Originally proposed on June 15, 2007, developers released a tentative groundbreaking date of late 2007, but the 2008 recession put plans on hold until 2010.

As reported by the Wall Street Journal on June 15, 2010, developers had secured financing through the Dallas Police & Fire Pension System to move ahead with Museum Tower.

The Museum Tower's glass has reflected an undesirable glare into the nearby Nasher Sculpture Center, whose architect Renzo Piano had specifically designed its roof to direct appropriate indirect sunlight into the galleries, based on the arc of the sun across the sky.

[11] Artist James Turrell considers his work Tending (Blue) to be effectively destroyed by the glare, and the museum has closed the interior of the sculpture to the public at his request.

[13][14] Exterior and interior location shoots were used in Dallas (the 2012 revived series) as the residence of the fictional character Pamela Rebecca Barnes.