currently employs 4,000 people in the UK.
The newly announced building will be situated on purchased land and has been designed by architects at Heatherwick Studios and Bjarke Ingels Group.
The BBC estimated, with the help of development experts, that the cost of building the new building and dramatically increasing its staff could see the new UK investment cost more than £1 billion ($1.24 billion.)
In a press release, Mayor of London Sadiq Khan said: "This is a vote of confidence in our great city - creating high-skilled jobs, supporting growth and demonstrating that London is open to business, new investment and talent from around the globe.
"London is one the world's leading technology hubs and investment into the capital post-Brexit remains robust, so Google's expansion will further strengthen our city's reputation as a global leader in digital technology."
Staff began moving into the first of Google's three new buildings in its King's Cross campus in June. The 11-story building at 6 St. Pancras square offers staff free food, massages, cookery classes, and access to a 90-metee running track.
Construction on the second building Google will lease began earlier this year and staff are set to move there in 2018.