On the evening of March 28, 2000, the building was severely damaged by an F3 tornado that struck downtown Fort Worth.

80 percent of the building's windows were blown out and cracked, leaving shattered glass on surrounding streets.

Office materials such as chairs also fell onto the streets and vehicles below, and damage on the building was seen from miles around the city of Fort Worth.

[4] The Reata Restaurant on the top floor reopened six weeks after the damage from the March 28, 2000 tornado, until closure on February 23, 2001.

Businessman and financier Ed Bass' partnership bought the property in March 2001 for $3.8 million, intending to demolish the building by implosion and replace the former site with a parking lot.

On February 4, 2003, real estate investors and developers announced plans to convert the building into an apartment condominium.

In 2019, artist Donald Martiny created an artwork called Hugin + Munin (named as a reference to Huginn and Muninn) in the Lobby of the Tower.