The following photo, text, link and principled position is from the New Albany Historic Preservation Commission web site.
It's worth noting that local developer "The Gary" has repeatedly stated that although it would constitute the type of hardship that comes along only once in a schlockmeister's lifetime, he'd be willing to raze the classic Silvercrest architecture and build Lauren's Corner II according to the familiar exurban model if the county doesn't want to take the state up on its offer and deal with it.
Do we need any other reason to hold on tight?
The New Albany Historic Preservation Commission has been monitoring the discussions of the Silvercrest Hospital Historic Site during the last few months. Recent articles mentioned the possible razing of structures on the site.
The Commission has drafted the following letter to our Floyd County Board of Commissioners urging the exploration of all alternatives prior to razing structures on this historic site in New Albany:
Full Text of NAHPC Letter to County Commissioners (.pdf)