Fronting Raymond Boulevard on the banks of the Passaic River, the two office building complex were constructed during a period in the late 1980s and early 1990s when they and numerous postmodern skyscrapers were built near the station and Gateway Center.

[6] The two towers sit above a four-story parking facility and lobby that joins them.

An additional parking area in the shadow of the Dock Bridge will be developed as part of Newark Riverfront Park, a promenade along the banks of the Passaic River.

[7][8] Originally developed and owned by Hartz Mountain Industries,[1] one building was later acquired by Horizon Blue Cross Blue Shield of New Jersey.

[9][10] In February 2023 NJ Transit, which long had its headquarters had acquired Penn Plaza 1 in 2022, announced it would relocate its to the nearby Gateway II building.