First, install bower dependencies bower install and make sure you have the Polymer CLI installed. Then run polymer serve to serve your application locally.

$ polymer serve

$ polymer build

This will create a build/ folder with bundled/ and unbundled/ sub-folders containing a bundled (Vulcanized) and unbundled builds, both run through HTML, CSS, and JS optimizers.

You can serve the built versions by giving polymer serve a folder to serve from:

$ polymer serve build/bundled