The Del Rio land would have to be purchased from businessman Tony Zaia, the owner since 2016. He said in 2023 that he would like to build three stories of apartments above ground-floor shops.

BWE has obtained a $43.2m loan through the HUD 221(d)(4) mortgage insurance programme to finance Canyon del Rio Village, a new 170-unit apartment community in Flagstaff, Arizona, US. This funding ...