Airspace Development in the UK - Tay Developments & Investments
Welcome to Tay Developments & Investments' dedicated page on Airspace Development, a groundbreaking approach to urban property expansion in the UK. Our expertise lies in leveraging the untapped potential of airspace above existing buildings, providing innovative solutions to the housing shortage while maximising property value.
Our Role in Airspace Development
At Tay Developments & Investments, we specialise in collaborating with building owners to explore and realise the potential of building above existing residential structures. Our process includes:
We first ensure that the building was constructed between 1 July 1948 and 5 March 2018 and is at least three stories high above ground level.
We review the leases of all existing flats to confirm that new units can be built above the current roof.
A crucial step is to ascertain if the building can structurally support the new development.
We ensure that the new flats have proper means of access and escape that meet all current regulations.
Our team checks if the proposed scheme will comply with all permitted development guidelines and also regulations regarding minimum room sizes and natural light.
We consider the resale values of the potential flats to ensure that the overall scheme is financially viable
If we are happy that the development is feasible we will then engage with the property owners and discuss the terms and conditions of a possible purchase of the airspace opportunity.
Case Study: Revitalising a 1970s building through Innovative Airspace Development
In one of our hallmark projects, we encountered a 1970s building that presented both a challenge and an opportunity. This aging structure, though rich in potential, required significant modernisation to meet contemporary living standards. Recognising its untapped value, we embarked on an ambitious journey.
Our first step was acquiring the airspace rights of the building, a strategic move that allowed us to add new dimensions to the property. With these rights secured, we meticulously planned and constructed several new, modern flats atop the existing structure. These additions were not only designed to complement the original architecture but also to infuse a sense of contemporary elegance and functionality.
Partner With Us
If you are a building owner interested in exploring the potential of your property's airspace, Tay Developments & Investments is here to guide you through the journey. Here are just some of the benefits of airspace development.
Contact Us- Efficient Use of Space
Efficient Use of Space
This innovative approach maximises the use of existing urban spaces, providing additional housing without the need for new land.
Value AdditionValue Addition
Airspace development can significantly increase the value of a property, benefiting owners and investors alike.
- Sustainable Urban Growth
Sustainable Urban Growth
It promotes sustainable urban development by utilising existing infrastructure, reducing the need for sprawl.