A major new logistics depot is to be built in Bristol valued at £280 million.
by Rory Butler / November 16, 2022
ISG will lead on delivering Panattoni Park Avonmouth, the largest-ever speculative logistics building constructed in the UK.
Inside the deal: The new facility comprises two main warehouses and is strategically positioned for local and national distribution, with three motorways and the Port of Bristol close by.
Both units will be built in one phase and have a target BREEAM rating of ‘Excellent’ and an EPC rating of ‘A’.
Head of Development at Panattoni, James Watson said the new distribution centre would provide “much-needed space for such a supply constrained market”.
- 1.3 million sq ft of logistics space
- Two units: 406,000 sq ft and 882,000 sq ft
- 8MVA of power combined
Avonmouth Docks, Royal Portbury Docks, Bristol Airport, Avonmouth Rail Freight Terminal and Bristol Parkway train station are all within easy commute.
When built, the larger of the two warehouses will be the UK’s largest-ever speculatively built warehouse.
“We closed the purchase of this site despite the current macro-economic challenges,” said Mr Watson.
“We are glad to be on-site with construction, providing much-needed space for such a supply constrained market.”
Completion of Panattoni Park Avonmouth is September 2023.
Image credit: Panattoni.
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