Changes are coming to Downtown Denver’s Prospect district behind Coors Field. For several years, Urban Neighborhoods, Inc. has been planning a 7-building development called Prospect Place, which would have featured about 430 condominium units and ground-floor retail space centered around a central piazza. To date, only one of those buildings, the Ajax Lofts with 49 units, has been completed. Citing skyrocketing construction costs and lackluster presales, the developer has scrapped the project.

But the news is not all bad. The land where the remaining six Prospect Place building would have gone is already under contract by Trammell Crow Residential, which plans to build an apartment building at that location with approximately 400-450 units. This news was first reported by the Denver Business Journal on Thursday (Apartment Project Coming Near Ajax Lofts) and followed by an article in the Denver Post today (Developer Cites Costs, Ends Work Near Coors).

For the time being, we’ll wait until more information is available on the Trammell Crow project before we remove references to the six remaining Prospect Place buildings from DenverInfill.com.