European property developer Panattoni has begun speculatively developing a 452,469 ft2 (42,000 m2) last-mile logistics development at Burgess Hill, 45 miles south of London.
Construction at Panattoni Park Burgess Hill follows the granting of planning consent by Mid Sussex District Council at the end of January. Panattoni’s expansion for developments south of London comes following purchases of sites in Crawley and Brighton.
Panattoni is intending to speculatively develop 14 units, with planning in place for light industrial, general industrial and warehousing and distribution. The units will be built to a BREEAM rating of ‘Very Good’ and an EPC rating of ‘A’ and will benefit from 15% roof lights, electric charging points for vans and cars and up to 7.5 MVa of available power.
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 ft2 of space in 14 units. This scale of construction emphasises our continued commitment to speculative development in key, undersupplied markets.’
Panattoni will start on site in March this year and plans to have all units completed and ready for occupation in the first quarter of 2024.
Agents at Panattoni Park Burgess Hill are DTRE, Lambert Smith Hampton and SHW.
