Construction has begun on a new phase of Panattoni Business Park Ostrov North, expanding the industrial zone by nearly 46,500 sqm of sustainable space. The new warehouse will be completed in March 2027, representing another step in revitalising one of the Czech Republic's largest brownfields. The project will pursue the highest level of international BREEAM New Construction certification, with Panattoni as developer and Accolade Group as investor.
The tenant of the new space is ZF Aftermarket Ostrov, which functions as a key logistics hub within ZF's global automotive network. From the Karlovy Vary region location, it consolidates independent distribution capacities in the spare parts market and supports ZF's European logistics network, responding to growing customer demands for shorter delivery times and greater supply chain transparency.
"Ostrov offers a strategic location for serving the rapidly growing Eastern European market with transport accessibility. The region has a strong industrial tradition, favourable local environment and sufficient qualified employees, enabling the creation of a highly competent operational team," says Klaus Heidrich, CEO of ZF Aftermarket Ostrov.
The new space is designed as an extension of Phase I, utilising proven technologies and sustainable approaches. The first phase building of 57,400 sqm was already built with emphasis on sustainability, including use of recycled materials, efficient waste management and optimised energy consumption. Heating, cooling and ventilation will be combined using heat pumps and direct heating without fossil fuel sources. The project also includes expanding the twenty charging stations for cars from the first phase.
"The repeated cooperation confirms tenant satisfaction not only with the location, but is also recognition of our approach and innovation within long-term European cooperation. This is already Panattoni's seventh project for ZF across Europe," says Pavel Sovička, CEO of Panattoni for Czech Republic and Slovakia.
Business Park Ostrov North stands on the site of the former Škoda Transportation complex, one of the Czech Republic's largest brownfields where a trolleybus factory once operated. During remediation and demolition in the first phase, 98.7% of original construction waste was recycled and 103,000 tonnes of recyclate was utilised, significantly reducing environmental impact and traffic burden on surrounding areas.
