31 Mar 2022
Panattoni increases speculative programme with 417,570 sq ft scheme at GatewayEast in Doncaster
Panattoni, the largest industrial real estate developer in Europe, is planning to develop one of the largest speculative logistics facilities in South Yorkshire.
The development, called Panattoni Doncaster 420, will be a 417,570 sq ft facility at Peel L&P’s GatewayEast logistics and manufacturing hub. Panattoni has acquired the 18.4 acre site, which has outline planning consent, from Peel L&P.
Panattoni Doncaster 420 benefits from superb multi-modal links, located within six minutes of rail facilities at iPort, while the seaports of Immingham and Hull are both approximately 50 miles from the site. It also provides last-mile access to the major conurbations of Yorkshire and Humberside and the major consumer and manufacturing centres of the North East, North West and East Midlands, plus central London, all fall within 4.5 hours by HGV.
Panattoni expects to start construction later this year with the intention of delivering the facility in Summer 2023.
Panattoni Doncaster 420 is targeting BREEAM ‘Excellent’ and EPC ‘A’ ratings. Occupiers will also benefit from a range of standard sustainability features and green build options.
The development is part of Panattoni’s commitment to a significant speculative development programme in the UK in 2022 in response to strong demand from occupiers for immediately available space.
Dan Burn, Development Director at Panattoni, said: “This well-located site with direct access to local, regional and global markets is a superb addition to our speculative development programme. South Yorkshire is rapidly forging a reputation as one of the UK’s hottest distribution locations. Record take up across Yorkshire in 2021 has resulted in the supply of units over 100,000 sq ft dipping to the lowest level ever seen”.
GatewayEast is being developed by regeneration business Peel L&P and provides opportunities for 11 million sq ft of residential and commercial space across five distinct zones covering technology and innovation, advanced manufacturing, logistics, cargo and airside operations. This will all be accompanied by new retail, leisure and health and wellbeing space at the upcoming GatewayEast Central Plaza development.
Neal Biddle, Peel L&P’s Development Director for GatewayEast added: “GatewayEast is South Yorkshire’s largest opportunity for transformational sustainable social and economic growth and we’re delighted to welcome Panattoni to the development as an international business and key employer to help us create more jobs in the Sheffield City Region.
“Panattoni’s exciting plans for the scheme are testament to the progress that we have made across the wider GatewayEast site over the last 12 months, and we look forward to seeing their development take shape”.
Burbage Realty acted for Panattoni.