The building had originally been manufactured in England in 1899 for use at Jolimont railway station in Melbourne.

In 1978, approval was granted for the construction of a hotel complex and a long-distance coach terminal.

[2] After the project had not commenced in 1981, Lend Lease Development began work on a six-storey commercial and office complex, which was initially tenanted by the Department of Resources and Energy, the Canberra Tourist Bureau, Prime Television, Trans Australia Airlines, and radio station 2CA.

[6] It opened on 5 May 1983, with Ansett Pioneer and Greyhound using the coach terminal for services to Adelaide, Melbourne and Sydney.

[7][8] Later, CountryLink, Deluxe Coachlines, McCafferty's, Murrays, Transborder Express, Trans City and V/Line began using the terminal.