Summary:
The City of Denver switched to a new zoning code in June 2010. Most areas were upzoned, but some were downzoned. Overall, the policy encouraged housing construction in Denver.
- Compared to the entire state or the nation, Denver experienced a massive building boom after 2010. Before then, Denver had always been a bit of a laggard in construction activity.
- We find the same trends for only larger Colorado cities (shown in the appendix).
- Most of the new units built were townhomes and multifamily units.