Lindsay Enterprises, based in Dartmouth, which submitted a planning application on 13 July 1981 for the Purdy's Wharf development, to be constructed on the former Purdys Brothers lands as well as some land owned by the City of Halifax and the Canada Mortgage and Housing Corporation (CMHC).

Halifax city council approved the proposal on 15 October 1981 as well as the sale of the city-owned lands, where the parking garage is now located.

[6] Built at a cost of around C$49 million, phase one also included a four-storey office building and a parking garage.

[7] The project was completed in 1989, coinciding with the beginning of the early 1990s recession, which impacted the real estate market and contributed to the complex suffering from a 35.2 per cent vacancy rate in 1990.

[12][13] In July 2005, Olympia and York sold their 50 per cent stake to GWL Realty Advisors for C$63.0 million.

Pedways connect the complex to Casino Nova Scotia and the Downtown Halifax Link system.