What does new airspace PDR mean for resi developers?

The new PDR, which applies to detached residential blocks built between 1 July 1948 and 5 March 2018, was announced by housing secretary Robert Jenrick in early March. At the time, The Guardian wrote that it was ‘expected to transform the skyline of residential areas’, but less than a month away from its introduction, legal experts and airspace developers have conflicting views on how effective the new legislation will be.

Katy Klingopulos, Senior Associate, in our commercial real estate team comments on this in an article for Property Week.

The full article is available, here.