Panattoni plans €65m urban business park in Basel (CH)

Panattoni plans €65m urban business park in Basel Trinational Eurodistrict (CH)

Panattoni is planning a €65m “City Dock” urban business park development in the Basel Trinational Eurodistrict at the junction of three countries, France, Germany and Switzerland.

 

The development, which will be called Triborder City Dock, is located in Huningue just 3km from Basel city centre on the site of a former pigment and dye manufacturing plant. The 9ha site, which has already been cleaned up and demolished, benefits from proximity to Basel's river port and the airport that handles most of Switzerland's freight traffic as well as easy access to the A35 motorway.

 

Triborder City Dock will comprise four buildings, totalling 40,000m2, ranging in size from 5,000m2 to 20,000m2 designed for a variety of occupiers. Construction is expected to start in 2025, with completion in 2026. The “City Dock” concept consists of modern and flexible business parks for companies of all sizes with compact multi-activity spaces, designed to serve the local urban community in dense metropolitan areas.

 

The units will benefit from enhanced ESG credentials, including photovoltaic roof panels and high energy performance, and will be built to a BREEAM sustainability rating of ‘Excellent’ and will target a BiodiverCity® certification.

 

Salvi Cals, Managing Director of Panattoni France, said: “This project will demonstrate our expertise and commitment to the redevelopment of industrial sites, our strong commitment to sustainable development as well as our desire to contribute to the economic and social vitality of the region. We are responding to the scarcity of new buildings in an area of strong occupier demand for well-located, high-quality assets with enhanced sustainability credentials. The site stands out for its exceptional strategic position on the borders of France, Germany and Switzerland."

 

Image provided by TAVISTOCK.

 

Europe Real Estate — an overview of real estate developments in European countries.

 

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