Developer secures $28M loan for construction of Bungalows
by inMaricopa
A $28 million loan will fund construction of the Bungalows on Bowlin, a community of 196 housing units at John Wayne Parkway and Bowlin Road.
Development of the 16.9-acre property by Cavan Companies of Phoenix will include a combination of detached homes and multifamily duplexes with 1-, 2- and 3-bedroom units. One of the few single-story rental communities in the market, it will occupy a little more than half of the empty acreage on the northwest corner of the intersection.
