Panattoni Europe to reconstruct a production hall in an exclusive Pilsen location
One of the most lucrative industrial areas in Central Europe will offer an unexpected new opportunity for development. Yazaki, a car components manufacturer, will be leaving the hall in Borská pole in Pilsen by the end of the year and Panattoni Europe will then reconstruct it and offer it to new tenants. The 25,000 m2 hall stands out due to its position in a traditional, well-established location near the city centre, with excellent transport infrastructure links and high-quality engineering facilities. After reconstruction, it will be suitable for both high-tech manufacturing and fully automated logistics.
“It is important to realise that the full rise of Industry 3.0 – digitisation, automation and robotics – is happening only now in the Czech Republic thanks to wage increases. This also brings new demands on the technological modification of older buildings or the construction of completely new ones. We were among the first to decide to start the reconstruction of a hall that was already standing. Old industrial buildings are often unsuitable for renovation and new ones have not yet had time to grow old. This is a natural development, which however with the arrival of a new generation of industry brings new demands. Foreign investors and local start-ups closely monitor suitable locations on offer for their future high-tech operations. We would like to bring Industry 4.0 and production with high added value to the reconstructed hall,” said Pavel Sovička, Managing Director Panattoni Europe for the Czech Republic and Slovakia.
Karel Klečka, Panattoni Europe’s Capital Market Director, adds: “This product is in line with our strategy to revitalise brownfields in attractive locations and give new life to older buildings. Borská pole in Pilsen is one of the most attractive locations in Central Europe.”
Panattoni Pilsen Digital Park, a new generation industrial zone focusing on Industry 4.0, is also to be built in this area. Panattoni Europe, the industrial zone builder, wants to transform the former Škoda Plzeň site into a modern technology centre. The extensive brownfield covering an area of 28 hectares is currently empty but has excellent infrastructure and is well connected to the surrounding industrial operations. Panattoni Europe’s intention is in line with the current development strategy of the city of Pilsen and has already successfully passed the environmental impact assessment (EIA). The total investment is estimated to be more than 2 billion Czech crowns.