Flip it upside down and bolt it to the ceiling (into a beam or joist) and then rotate the arms around so the clamping handle is back on top.

There is a shop in Everett Washington that has their repair stands suspended from the ceiling.it is actually kind of a neat idea and you have relatively unencumbered access to both sides of the bike (with a double sided stand you might still be a bit encumbered).

-j