Panattoni has begun the construction of a 915,000 sq ft speculative logistics facility – which it claims will be the largest speculatively built facility in the UK – at Panattoni Park Swindon.
The scheme will be 30,000 sq ft larger than its previous record-breaking development, an 885,000 sq ft unit in Avonmouth let to GXO Logistics this month.
Alongside a second 545,000 sq ft space, which is already under construction, the new 915,000 sq ft unit will be part of the £300m first phase of development at Panattoni Park Swindon, which is located on the 360-acre site of the former Honda manufacturing plant and when complete will offer 7.2m sq ft of state-of-the-art space.
Vertical construction of the 915,000 sq ft unit is set to begin in June. The facility is designed to meet the requirements of high-volume logistics and manufacturing occupiers and will boast 21m clear internal height, a cross-docked service yard that extends more than 90 metres and market-leading ESG credentials. It is also expected to achieve BREEAM ‘Outstanding’ and EPC A ratings.
The wider masterplan includes biodiversity and community benefits such as a 10% biodiversity net gain, a new public park, wildflower meadows, tree planting, green corridors and dedicated pedestrian and cycle routes. The site also includes a plot with detailed planning permission for a 1.2m sq ft unit.
James Watson, head of development – Southern England & London at Panattoni UK, said: “Having recently leased Panattoni Park Avonmouth, the largest speculative warehouse to have ever been built in the UK, I’m pleased to announce today we are now commencing construction of an even larger speculative warehouse in Swindon. Panattoni Park Swindon embodies our model: scale, location, power, and quality – delivered ahead of demand. [It] is one of our largest developments globally and will be exemplary in its class.”
Savills and DTRE are leasing agents at Panattoni Park Swindon.
