Panattoni to invest over £200m in two new logistics sites in Northamptonshire and Worksop

The site in Northamptonshire covers 80 acres and has recently received hybrid planning consent at appeal.

The development, which is close to Northampton, will deliver approximately one million sq ft across three units of 223,269 sq ft, 361,724 sq ft, and 412,073 sq ft.

Construction on the site, which is five miles west of Junction 15A of the M1 at the A43/A5 interchange, is expected to commence in H1 2026, with completion expected in H2 2028, subject to planning. The scheme has an estimated total investment cost of £152.9m.

The second site, in Worksop, Nottinghamshire (pictured), is located just 1.25 miles from the A1 and 10 miles from Junction 31 of the M1. It spans a 27-acre site and has an outline planning consent for the development of a 462,000 sq ft unit, which is currently available for lease.

The fully serviced site will have an estimated total investment cost of £50.7m. 

Construction is scheduled to begin in H1 2026, with completion targeted for H1 2027.

Both sites will be delivered to BREEAM Excellent, EPC A ratings and net zero carbon in construction.

The developments will incorporate a range of ESG features, including PV solar systems, EV charging, rainwater harvesting and energy-efficient lighting.

Andrew Preston, Panattoni head of development for North Midlands and Yorkshire, commented: “This new site in Worksop is a rare opportunity to deliver a large-scale, best-in-class logistics unit in an area of proven occupier demand.

“The site’s strategic location and existing infrastructure make it ideal for fast-track delivery, and we’re excited to bring forward a highly sustainable development that responds to both market needs and our ESG commitments.”

Gregg Titley, Panattoni head of development for East & West Midlands, added: “It’s great to expand our footprint again in Northampton, and it reinforces our long-term strategy of growing in key logistics corridors with chronic supply constraints.

“This is a truly prime site with exceptional transport links, and we are proud to be delivering a landmark scheme that will serve as a gateway logistics hub for the Midlands and beyond.”