Metrolinx says a $2 billion, 48-storey office tower and new GO bus terminal are being built south of Union Station on a lot that's currently an open air parking lot.

The new 10,000-square-metre bus station will be nearly twice as big and have 14 bus bays, compared to seven now. It will also provide buses with easier access to the Gardiner and Lake Shore Blvd.

The old Union bus terminal will have its last day of operations on Dec. 4, and the new USBT will pick up where it left off on Dec. 5, while construction will continue on the rest of Union Station ...

The new main terminal will be completed in 2032, and crews could break ground before the end of 2024, according to the Port Authority. “Time has not been kind for Port Authority [bus terminal],” ...