Prospect New Town is a New Urbanist housing development located on the southern edge of the city of Longmont in Boulder County, Colorado in the United States. The first full-scale new urbanist new development in Colorado, it was developed starting in the mid-1990s by Kiki Wallace and designed by the firm of Duany Plater Zyberk & Company, who also designed the new urbanist communities of Seaside, Florida and Kentlands in Gaithersburg, Maryland. As of 2009, the project is in its sixth phase of development. It is intended to have a population of approximately 2,000 people in 585 units on 340 lots.
The development is being built on the site of an 80-acre (32 ha) tree farm formerly owned by Wallace's family. It sits along the west side of U.S. Highway 287 just south of Pike Road. The development incorporates a broad mix of traditional and modern designs, mixed to create an eclectic feel. Although planned by DPZ, the individual units are designed by a variety of architects, who are encouraged to experiment with styles. It includes a heterogeneous mix of businesses, detached homes, row houses, live/work lofts, and apartments. The original farmhouse and other structures have been integrated into the development, in part to retain continuity with the former use of the property. Some of the new structures resembles traditional housing styles from early in the 20th century, while others are very eclectic and ultramodern.
Keeping to new urbanist principles espoused by Andres Duany and Elizabeth Plater-Zyberk (the partners of DPZ) and others, the plan of the community forgoes traditional suburban features such as large front lawns, uniform featureless fronts dominated by large garage doors, and segregation of housing from businesses. Instead, the development is designed with small yards and higher density, to create a traditional neighborhood look and feel. It is also designed to be pedestrian friendly, not only in the amenities such as sidewalks, but in promoting the desirability of walking short distances within the complex. Houses and lots in the project are typically smaller than in U.S. suburban developments. The typical house in the project has an area 5,100 square feet (470 m²) of living space on a 7,000 square foot (650 m²) lot. Prices for houses in the project initially ranged from 150,000–500,000 USD, but have trended quickly upward because of the high demand and the overall growth of real estate prices in the area.