Colorado Association of REALTORS | Lakewood City Council Approves Residential Growth Restriction Plan
33031
post-template-default,single,single-post,postid-33031,single-format-standard,edgt-core-1.0,ajax_fade,page_not_loaded,,colorado association of realators-child-ver-1.0.0,hudson-ver-1.5, vertical_menu_with_scroll,smooth_scroll,blog_installed,wpbdp-with-button-styles,wpb-js-composer js-comp-ver-6.0.3,vc_responsive

Lakewood City Council Approves Residential Growth Restriction Plan

Jan 28 2020

Lakewood City Council Approves Residential Growth Restriction Plan

In July 2019, Lakewood voters passed Question 200, which restricts residential growth to one percent per year. That equates to about 700 new residences in 2020. Now, the Lakewood City Council has finally approved a plan on how the city will enact the voter-approved housing cap.

The plan passed by councilors on Jan. 28 takes into account the hundreds of residential permits that are already in the approval process and applies them to the allowances for 2020, 2021, and 2022. Lakewood will also issue about 413 new residential building permits to developers in 2020 and about the same amount for the next two years.

“This has been an evolved conversation that we as a council have been struggling with,” Lakewood city councilor David Skilling said. “And anybody who says we haven’t been struggling with this hasn’t been watching.”

Read the full article from Colorado Public Radio.

Share Post