Bosa Developments News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  VICTORIA -- Work has begun to demolish the Pacific Coach Bus Terminal on the corner of Douglas and Bellville streets in downtown Victoria. The former bus depot, located on the southeast corner of the Empress Hotel grounds, served travellers for more than five decades. In an email to CTV News, Bosa Developments said it chose to demolish the building because it was in need of major repairs. The property was acquired by the Vancouver-based company when it purchased the iconic Fairmont Hotel in 2014. The 1960’s era terminal was closed permanently in May 2016 to make way for the proposed...

“This is: ‘Hey, we are back to life,’ ” Dan Diebolt, company vice-president of development, said Thursday. Bosa bought the 10 undeveloped acres on the 15-acre site from Vancity Credit Union, through Dockside Green Ltd., in December 2017. Today it is setting in motion the first phase of its development plans at Dockside Green. The company also owns the Fairmont Empress Hotel. The Bosa lands will hold about one million square feet of buildable area in a range of building types when it is complete in 10-plus years, Diebolt said. Some buildings will be lower-heights while others will...