Cambridge just made a huge move in multifamily zoning! 🏘️
They eliminated single-family zoning and replaced complex rules with a single residential district (C-1).
Now, 4-story buildings are allowed by right, and 6-story buildings are possible with 20% affordable units. This aims to boost housing production, create more affordable options, and ease restrictions for homeowners.
It’s a bold step that could significantly impact Cambridge’s multifamily market and serve as a model for other cities.
#realestate #cambridge #housing #multifamily #zoningreform #boston #CRE #colliers #punchlist
Source: Inside Cambridge’s Multifamily Ordinance – Banker & Tradesman