Panattoni is pushing ahead with the speculative development of a 452,469 sq ft last-mile logistics development at Burgess Hill, in Sussex.
The developer received planning permission from Mid Sussex District Council for Panattoni Park Burgess Hill, which sits on a 22-acre site, at the end of January.
Panattoni intends to speculatively develop 14 units at the site, with planning in place for light industrial, general industrial and warehousing and distribution. All of the units will be built to a BREEAM rating of Very Good and an EPC A rating.
David McGougan, development director at Panattoni, said: “We are pleased to be bringing forward this first of three southern developments planned for 2024, which will provide 452,469 sq ft of space in 14 units. This scale of construction emphasises our continued commitment to speculative development in key, undersupplied markets.
“We start on site in March this year and will have all units completed and ready for occupation in the first quarter of 2024. We forecast that the delivery of these new units will provide up to 1,000 jobs to the region.
“We are delivering a wide range of unit sizes from 8,136 up to 142,815 sq ft in one phase to meet the high occupier demand for industrial and logistics space in the south market, where there is a critical lack of stock to serve such a big market of consumers.”
DTRE, LSH and SHW are joint agents at Panattoni Park Burgess Hill.
