What is Airspace Development?

Airspace development in construction refers to the practice of utilising the space above existing buildings or structures for new construction projects. This often involves building upwards, creating new residential, commercial, or mixed-use developments in airspace above existing properties, typically in urban areas. The concept of airspace development is particularly relevant in areas with limited land for expansion, making use of vertical space instead.Airspace development has become more popular with urbanisation and the increasing need to maximise available space, particularly in crowded cities with high demand for residential and commercial properties.

Benefits of Airspace Development

Airspace development — the process of building above existing structures, typically adding new floors or even entirely new buildings — offers several benefits to owners of suitable buildings. Here's a breakdown of the key advantages:

1. Unlocking Hidden Value

Increased property value: Adding new units or floors increases the usable square footage, thereby boosting the property's overall market value.
Monetising unused space: Airspace (the space above a building) is often overlooked — developing it allows owners to capitalize on an underutilised asset.

2. New Revenue Streams

Rental income: Additional units can be leased, generating steady rental income.
Sales profits: Owners can sell the newly developed units or the airspace itself to a developer, creating a one-time capital gain.

3. Urban Demand and Planning Incentives

Meeting housing demand: Cities facing housing shortages may support airspace developments, making it easier to get planning permission.
Planning advantages: Some local governments offer relaxed planning regulations or incentives for airspace development, especially if affordable housing is included.

4. Building Refurbishment Opportunities

Modernisation funding: Income from airspace development can fund building renovations, upgrades, or maintenance that would otherwise be unaffordable.
Improved aesthetics and functionality: New development can include elevators, better insulation, or modern utilities that benefit all tenants/owners.

5. Potential for Partnerships

Joint ventures: Building owners can partner with developers who fund and manage the project in return for a share of profits — low risk, high reward.
Minimal disruption: With modern construction techniques (e.g., modular building), disruption to existing tenants can be minimised.

6. Tax and Financial Benefits

Depreciation and write-offs: New construction can offer tax depreciation benefits.
Improved loan terms: A higher property value may result in better financing options or refinancing opportunities.

Bringing Your Airspace Potential to Life

We believe that seeing is believing — we help you visualise the transformation of your rooftop into valuable new living space.

Our visuals highlight the development's design and potential and demonstrate how seamlessly it can integrate with the existing building and surrounding environment. Whether you're a property owner, investor, or resident, our goal is to make the vision tangible, so you can confidently understand the benefits and possibilities of building upwards.

What we are looking for?

We are actively seeking 3-storey apartment blocks with flat roofs that are suitable for airspace development. Ideally, the building should have a minimum roof area of 100 square metres, providing sufficient space for the addition of new residential units.

Our focus is on well-located properties where adding extra floors can unlock significant value for freeholders and leaseholders alike. If you own or manage a qualifying building, we’d love to explore how airspace development could benefit you — whether through increased income, enhanced property value, or funding for much-needed building improvements.

What can we offer?

We provide a comprehensive, no-obligation service to help property owners explore the potential of airspace development. Here's what we offer:

Free Property Assessment
We’ll carry out a detailed survey to determine if your building is suitable for airspace development at no cost to you. This includes advanced tools such as drone surveys to assess roof condition, accessibility, and structural potential where needed.

Specialist Airspace Expertise
Our experienced team will guide you through every aspect of the process, sharing valuable insights on planning, design, construction methods, and the financial benefits of developing your rooftop space.

Dedicated Legal Support
Navigating the legal side of airspace development can be complex — our legal team will provide clear, professional advice and handle all necessary documentation, ensuring a smooth and secure process from start to finish.