About Prudent Development

Founded on engineering expertise and built on operational discipline, Prudent Development partners with retail and restaurant brands to plan, entitle, and deliver new locations nationwide. 

Our approach combines deep market insight, financial control, and construction oversight to keep every project on schedule and on brand.

OUR LEADERSHIP TEAM

Jassem Setayesh

President/CEO

A civil engineer by training and a developer by instinct, Jassem leads Prudent Development with a hands-on approach that reflects decades of family expertise in national real-estate projects. His focus: efficient execution, transparent communication, and long-term brand partnerships

Kathleen Ganzberg, CPA
CFO/Comptroller

With more than 24 years in corporate finance, Kathleen ensures every project meets Prudent’s high standards for fiscal discipline and accountability. Her leadership keeps budgets tight, timelines sharp, and growth sustainable

Michael Hampton, AICP
Vice President

Michael brings more than 20 years of planning and retail-development experience. His background in municipal zoning, site selection, and entitlement strategy drives Prudent’s efficiency from permitting to opening day.

Our Legacy

In Memory of Mostafa Setayesh (1955–2022)

In September 2006, Mostafa Setayesh founded Prudent Development with a creative vision to redefine the engineering industry, for a more hands-on approach and an unwavering dedication to customer service. After several years of commercial development experience, Mostafa recognized the need for a company that prioritized client relationships and delivered exceptional results. This philosophy became the cornerstone of Prudent Development and continues to guide our work today.

As “CEO”, “President” and “Founder”, Mostafa led the company with integrity, passion, and a personal touch that resonated with every client. He was deeply involved in day-to-day operations, ensuring that every project met his high standards of excellence and that each client felt heard and valued.

Mostafa was a proud alumnus of Southern Methodist University, where he earned a Bachelor of Science degree in Civil Engineering. A registered Professional Engineer in the State of Texas, his expertise and leadership established Prudent Development as a trusted name in the industry.

Although Mostafa is no longer with us, his legacy lives on through his son, Jassem, who now leads Prudent Development with the same commitment to excellence and customer service. Mostafa’s vision, values, and passion remain at the heart of everything we do.