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.
[2][non-primary source needed] The streets are oriented to maximize the view of the mountains, and a traditional town center that would be no more than five minutes on foot from any place in the neighborhood.
It would include not only houses but also stores and offices that themselves would have living spaces upstairs, in the manner of many older traditional two-story commercial properties.
Due to the bright colors and eclectic architecture of the buildings, many area residents refer to Prospect as "Toon Town".
Wallace, who reportedly disliked suburbia, had previously bought the tree farm from his family and had wondered how to develop it in a tasteful way when he read an article in the Wall Street Journal about Duany and the New Urbanist movement.
The partners also hired the Rocky Mountain Institute, based in Snowmass, Colorado, as consultants for the use of ecologically-friendly building materials and planning.
Some of the units will have apartments above garages, a traditional feature that will allow renters to live in the neighborhood and will allow homeowners to reduce mortgage payments.
The nearby city of Broomfield likewise contacted California planner Peter Calthorpe, who espouses many New Urbanist ideas, to begin designing a master plan for their community.