This article originally ran in the St. Louis Business Journal on October 1, 2021.
Construction is underway on nearly 800,000 square feet of speculative industrial warehouses in the last available lots at a logistics center in St. Charles County.
Panattoni Development is building two new warehouses after purchasing the last two available lots at the Premier 370 Business Park in St. Peters from Duke Realty in June. The company paid an undisclosed price for 6001 and 7001 Premier Parkway. A warehouse measuring 423,000 square feet will be built at 6001 Premier, and a warehouse with 366,600 square feet will be built at 7001 Premier.
Construction is expected to be complete in the second quarter of 2022.
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