The plot was previously occupied by the 24-storey Poltegor Centre, which before its demolition was the tallest building in the city at 92 metres (302 ft) in height.
The building permit was obtained by the investor on 10 August 2007, with the foundation works starting on 6 December 2007.
According to the initial architectural plans, Sky Tower would be a residential, office and commercial complex consisting of seven buildings of various heights and with an aggregate surface area exceeding 260,000 square metres (2,800,000 sq ft).
On 3 November 2008, the developer of the complex, LC Corp, sold the project to its main shareholder Leszek Czarnecki (shareholder Getin Holding SA), one of the richest individuals in Poland, who suspended construction for six months due to uncertain market conditions of the investment.
In June 2009, after a half-year break, the construction was resumed and until the end of October the building was built according to the old design, as the investor had not yet made a final decision as to the height of the skyscraper.