Business Details
Innovative Multifamily Home Development
Prospect is a Denver-based residential development firm specializing in innovative multifamily communities. Our team has worked collaboratively for over 15 years, combining more than 50 years of industry expertise in developing, constructing, and operating diverse housing solutions. We focus on infill and transit-oriented developments that create sustainable, vibrant neighborhoods. Our principals have successfully delivered luxury rentals, for-sale townhomes, and affordable housing across the Western United States.With a proven track record managing over $1 billion in multifamily assets, we prioritize quality living environments for residents while delivering strong returns for partners. Our integrated approach spans project conception through completion, supported by seasoned professionals in development, construction, and financial management.
Services
Multifamily Development
Luxury Rentals
Affordable Housing
Transit-Oriented Projects
Infill Development
Townhome Communities
Highlights and features
- Our team has 15+ years of collaborative experience in multifamily development
- We've successfully delivered $1+ billion in multifamily assets nationwide
- Specialists in transit-oriented and infill development projects
- Proven expertise across luxury, affordable, and for-sale housing segments
- Integrated team with development, construction, and financial management capabilities
Services
Multifamily Development
Prospect develops diverse multifamily housing solutions including high-density urban apartments and suburban complexes. Our expertise spans project conception through completion, delivering market-rate and affordable units that meet evolving resident needs while optimizing investor returns through strategic location selection and modern design principles.
Transit-Oriented Projects
We specialize in creating walkable, mixed-use developments near public transportation hubs. These projects reduce car dependency while increasing property value through strategic integration with light rail stations and bus networks, as demonstrated in our Commerce City and Denver developments.
Infill Development
Our infill projects transform underutilized urban spaces into vibrant residential communities. By revitalizing existing neighborhoods like Denver's River North area, we maximize land use efficiency while preserving community character through thoughtful design integration with surrounding architecture and infrastructure.
Luxury Rentals
We create high-end rental communities featuring modern amenities and upscale finishes. Our luxury developments like Block 32 and Observatory Row offer residents premium living experiences in desirable locations while delivering strong returns through premium pricing strategies and low vacancy rates.
Affordable Housing
Prospect develops income-restricted housing that meets critical community needs while maintaining financial viability. Our affordable projects incorporate energy-efficient design and community amenities, balancing social responsibility with sustainable operations through strategic government partnerships and tax credit programs.
People
Scott McFadden
Principal
With 30+ years in commercial real estate, Scott has developed 35 multifamily assets totaling $1+ billion. He leads strategic direction and capital acquisition for all Prospect projects.
Jean Paul Aymon
Operations Manager
A licensed construction executive with 12+ years as project manager, JP oversees construction operations. He brings extensive experience from Trammel Crow Residential and Lennar Multifamily to Prospect's developments.
Robin Priester
Accounting Manager
As CPA with Masters in Accountancy, Robin manages financial operations including budgets, compliance, and sales. She coordinates financial strategy across Prospect's development portfolio with 15+ years of industry experience.
Questions
What types of multifamily projects does Prospect specialize in?
We develop luxury rentals, affordable housing, and for-sale townhome communities with a focus on transit-oriented and infill projects in urban areas.
Where does Prospect operate?
Our primary focus is Colorado with extensive experience across the Western United States, including Denver, Longmont, and Commerce City markets.
How experienced is Prospect's development team?
Our core team has 15+ years working together with 50+ years combined experience delivering $1+ billion in multifamily developments nationwide.
What makes Prospect's approach unique?
We combine transit-oriented design principles with strategic infill development to create sustainable communities that enhance urban neighborhoods.
Can Prospect handle complex mixed-use developments?
Yes, we have proven expertise managing mixed-use projects that integrate residential units with retail spaces and commercial components.
