Starting shot fired for Panattoni Park Frankfurt South
- 37,600m² site to be developed
- Completion of 18,500m² logistics space scheduled for Q3 2020
- Premises will form part of businessPARK Wörrstadt near Frankfurt am Main
Panattoni Europe, the leading project developer for industrial and logistics premises in Europe, is to construct its Frankfurt South Logistics Park. According to current plans, the total rentable area of around 20,500m² will include approximately 18,500m² of logistics space, around 770m² of office and social spaces, and 40 vehicle parking spaces.
The multi-functional building layout, which facilitates third-party use, features an internal height of 10m (to underside of roof truss) and corresponds to the latest energy and sustainability standards. The resource-efficient and sustainable construction method aspires to achieve the DGNB (German Sustainable Building Council) Gold standard. The ground-breaking ceremony for businessPARK Wörrstadt was held on 17 June 2019.
The site is directly adjacent to the A63 autobahn and the B420 highway, and is just 40 minutes from Frankfurt Airport, the largest cargo airport in Germany. “Acting as a global gateway, the Rhine-Main logistics region is crucial for freight flows throughout Europe. Meanwhile, as demand has grown, property has become scarce in recent years,” explained Fred-Markus Bohne, Managing Partner of Panattoni Europe. “We’re delighted to be able to realise our Frankfurt South Logistics Park in this location, with its outstanding road, rail and air connections.”
The Logistics Park will be developed as part of businessPARK Wörrstadt, a 120,000m² industrial estate that aims to respond to the pressing need for commercial premises in the Rhine-Hesse region. Responsible for the commercial premise businessPark Wörrstadt is the the 24-Autobahn-Raststätten-GmbH. Alexander Ruscheinsky, the CEO of the lorry facilities 24-Gruppe states: “ We are going to establish an infrastructural traffic hot spot with our 15th Autohof, which is a huge electro station park and offers space for 70 lorry parking lots.”
According to the Mayor of Wörrstadt, Ingo Kleinfelder, particular effort is being made to encourage medium-sized enterprises to settle on the site and create new jobs. The first development phase of the businessPARK alone will create 200 jobs, half of the total of 400 new jobs envisaged by the Wörrstadt municipal authorities.
“By constructing businessPARK Wörrstadt, the local authorities have set a new milestone for the local economy. It is a tremendous boost for the region,” confirmed Fred-Markus Bohne. “We’re thrilled that our Logistics Park means we can be part of this project.”
Panattoni Europe will commence work to erect the logistics premises in late 2019. It is scheduled for completion in the third quarter of 2020.