Panattoni Begins Speculative Development of Large Logistics Unit at Coventry Site

Panattoni has started construction of a speculative logistics facility at Panattoni Park Coventry, located at Junction 3 of the M6 in Coventry.

The scheme will deliver approximately 538,000 sq ft of space and is scheduled for completion in the first quarter of 2027. It is one of several large-scale logistics developments currently underway in the Midlands, a region that continues to see limited availability of units above 500,000 sq ft.

The site forms part of the UK’s central logistics corridor, often referred to as the “Golden Triangle”, and offers direct motorway access. It is positioned to support national distribution networks, with connections to the M1 and wider road infrastructure.

The development is being delivered without a pre-let, reflecting ongoing supply constraints in the market for large, Grade A logistics space. Developers have increasingly used speculative construction to provide ready-to-occupy buildings and reduce lead times for occupiers.

The facility has been designed to accommodate a range of operational requirements, including high-bay warehousing and automated systems. Specifications include a 15-metre clear internal height, a yard depth of 55 metres, and power capacity of 5.3 MVA. The building is also expected to support significant storage volumes.

Sustainability and digital infrastructure form part of the project design. The building is targeting BREEAM ‘Outstanding’ and EPC ‘A+’ certifications, as well as net zero carbon in construction. It is also aiming for WiredScore ‘Platinum’ certification, which relates to digital connectivity standards.

Patrick Clews, Development Manager at Panattoni, said: “There remains a clear shortage of high-quality speculative space of this scale in the Golden Triangle, particularly in locations offering immediate motorway access. Panattoni Park Coventry addresses that gap, delivering a building directly on the M6.

This is a prime logistics location with an established occupier base, and we are seeing sustained demand for large, well-located units that can be delivered quickly. By developing speculatively, we are able to provide occupiers with immediate, future-ready capacity in one of the UK’s most important distribution corridors.”

The scheme is being marketed by Newmark and APEX.