HARNESS YOUR AIRSPACE POTENTIAL.

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AIRSPACE POTENTIAL

Your rooftop contains overwhelming potential. Utilise your airspace by building upwards and creating sustainable, affordable, luxury new homes.

AIRSPACE POTENTIAL

Your rooftop contains overwhelming potential. Utilise your airspace by building upwards and creating sustainable, affordable, luxury new homes.

WHAT IS AIRSPACE?

AIRSPACE AND
AIRSPACE DEVELOPMENT

Airspace is the vertical area on top of buildings. Whilst it is included in the ownership of a building, it is often left unused and under-utilised. Many property owners and developers tend to neglect this area and, as a result, countless potential new homes have gone undeveloped.

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What is Airspace Development and why has it become so popular

Airspace development is a pioneering solution to address the UK’s housing shortage (in fact, London faces a chronic housing crisis!) that utilises the overabundance of existing roof tops in place of scarce free land.

After a long awaited consultation period, the UK Government have at long last introduced new Permitted Development Rights (PDR) to more easily enable property owners and developers to develop their airspaces increase the UK’s housing output in a more sustainable manner.

The new airspace permitted development rights are an exciting new prospect however, as with anything, there still remain some tricky conditions and stipulations that must be met before an airspace is developed. This includes factors such as geographical concerns, pre-existing height, effect on traffic, internal height restrictions and many others.

Above all else, Airspace development remains a highly complex development that requires experience and skill. Special consideration needs to be paid to the logistics of any rooftop development: from specialist structural surveys to preparations of the existing roof to road closures and crane operators.

WHAT ARE THE BENEFITS?

Airspace Development over regular ground-up DEVELOPMENT

Development of airspace comes with a multitude of benefits to multiple stakeholders. Including but not limited to

Release of cash otherwise locked up in unused roof tops through sale of airspace

Additional income from sale of new homes

Removal of roof top liability in maintenance expenditure

New ground rent income

Preservation of local landscapes by building on top of local roofs rather than on local land

Significant increase in new homes

Increased housing density with minimal visual impact

Less demolition and less waste

Increased custom and support for local businesses

Preservation of existing buildings and strengthening of local communities

Older buildings that may otherwise be demolished, are given a new lease of life with a refreshed feel that more readily suits the local community’s true characters

Decrease in Service Charge due to the removal of the roof liability and associated costs

Renovated communal facilities

Quick installation providing minimal disruption

Increase in capital values to existing apartments

Reduction in energy costs via installation of sustainable energy infrastructure

LiveAbove IS here.

To provide the expertise you need to develop your airspace potential as smoothly as possible, as efficiently as possible.

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