Panattoni, the world’s largest privately owned industrial developer, is pleased to announce that it has secured full reserved matters planning consent at Panattoni Park Coventry, paving the way for construction to commence this quarter on a landmark 540,000 sq ft logistics development. The first unit at the park, which will be speculatively developed, will be ready for tenant occupation in Q3 2026.
Strategically located at Junction 3 of the M6, within the UK’s ‘Golden Triangle’, Panattoni Park Coventry will offer best-in-class space in one of the country’s most supply-constrained regions. The 55-acre site provides direct access to the national motorway network and lies within a four-hour drive of 90% of the UK population.
Once delivered, it will become one of the Midlands’ largest speculative logistics units, targeting BREEAM “Outstanding” and EPC A+ credentials, meeting the rising demand from occupiers seeking future-proofed facilities in prime locations. Panattoni Park Coventry will also be Panattoni’s first project to achieve a WiredScore accreditation. WiredScore is the global digital connectivity certification that assesses and promotes best-in-class technology infrastructure in real estate. At the park, we are targeting WiredScore Platinum – the highest level of certification – reflecting our commitment to delivering exceptional digital infrastructure and ensuring occupiers benefit from robust, reliable, and future-ready connectivity to support modern business needs and the evolution of AI and technology. The facility will also feature significant sustainability enhancements, including 100 EV charging points, solar PVs, water leak detection systems, and high-efficiency insulation.
The start of construction also marks an exciting period of growth for Panattoni in the Midlands, lead by Gregg Titley. To support the business’s momentum and future growth plans for the region, Panattoni has strengthened its regional team with the appointment of Patrick Clews as Development Manager. Patrick joins the expanding Midlands team at a pivotal time, bringing additional resource and expertise as we continue to deliver high-quality logistics space across the region.
Patrick Clews, Development Manager for East & West Midlands, said: “Having witnessed the Midlands market dominate occupier take-up in 2024, it is extremely exciting to announce that construction will be commencing imminently on our latest speculative development in Coventry. At over half a million square feet, it will be one of the largest speculative units currently under development in a market where we’re seeing increasing pressure from tenants who are scaling quickly into new energy-efficient facilities.
I’m excited to be joining Panattoni at such a pivotal time and to help drive the delivery of this flagship scheme.”
Panattoni is being advised on the scheme by Cushman & Wakefield and Newmark.