Should This House Be Torn Down?

100_0328

Continental Bank is planning to build a branch at 6th and Fayette (sw corner) and to do requires them to tear down the former home/now office space, plus a carriage house, currently there.

I received an email from a concerned citizen regarding this.  A couple notes, the carriage house has been the home of a local since 1993.  The email also expressed outrage that a bank would use bail out money to destroy a historic home.  I checked to see if Continental received bail out money and as far as I can tell they did not.

I think the larger issue is whether Conshohocken wants to keep the historic feel of Fayette Street as intact as possible or allow modernization.

Please discuss.