[3] The project, originally designed by Skidmore, Owings and Merrill, was to comprise a 79-storey office tower, a 46-storey condominium, a 24-storey hotel and a 7-storey shopping centre.

After a public walkabout of the site by the newly installed Prime Minister Dato' Seri Najib Tun Razak in early 2009, the problem of the stalled construction project was looked at yet again.

[8] The Federal Territories and Urban Wellbeing Ministry terminated the original contract with Plaza Rakyat Sendirian Berhad in 2010, 12 years after the company abandoned the mixed-development project.

In doing so, the city government agreed to settle outstanding bank loans after negotiating over several months to reduce this amount.

[11] In April 2017, Profit Consortium Sdn Bhd announced it planned four skyscrapers on the site, slated for completion in 2022.

Profit Consortium bought the abandoned project from Kuala Lumpur City Hall (DBKL) for RM740 million in October 2015.