View Full Article SPRINGFIELD - Demolition of the former Peter Pan Springfield Bus Terminal Building in downtown Springfield is in full swing.
After weeks of gutting the interior, crews with Associated Building Wreckers have begun tearing down the exterior walls.
The bus terminal at 1776 Main St. had been a downtown mainstay since it opened in 1969. With the opening of Union Station across the street, Peter Pan relocated its offices and bus operation to the new location.
Once the building is razed and the debris removed, the site is intended as the new headquarters for Way Finders, a housing agency that that also provides financial counseling, financial literacy classes and job-search help.
The construction of the $33,000-square-foot office building will cost between $8 million and $9 million, and is expected to be completed in 2020.