You're preserving the past. But whose past? And at what cost to whose future?
The listed building is beautiful. It's also blocking 200 affordable housing units. The historical significance is real. So is the housing crisis. The community that built the building no longer lives in the neighbourhood — they were priced out by the heritage status that preserved it.
Run the preservation decision through the Social lens (who benefits, who is displaced), the Economic lens (property value effects, opportunity cost), the Cultural lens (whose heritage, whose identity), and the Ethical lens (preservation as a right vs. housing as a right).
The answer isn't obvious. That's exactly why you need the full map.