Panattoni is set to enhance its strategic presence in Kent by submitting a planning application for a new unit at G Park Sittingbourne, marking a significant expansion.
- The development involves a new 128,000 sq ft unit following the acquisition of 10 additional acres.
- Construction for the second phase is projected to start in late 2024, with completion expected by mid-2025.
- Enhanced sustainability measures are a focal point, including photovoltaic panels and EV charging points.
- Panattoni’s strategy capitalizes on the location’s connectivity and market potential amid demand-supply imbalances.
Panattoni’s recent land acquisition at G Park Sittingbourne, an additional 10 acres, sets the stage for a significant expansion with a 128,000 sq ft unit. This move highlights the developer’s commitment to enhancing its logistics capabilities in Kent, aligning with growing market demands.
Expected to commence in the fourth quarter of 2024, the construction of this unit will be the second phase in Panattoni’s development plans for the park. This phase is anticipated to reach completion by the third quarter of 2025, further cementing Panattoni’s role in the regional logistics infrastructure.
Sustainability remains a central theme in Panattoni’s development approach. The new units will feature roof-mounted photovoltaic panels and electric vehicle charging facilities, reflecting a commitment to environmental responsibility and operational efficiency.
Strategically located, the logistics park offers superior connectivity with major transport routes, including proximity to the port of Dover and significant motorways like the M2, M20, and M25. This positions the park as a pivotal hub for both national and international logistics operations.
Commenting on the development, Tony Watkins, the head of development for the South East and London at Panattoni, emphasized the strategic selection of undersupplied markets for expansion. Watkins pointed out that the acute supply-demand imbalance in Kent presents a valuable opportunity for growth and investment.
The expansion at G Park Sittingbourne epitomizes Panattoni’s strategic foresight in addressing logistical needs through sustainable and well-connected developments.
