Work is set to start on the second phase of Panattoni’s 1.6 million sq ft industrial park in Northampton with three new units created.
Winvic Construction Ltd have begun construction on the three new spec units which will be developed over two phases, the first being units 250,000 sq ft and 430,000 sq ft with steels already underway. The final unit, at 380,000 sq ft, will commence later in 2021.
Oliver Bertram, Development Director at Panattoni, said: “We’re delighted to be continuing the development of 1 million sq ft in Northampton, after only recently completing the three units for Eddie Stobart. This shows that Panattoni has the confidence to deliver speculatively, knowing that the market needs more space.
“This park gives businesses an ideal base to serve key markets across the UK, with direct access to the country’s major motorways. Market interest remains high in this area and we are committed to providing the right spaces for businesses to expand their operations. The new units at Panattoni Park Northampton will do just that.”
Each unit will benefit from a prominent location based on junction 16 of the M1 motorway and once fully occupied, the development could support over 1000 jobs.
Local services have been improved on site as part of the development, with the Red Lion Truck Stop parking area being expanded to accommodate more vehicles, as well as an HGV filling station being added to the existing set of pumps. The section 278 road that leads to the truck stop and main development has also been improved to give better access to the motorway.