The site at Normanton is close to junction 28 of the M1 motorway.
Panattoni Park J28 Central M1, as the scheme will be known, is the latest addition to the developer’s portfolio, having recently announced its commitment to over 3 million sq ft of speculative builds in the UK this year.
The site will see two warehouses, a 345,000 sq ft and 230,000 sq ft unit. Both are due for completion by the end of 2022.
Both buildings at Panattoni Park J28 will be built to a BREEAM rating of ‘Very Good’, an EPC rating of ‘A’ and have 15m clear internal height and 50m yards. Unit 1 will total 343,185 sq ft, while Unit 2 will have 231,068 sq ft of warehouse space. Both will include office and hub spaces.
Work is expected to start at the site early next year.
Andy Preston, Development Director at Panattoni, said: “ “We are seeing strong demand for Grade A accommodation across the whole of the Midlands.”
FHP have been appointed as agents on the scheme.