Sunday, April 28, 2024

Planning consent won for 417,570 sq ft speculative logistics development in Doncaster

Panattoni, the logistics real estate developer, has secured planning consent for a 417,570 sq ft speculative logistics development at Doncaster.

Doncaster Council has approved Panattoni’s planning application for the facility, called Panattoni Doncaster 420, which will be one of the largest speculative logistics facilities across the Yorkshire region.

Panattoni will shortly commence speculative development of Panattoni Doncaster 420, which is close to junction 3 of the M18, with completion expected in January 2024.

Dan Burn, development director at Panattoni, said: “Having recently pre-let 630,000 sq ft at Panattoni Park Rotherham, we are delighted to be bringing forward a further large speculative development in South Yorkshire. Panattoni Doncaster 420 offers great access to the regional motorway network and provides a large, skilled labour force.

“Despite the economic headwinds, occupier demand remains high across the region and supply constrained, particularly of ‘Big Box’ warehouses over 400,000 sq ft. We have been encouraged by early interest and look forward to commencing construction over the next few weeks.”

Letting agents are CPP, Colliers International and Cushman & Wakefield.

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