Plan to demolish LaPlacita, replace with apartments

TUCSON (KGUN9-TV) - Much of a downtown Tucson landmark could be coming down, and a new place to live could be going up.
 
The owners of the brightly colored LaPlacita office complex want to replace most of it with almost 250 new apartments.
 
Tucson City Council just agreed to let LaPlacita's owners commission a study to help the city decide if the project deserves city tax incentives designed to encourage downtown development.
         
Plans for LaPlacita call for it's most historic parts to be preserved.
         
The property owner hopes to start knocking down other parts of the structures by May and see the project buildings start out of the ground by June.
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