Real estate developer Panattoni has begun speculatively developing a 575,000ft2 logistics park at junction 28 of the M1 in the East Midlands.
Panattoni Park J28 Central M1 will comprise two units of 345,000ft2 and 230,000ft2, which are expected to be completed in the fourth quarter of this year and will be built to a BREEAM rating of ‘Very Good’ and an EPC rating of ‘A’.
The 345,000ft2 facility will benefit from 15m clear internal height, 32 dock and four level access doors and have 291 car parking spaces, including electric charging points for cars and vans and 49 HGV spaces. The 230,000ft2 facility will have 15m clear internal height, 22 dock and three level access doors as well as 260 car parking spaces and 41 HGV spaces.
Buckingham Group Contracting has been appointed main contractor on site.
Andy Preston, Development Director at Panattoni, said: “We are excited to be bringing forward Grade-A buildings in a supply-starved market and we are already having conversations with potential occupiers, struggling to find suitable existing buildings”.
Letting agents are FHP and CBRE.