Final speculative unit underway at Panattoni Park Northampton, UK
Panattoni, the largest logistics developer in Europe, has revealed it has started construction of the final unit at the 1.7 million sq ft industrial park in Northampton.
Panattoni Park Northampton is already home to three former Panattoni buildings totalling 625,000 sq ft, which were developed speculatively and let to Eddie Stobart Logistics.
In March this year, Winvic Construction began construction with two speculative units being 250,000 sq ft and 430,000 sq ft. These units are available for occupation from August and September 2021 respectively.
Works for the final 380,000 sq ft unit will begin this month, which will be last phase of the project. The unit will comprise of 15m clear internal height, 50m yard depth, 34 dock doors, four level access, 68 HGV trailer spaces and 296 car parking spaces with EV charging.
The three latest buildings on the Park will be built to a BREEAM rating of ‘Excellent’ and have an ‘A’ EPC rating. The section 278 works have completed giving excellent access to the park with immediate access to J16 of the M1.
Once fully occupied, the Park could support over 1000 jobs.
Oliver Bertram, Development Director at Panattoni, said: “Work is forging ahead at Panattoni Park Northampton and we expect the final unit to be available by mid February 2022. We are delighted with progress so far on the site and look forward to completing the final piece of the jigsaw.”
Northampton sits in the so-called ‘logistics golden triangle’, considered to be the UK’s most strategically important location for distribution. Panattoni Park Northampton is only 20 miles from the M6 and A14.
Burbage Realty and Savills are the joint agents on the scheme.
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