The demolition of La Placita in downtown Tucson is scheduled to begin this week.
Deanna Lorentzen says while she knows the City of Tucson is changing, "it's sad to see it go."
"I am very sad because it's been a fixture down here for quite sometime - it's very colorful, it's part of the neighborhood but there's a lot of change coming," says Lorentzen.
HSL Properties owns the brightly colored buildings along Church Avenue.
In a recent letter, HSL Properties informed neighbors that the demolition of most of the buildings will begin soon.
"We will not be demolishing the Samaniego House, the Stables or the Flin building," according to HSL Properties. "We are undertaking safety measures to ensure these buildings remain potentially eligible for the National Historic Register."
The developer is planning on building new apartments with retail shops and restaurants on the ground floor.
Manager of Street Taco and Beer, Kevin Martinez says, "it's going to bring more people and more retail for local shopping. If it brings more business I'm going to like it a lot."