The building was designed and built by the controversial Turkish architect and businessman Vahap Toy.

The building was completed in 1999, after the expulsion of Vahap Toy from Poland and the termination of his business interests in the country.

The two lowest levels house a car park for 436 vehicles and utility facilities, the next four floors are retail, while the fifth is occupied by restaurants.

Other well-known tenants included the Publishing and Advertising Agency On (publisher of the weekly Wprost), Dell, and ABG S.A., a publicly listed IT company, and Salesforce Consulting Firm VRP Consulting Sp.

Most likely, this term is a combination of the names of the first owner, the peculiar design of the skyscraper, and its similar coloration.