Industrial real estate developer Panattoni is planning to speculatively develop a 417,570ft2 warehouse in South Yorkshire
The development, called Panattoni Doncaster 420 is located at GatewayEast, Doncaster Sheffield Airport. Panattoni has acquired the 18.4-acre site, which has outline planning consent, from Peel Land and Property (PLP).
Panattoni expects to start construction later this year with the intention of delivering the facility in Summer 2023.
Panattoni Doncaster 420 is targeting BREEAM ‘Excellent’ and EPC ‘A’ ratings.
The development is part of Panattoni’s commitment to a significant speculative development programme in the UK in 2022 in response to strong demand from occupiers for immediately available space.
Dan Burn, Development Director at Panattoni, said: “South Yorkshire is rapidly forging a reputation as one of the UK’s prime distribution locations. Record take up across Yorkshire in 2021 has resulted in the supply of units over 100,000ft2 dipping to the lowest level ever seen”.
Burbage Realty acted for Panattoni.