Work begins on speculative development of new multi-unit industrial scheme in Brighton

Real estate developer Panattoni has started work on a new industrial scheme next to Brighton City Airport. It will be comprised of seven industrial and logistics units, which it says will range from 19,834 to 55,632ft².

Panattoni acquired the 12-acre site upon which the scheme will be built in November 2022, announcing plans at the time for this speculative development.

Targeting BREEAM ‘Excellent’ certification and an EPC ‘A’ rating, the units will feature 7-10m eaves, 15% roof lights, and infrastructure for electric vehicle (EV) charging.

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Construction company Glencar has been appointed to build five units at Panattoni Park Brighton. According to Glencar, work commenced on the design of new scheme – to be called Panattoni Park Brighton – at the beginning of June, with development expected to be complete by May 2024.

Eddie McGillycuddy, Chief Executive of Glencar, said: “As Europe’s largest developer of logistics property, Panattoni has an extensive development pipeline and we are very happy to be working together and to be appointed for the first time on this standout South Coast development.”

Panattoni has already started work on the speculative development of two last mile logistics warehouse schemes south of London this year, both in West Sussex. These are a 450,000ft² plus scheme at Burgess Hill and a 200,000ft² plus scheme in Crawley.

Speaking on the Brighton scheme, David McGougan, Development Director at Panattoni, said: “This development presents a very rare industrial and logistics opportunity. Panattoni Park Brighton is the ideal location for last mile delivery operations looking to address consumer markets clustering the South Coast.

“We look forward to bringing forward these speculative units. Brighton and Hove is predicted to become one of the UK’s top 10 fastest-growing economies by the end of 2023”.

DTRE, Savills, and SHW are the letting agents at Panattoni Park Brighton.

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Source: logisticsmanager.com