How Have Recent Rezonings Affected the City’s Ability to Grow?
How Have Recent Rezonings Affected the City’s Ability to Grow? is the first comprehensive statistical analysis of the City’s rezoning strategy. The report examines the net impact of the 76 rezonings initiated by the City between 2003 and 2007. It finds that, of the 188,000 rezoned lots citywide, 86% were rezoned to reduce or limit new development through either a downzoning or a contextual-only rezoning. Nevertheless, the 14% of lots that were upzoned resulted in a net gain of 100 million square feet of new capacity citywide. The report explores the likelihood that this new capacity will be developed for residential use, and examines the characteristics of neighborhoods that gained new capacity and of those that lost capacity.