Under law, airspace is the right of a private landowner to the space above his land and any structures on it. Airspace development then is the building of new residential homes in the ‘air-rights’ on the roof of a building that is already there. It’s not a new concept and has been around for a while, but thanks to the changing policies and attitudes of the government, it can now be a more widely-used solution. Planners, developers and lenders can now lead airspace development projects and as such, they are thought to be one of the most sustainable ways for developers to create new residential spaces in the next few years.
In busy and dense cities such as London, these are going to be extremely helpful. We already know that there is a housing crisis going on at the moment, so being able to use this space for new property is going to be useful.
Due to the fact that the extra residential areas are being built in places where structures already are, it becomes a far more sustainable way to build new homes than trying to find more land. It will also ensure that existing buildings are preserved and enhanced, rather than falling into a state where they are in disrepair.
BRAC Developments specialise in turning that boring rooftop into a luxury space. Helping London to create new homes on existing rooftops is at the very core of what we do. We believe that everyone should have a place to live, and this is the very best solution for places like London that have a distinct lack of room for new houses.
We understand the environmental impacts that building new homes has, and a lot of this is eliminated when you realise that the airspace is not in use. Making use of this space is in the interests of everyone, which is why this is such an exciting new development! Focusing on affordable penthouse living, and luxury residential spaces, BRAC Developments are one of the leading companies in this industry.
We hope that you have found this article helpful, and now see some of the things that you need to know about airspace, what it means and how BRAC Developments can help. In places such as London, the housing situation is only getting worse, but with this fantastic solution, a new opportunity has been presented, and we think it’s important to take it.
Get in touch today to discuss your project. Why not call us on 01268 573933 or send a message to firstname.lastname@example.org. Further information about our full service range can be found on our website.