Room for 500 jobs in massive new warehouse
ONE of Europe’s biggest industrial developers is starting work on a 515,000 sq ft unit on the Derby Commercial Park.
Panattoni is speculatively developing the Derby 515 warehouse which could be finished at the end of the year, and create space for up to 500 jobs.
At almost 515,000 sq ft, it will be one of the biggest single-unit speculative developments under construction in the country – ahead of the Panattoni Wakefield development which is almost 513,000 sq ft.
The warehouse park, in Raynesway, two miles east of the city, is already home to Panattoni’s speculatively built Derby 370 unit, which was recently let to medical, pharmaceutical, health & beauty and veterinary logistics business Alloga UK on a 15-year lease term.
The building will have 15m clear internal height, 56 dock doors and 8 level access doors, as well as parking for 185 trailers. It will be built to BREEAM ‘Very Good’ and EPC ‘A’ ratings.
Panattoni has also announced a new design to its portfolio which allows the buildings to be split to accommodate two operations.
Derby 515 has been designed with a flexible envelope to accommodate a cross-split option, allowing the building to be sub-divided down its length for two occupiers. That would create two self-contained units of 226,497 sq ft and 287,416 sq ft. Each would have 28 dock doors, 4 level access doors, a secure self-contained yard, a car park and its own gatehouse.
Andy Preston, development manager for Panattoni Derby 515, said: “The new warehouse will be built to our normal high specifications offering flexibility and energy cost savings to occupiers.
“This will be one of the largest single-unit spec builds in the country and will benefit from being in one of the UK’s centres for advanced manufacturing and logistics.”
He said Kuehne + Nagel’s decision to locate a 632,000 sq ft logistics unit for Drinkflow Logistics for Heineken and the 250,000 sq ft XPO logistics unit for Ted Baker at this location underpinned the area’s importance as one of the Midlands’ leading logistics locations.
Other big-name occupiers in the area include Rolls-Royce and Bombardier, and many of their key suppliers.
Derby Commercial Park is 11 miles from East Midlands Airport, the UK’s second largest cargo airport, and within easy HGV reach of East Midlands Maritime, DIRFT and Hams Hall rail freight terminals and ports from Liverpool in the North West, Felixstowe on the East coast, London Gateway and Southampton.
Occupiers will have access to a large workforce experienced in logistics and transport services, with almost 140,000 people living within a 15-minute drive of the site.
The letting agents are Avison Young, CBRE and Burbage Realty.