[3] The construction of the tower formerly owned by the JAKA Group of the family of Senator Juan Ponce Enrile commenced in 1996 but was halted in 1998.

The only activity in the past 10 years was the application of protective coating on the exposed structural reinforcement bars of the building.

The building was designed by the architectural firm Hellmuth, Obata and Kassabaum, and was to be the first highrise project of Senator Juan Ponce Enrile's JAKA Property Group.

[2][6] It was originally designed to rise 49 stories high, with a height of 185.9 meters (609.91 ft) to its roof.

Its design was to have cladded finishing on its podium, and external curtain glass walls on the rest of the building.

Tupaz of the Alveo's Project Development Group said that they have "minimum disturbance plan" for the resumption of the tower's construction.