Eric Schaefer, is Vice President of Sales and Strategic Partnerships at Fading West Development . He is responsible for all sales of Fading West product built in the factory as well as creating strategic relationships with non-profits, municipalities, and developers around Colorado to partner with and to create workforce housing developments. Originally from North Palm Beach, Eric spent many years in Los Angeles in ministry non-profit based leadership and donor relations. Eric relocated to Denver two years ago to open the Fading West front range office.
Fading West Development is an integrated manufacturer, developer, and installer of modular homes that is currently focused on developing subdivisions of modular homes in rural areas in Colorado. The company builds about 200 units (“boxes”) per year, designed to be affordable to middle-income homebuyers. Fading West improves affordability using at least three strategies: modular construction, economies of scale, and high-density density development. The company reports that their homes, to date installed in a subdivision with 10 homes per acre, are 25-50 percent less expensive than site-built homes. The mission-driven company further improves affordability by including both market-rate and below-market homes in its subdivisions. Below-market homes are available through partnerships with non-profits.
Fading West Development has one completed subdivision, in Buena Vista, Colorado, and has partnered with others around the state to increase construction capacity and expand supply in order to create thriving communities.