A government creates landing and takeoff paths for airplanes over property adjacent to an airport, making the adjacent land unsuitable for its original use (say, raising chickens) and making compensation warranted. This is an example of what?

Regulatory taking

Explanation:

Regulatory taking is the way in which governments take over property from private owner by demolishing the property

which in turn create a space for the government own building thereby compensating them in order promote the public interest.

The government regulates the use of this private property thereby depriving the owners from the property which make the owner of the private property to seek just a compensation.