Market Insight

Gatwick Runway Approval: A transformative moment for the Gatwick Diamond

The recent government approval for London Gatwick Airport’s Northern Runway marks a watershed moment for the region - one that will reshape the Gatwick Diamond’s economy, property market and long-term growth prospects.
October 1, 2025
Gatwick, Airport, England
The recent government approval for London Gatwick Airport’s Northern Runway marks a watershed moment for the region – one that will reshape the Gatwick Diamond’s economy, property market and long-term growth prospects.

Vail Williams, a leading property consultancy with a strong presence in the Gatwick Diamond for more than 30 years, has welcomed the decision.

According to the firm’s Gatwick Regional Managing Partner, Suzanne Holloway, the decision will seek to unlock opportunities for businesses, investors, and communities across the region, while underlining the importance of balanced, sustainable growth.

What the runway approval means for the region: 

Capacity, connectivity and economic uplift

The expansion will bring significant additional capacity, enabling up to 100,000 more flights annually in the coming years. This is expected to generate 14,000 new jobs and inject £1 billion of additional economic activity into the South East each year.

For the Gatwick Diamond, this represents a powerful catalyst: enhanced access to global markets, stronger supply chains, and a renewed signal to investors that the region is primed for long-term growth.

“This is more than just an airport expansion – it is a once-in-a-generation opportunity to drive prosperity, attract investment and create sustainable communities. At Vail Williams, we are committed to ensuring that growth is delivered responsibly and with lasting benefit for the region,” commented Suzanne Holloway.

A boost for occupiers and developers

“Demand for high-quality industrial, logistics, R&D and office space has already outstripped supply in recent years. The runway decision will accelerate speculative development, support higher land values in strategically connected locations, and prompt forward-looking infrastructure planning around Crawley, Manor Royal, Horley, and the airport environs.”

Suzanne Holloway, Regional Managing Partner, Gatwick.
Headshot photo of Suzanne Holloway

Infrastructure, housing and shared responsibilities

However, growth on this scale comes with challenges, as Suzanne points out:

“The Gatwick Diamond region will need improved transport connections, utility upgrades and digital infrastructure to match rising demand. Housing will also be critical, with studies indicating that thousands of additional homes will be required to accommodate the workforce growth.”

There will be pressures on local services, schools, and healthcare provision, making cross-boundary collaboration between local authorities essential, especially as we approach local government devolution.

Environmental and community considerations

We also acknowledge the importance of balancing growth with responsibility. Concerns around noise, emissions, and climate commitments will need to be addressed through robust mitigation, investment in sustainable aviation practices, and transparent engagement with local communities.

Overall, the runway approval validates the long-term strength of the Gatwick Diamond as a property and investment location.

“It enhances confidence for clients – whether occupiers, investors, or developers – by providing clarity around demand forecasts, valuations, planning risk and scheme viability,” adds Suzanne.

A new chapter for the Gatwick Diamond

The decision to expand Gatwick is a decisive moment for the Gatwick Diamond’s economic future, reinforcing the region’s role as a powerhouse of connectivity and growth in the South East.

At Vail Williams, we continue to remain on hand to guide stakeholders through this next phase of growth, ensuring that development opportunities are delivered in a way that benefits businesses and communities alike.

Indeed, our teams are already supporting clients with pre-let opportunities, strategic land acquisitions, and infrastructure-linked schemes that will gain further momentum as the runway project progresses.

The firm will continue to monitor the Judicial Review process closely and will look for opportunities to engage in order to push for greater clarity on national airport safeguarding policy, particularly in relation to spatial planning matters arising from the development consent order (DCO) decision.