UK
Ireland
Scotland
London
Construction News
25/06/2024
Plans Announced To Build £135m Development In Coventry
Panattoni has announced plans to develop a £135 million speculative logistics development in Coventry.
The net zero carbon development, called Panattoni Park Coventry, will be located on a 47-acre site by junction 3 of the M6, which Panattoni has just acquired from L&Q Estates.
The site has outline planning consent for 600,000 sq ft of logistics space. Panattoni will develop the largest unit of 540,000 sq ft and has the opportunity to develop two further units of 40,000 sq ft and 20,000 sq ft.
Panattoni Park Coventry is located in the logistics “Golden Triangle”, adjacent to junction 3 of the M6 and with excellent communication links to the M1 and M69 motorways. There is an additional eight-acre parcel of land as part of the outline planning consent, which has been acquired by Taylor Wimpey.
The site acquisition is part of Panattoni’s strategy, which focuses on speculative development in areas where there is a critical shortage of space and significant rental growth potential.
Gregg Titley, Head of Development East and West Midlands at Panattoni, said: "This is a rare opportunity for us to acquire a prime development site in the Golden Triangle. There is a lack of supply of large logistics units of 500,000 sq ft plus in the region, while demand remains strong."
L&Q Estates and the Landowners was advised by Holt Property.
The net zero carbon development, called Panattoni Park Coventry, will be located on a 47-acre site by junction 3 of the M6, which Panattoni has just acquired from L&Q Estates.
The site has outline planning consent for 600,000 sq ft of logistics space. Panattoni will develop the largest unit of 540,000 sq ft and has the opportunity to develop two further units of 40,000 sq ft and 20,000 sq ft.
-- Advertisement --
Panattoni Park Coventry is located in the logistics “Golden Triangle”, adjacent to junction 3 of the M6 and with excellent communication links to the M1 and M69 motorways. There is an additional eight-acre parcel of land as part of the outline planning consent, which has been acquired by Taylor Wimpey.
The site acquisition is part of Panattoni’s strategy, which focuses on speculative development in areas where there is a critical shortage of space and significant rental growth potential.
Gregg Titley, Head of Development East and West Midlands at Panattoni, said: "This is a rare opportunity for us to acquire a prime development site in the Golden Triangle. There is a lack of supply of large logistics units of 500,000 sq ft plus in the region, while demand remains strong."
L&Q Estates and the Landowners was advised by Holt Property.
Latest Construction News
05/02/2025
Stockport Mayoral Development Corporation (MDC) and ECF, a joint venture between Homes England, Legal & General, and Muse, have selected Vinci as the preferred contractor for Phase 1 of Stockport 8, a £350 million residential development west of Stockport town centre.
The decision follows a competi
05/02/2025
Vistry Group has finalised contracts for a significant housing development in Hinckley, Leicestershire, securing outline planning permission to deliver 475 new homes in the area.
The development, located east of Stoke Road and north of Normandy Way in the town's northern region, has a projected val
05/02/2025
Wilten Construction has been awarded a second Design and Build contract at Gateway 14 by client Gateway 14 Ltd and Jaynic.
The project involves the development of a state-of-the-art, three-storey Skills and Innovation Centre spanning 35,000 sq ft in the heart of Gateway 14. Designed to achieve BREE
05/02/2025
Knowsley Council has approved a major housing development in Kirkby, giving the green light to 800 new energy-efficient homes in the town's centre.
The decision also secures £7.7 million in Section 106 contributions from developer Barratt David Wilson Homes, further boosting local investment.
The
05/02/2025
Keepmoat Homes has announced plans to invest over £50 million in three new housing developments across Calderdale, aiming to deliver more than 200 new homes.
The developments, undertaken in partnership with Calderdale Council, form part of the North Halifax Transformation Programme, a local authori
05/02/2025
Essential renewal work at Skerne Road level crossing in Driffield has been completed. Over a six-day period, engineers replaced decades-old equipment, installing a state-of-the-art operating system, replacing the level crossing deck, and resurfacing the road.
The newly installed operating system is
05/02/2025
Construction firm GRAHAM is currently carrying out essential restoration work at the National Railway Museum in York, replacing the Grade II listed roof structure at Station Hall.
Originally built between 1875 and 1877 as a goods station, Station Hall now houses the museum’s six royal carriages.
05/02/2025
Mezzanine floors are commonly associated with additional storage or expanded floor space, but did you know they can also have a profound impact on employee productivity and morale? At Doity Engineering, we specialise in designing and installing mezzanine floors for
05/02/2025
Construction work is commencing on a new solar array at Weeton Barracks in Lancashire that will generate over one third of the site’s energy needs.
The work has been funded under the British Army’s Project Prometheus, a scheme that is increasing renewable energy across the army estate through inst
05/02/2025
The regeneration of Hartlepool's waterfront has reached a significant milestone with a £631,000 grant from The National Lottery Heritage Fund.
The funding will support the development phase of the 'Tides of Change' project, aimed at transforming the visitor experience at the Museum of Hartlepool a
