Yesterday’s vote in Parliament in favour of the expansion of Heathrow Airport looks set to be an historic moment for our industry.

Though far from the final hurdle, the vote takes us a crucial step forward in unlocking the massive economic potential of Heathrow expansion for the whole of the UK. The programme will boost annual passenger capacity to 130 million, open new international routes, double the airport’s current cargo capabilities, and create tens of thousands of jobs nationwide.

The opportunities for the infrastructure, construction and wider built environment industries are plain to see. The expansion will be Britain’s largest privately funded construction project. It will be delivered alongside major linked investment in transport infrastructure including HS2, Crossrail, and improvements to the Piccadilly line and rail services. The expanded airport will create demand for a range of real estate development opportunities including hotels, commercial space, distribution and logistics, and much needed housing.

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