Internet search engine giant Google will build new UK headquarters at King’s Cross Central.

The company announced the purchase of a 2.4 acre plot at the 67-acre King’s Cross development site today, in what is believed to be one of the biggest ever commercial acquisitions in the UK.

The state-of-the-art facilities are expected to be complete and ready for Google employees to relocate from current premises in Victoria and Holborn by 2016.

Cllr Sarah Hayward, leader of Camden Council, said: “This is excellent news for Camden and a great way to start 2013. I’m looking forward to welcoming Google to King’s Cross and to working with them to ensure this investment by a global brand directly delivers local jobs and supports the local economy in Camden.”

Work on the building, which will range in height from seven to 11 storeys, is expected to start later this year.