[combusean]

According to the Planned Unit Development associated with the parcels, here's what I think is going to be saved:

Gerardo’s Building at 421 S. 3rd Street and Arvizu’s El Fresnal Grocery Store at
310 E. Buchanan Street currently have HP overlay zoning. The Gerardo’s Building
is a rare two-story 1928 commercial and residential brick building which once
housed a café on the first floor and residential rentals on the upper level. Arvizu’s
El Fresnal Grocery Store, constructed ca. 1901, is the oldest intact neighborhood
grocery store in Phoenix. Both buildings are extremely intact and unique
examples of commercial non-warehouse brick buildings surviving in the
warehouse area of downtown. Both buildings are the only survivors from a subarea of the warehouse area of downtown which once encompassed both
residential units and commercial uses predominantly for Hispanic workers.
Because of the rarity of these two buildings, their early age, their overall excellent
physical integrity and their association with Hispanic history, both buildings meet
the HP-L zoning criterion of possessing “historic or architectural significance,
integrity, distinctive visual character and quality that is a level of exceptional
significance...”

and

Graham Paper Company Warehouse at 521 S. 3rd Street/310 E.
Lincoln Street. These two buildings appear to be extremely intact and in good
condition.

Here's what I think is going to be razed:

Pioneer Fruit Co. Warehouse at 401 S. 3rd Street and Coe Sales Co. at 301-309 E. Buchanan Street.

http://phoenix.gov/planning/Z-78-08.pdf