On 26 July 1989, the winning bid of HK$2.7 billion was formally announced to have come from Shine Hill Development, a subsidiary of Great Eagle Holdings.

The atrocities in Beijing had severely damaged business confidence in Hong Kong's future, and property prices declined sharply.

It offered facilities such as raised flooring and smart entry gates and its main tenants were international financial institutions.

In 1994, the building won the Hong Kong Institute of Architects' highest award, the Silver Medal, in recognition for its outstanding architectural design.

With a gross floor area of almost 1,600,000 sq ft (150,000 m2), Three Garden Road, Central is one of the biggest office complexes in Hong Kong.