• Densification leads to a transition phase in which commoning can be supported. • Commoning initiatives in cities are largely dependent on support from the state. • New commons can change the conditions of governance of densification. • New commons can advance socially-sustainable outcomes in urban transformation. Although densification is generally seen to contribute to more sustainable urban development, it is often linked to market-oriented and for-profit development, contributing to the enclosure of urban space. We analyse how densification can take a different path through processes of commoning. We particularly aim to understand how commoning initiatives can contribute to new institutional arrangements that counteract enclosure and commodification in densification. We furthermore aim to contribute to conceptual clarity in the debate on urban commons by emphasizing the different roles of so-called 'old' and 'new' commons in urban development. Our analytical framework builds on a new institutionalist approach which stresses the analysis of localized and temporary institutional arrangements negotiated among actors in a given situation. We rely on a detailed case-study of a densification project in the city of Bern (Switzerland), where publicly-owned land was redeveloped into cooperative housing and urban green space. Our findings show how densification leads to a transition phase in which institutional arrangements defining land uses and allocating access and use rights are renegotiated. These are crucial moments where processes of commoning can shape the outcome of densification, although not independently from the supportive action of the public actor. We underline the potential of new commons, even when typically transitional, unstable, and temporary. Contrary to old commons, their potential lies not so much in the ability for long-lasting resource management, but rather in the capacity to change the conditions of governance during the transition between land uses, advancing more socially-sustainable outcomes in a key moment of the urban redevelopment process. [ABSTRACT FROM AUTHOR]