The tower was built to provide water pressure to power the hydraulic machinery (for cranes, lock gates and sluices) at the Grimsby Docks.
The tower system was brought into use in 1852 working the machinery of the lock gates, dry-docks and fifteen quayside cranes, and also to supply fresh water to ships and the dwelling houses on the dock premises.
During the building of the tower, Armstrong developed another system using weighted accumulators, which at once was found to have great advantages.
The tower was designed by James William Wild who based its appearance on that of the Torre del Mangia on the Palazzo Pubblico in Siena.
Her Majesty gave permission for Prince Albert, the Prince of Wales and the Princess Royal to accompany Rendel in the hydraulic lift to the gallery running around the tower above the water tank, from which a clear view of Grimsby, Cleethorpes and the mouth of the Humber estuary is obtained.
During the Second World War, there were plans to demolish the tower, as it acted as a beacon for German Luftwaffe aircraft heading towards Liverpool.