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Panattoni Park to open new site in Crawley

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A 10-acre Crawley site is to see a 202,000 sq ft speculative, last-mile logistics development named Panattoni Park.

The development, called Panattoni Park Crawley, will be in the industrial area of Manor Royal Business district.

Developer Panattoni has just acquired the site from Aberdeen Standard Investments.

Panattoni is aiming to submit an outline planning application in the fourth quarter of this year, with a view to beginning demolition and construction in the first half of 2022 and completing in the first quarter of 2023. Panattoni will aim to pre-let the space, which could either be one unit of 202,200 sq ft or two units.

The development is part of Panattoni’s commitment to a significant speculative development programme in the UK in 2021 in response to strong demand from occupiers for immediately available space. In the south, Panattoni has acquired or progressed nearly 10 million sq ft of developments since the onset of coronavirus in March 2020.

Tony Watkins, Development Director at Panattoni, said: “This is a rare opportunity to acquire such a well-located site, as land in the south east for building a logistics facility of this scale is very scarce. This is a great site for accessing London”.

Letting agents are JLL and Savills.

TAGS: News panattoni
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