La Placita Village

March 30, 2017

Most of La Placita will be torn down in May to make way for a new studio apartments and ground floor retail. (Photo/AZ Daily Star)

Proposed:

HSL Properties was approved for a GPLET in March and will spend an estimated $38.5 million for demolition of the existing structure and construction of a new one. Demolition of the 1973 property is scheduled to begin by the end of May, and a 6-story building with 240 apartments and ground-floor retail will be constructed in its place. Several buildings on the property that are listed on State and National Registers of Historic Places will be saved including the Samaniego House, the Flin Building, and the Stables, which all date from the late 19th century to the early 20th century.

Placita Village, which opened in 1973, had more than 200,000 square feet of office and restaurant space and a 500-space parking garage, which remains open.

 

La Placita In the News:

Council signs off on tax break for La Placita project downtown

Tucson’s La Placita complex slated to be torn down in late May

It’s ‘fin’ for movies at La Placita Village, but outdoor film series isn’t moving far

Steller: City of Tucson finally has leverage to force progress on eyesore hotel downtown

Tucson gets new look at development plans for La Placita

La Placita owner seeks tax break from city for redevelopment

Colorful downtown icon may become apartment complex

Tucson apartment market still of high interest to investors

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