Markel Homes set to start building in Prospect New Town
Markel Homes set to start building in Prospect New Town

Markel Home will open a sales office in Longmont's Prospect New Town development on February 28 and start construction on townhomes, ranch and two-story homes next month. 

Michael Markel, president of the Boulder-based homebuilder, is excited about being part of the award-winning New Urbanist community. "We've received a lot of interest in the project and homebuyers are excited about our new designs and floor plans," he said. "Becoming a part of this unique neighborhood is a real opportunity for us."

Unique is the zoning approval Markel received for the project. Nine of the 18 lots are being developed for single family homes, most of which have the option for a separate carriage house that can be rented as an apartment or used as a guest house. Each home and carriage house will have its own parking. And select townhome designs include a finish option above the garage for use as a studio, office or additional bedroom and bath. 

Single family home prices begin in the mid-$700s, while townhomes start from the low $500s.

Markel Homes has agreed to purchase the remaining residential lots for future development at the award-winning Prospect New Town. With build out projected within three years, Markel will offer more single family homes, as well as townhomes, condo lofts and apartments designed with indoor and outdoor common areas, elevators and covered parking.

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