Prosper was a small rural town on Preston Road about 6 miles north of Frisco, but in recent years – true to its name – it has prospered. Prosper has maintained a spacious country feel while developing into an upscale suburb, with rolling terrain, many trees and large single-family-home lots. Prosper is growing rapidly in terms of new home building (single-family houses in the $300,000 to $4,000,000 + range). In addition to a longtime retail filling station, in 2004 Prosper saw its second and third retail establishments arrive: a Sonic restaurant, and an Exxon "On the Run" station. Since 2004, Prosper has added a Palios, CVS, Ernestos, Subway and many other establishments. In 2014, expansion was announced for The Prosper Town Center.The Gates of Prosper is a luxury $500-million-dollar upscale retail development set to start construction in 2014.D Magazine 2010 Best Suburbs List as the 5th Best Suburb in the Dallas Metropolitan Area.