[2][3][4] The main academy building, which also served as the Provincial House, convent and novitiate, was built by the Roman Catholic Congregation of Women the Sisters of Saint Anne of Lachine, Quebec.

Placed under the stewardship of the Provincial Capital Commission, the interior of the building was gutted and rebuilt, basement to attic, providing seismic upgrade and rehabilitation into modern office space.

Once completed, the majority of the building was leased to the BC Ministry of Advanced Education, a use consistent with the Sisters' aims.

The site was cleared and became green space, merging the Academy grounds with the adjacent Beacon Hill Park.

Andrew Petter, Minister Responsible for the Provincial Capital Commission, proposal to restore St. Ann's, at a cost of $16 million.