June 12, 2025
Santa Monica is no longer the entitlement dead zone it once was. Backed by aggressive state housing mandates, the city has rezoned key corridors, opened up density, and created real paths to multifamily scale. This report breaks down where the growth is going, how zoning has shifted, and what it means for developers, builders, and investors looking to get ahead of the next wave of housing in one of California’s most supply-constrained coastal markets.