Built as the AMP Centre in 1976, the structure underwent a redevelopment from 2018 to 2021 which increased its height, introduced cantilevers, created additional office space, and modernised the tower's overall form and design.

[1][2] From 2011 until 2017, the Port Authority of New South Wales had a radar on top of the building to track commercial shipping in Sydney Harbour.

Together with AMP Capital and the City of Sydney, the BVN architects ran a design competition for Quay Quarter Tower.

[5] Multiplex was appointed lead contractor and with the work involving a rebuild and reclad of the building's entire exterior; increasing its height, incorporating additional floorspace, and modernising its overall physical form, design and façade.

[8] The redevelopment resulted in a new height of 216 m (709 ft) with 54 floors, a completely new interior layout with twice the amount of total floorspace, and a new cantilevered exterior design.