Facebook on Thursday said that it had signed a long-term lease for a new 14-acre Dublin campus, in a move that will quadruple its office space in the city and allow it to house an additional 5,000 employees.

Dublin, where Facebook currently employs around 4,000 people, has served as the social media giant’s EMEA headquarters for nearly 10 years. The new campus, the company said, will house its more than 60 Irish-based teams, from across its engineering, safety, legal, policy, marketing and sales divisions.

Employees in Dublin also work on the company’s Instagram, Messenger, WhatsApp, and Oculus products.

“This significant investment in a 14-acre campus with capacity for thousands more employees demonstrates our commitment to Ireland, our desire to grow our business here and continue to contribute to the economy,” the head of Facebook Ireland, Gareth Lambe, said in a statement.

The move to the 870,000-sqft base, in a south Dublin suburb, will happen over three years and is expected to be completed by 2022, Lambe noted. The campus, known as Bankcentre, is currently occupied by AIB, one of Ireland’s largest banks.

Facebook’s current headquarters is based in Dublin’s “Silicon Docks” district, which also houses Google’s EMEA headquarters, among that of several other technology giants. Facebook also operates from another office building in Dublin and has a data centre just north of Dublin.

Noting that Dublin has become the “primary strategic international hub” for Facebook, the head of Ireland’s state development agency, Martin Shanahan, said that Thursday’s announcement “further deepens its commitment to Ireland.”

Business minister Heather Humphreys called the acquisition of the new campus a “landmark day for Facebook.”

“Above all, it is a testament to the calibre of [Ireland’s] rich pool of talent, who have contributed so positively to the company’s global growth in the last decade,” she said.