The building's main tenants are Transamerica, Bank Midwest, and the National Association of Insurance Commissioners (NAIC).

The project was undertaken as a joint venture between AT&T Resource Management (AT&T's Real Estate Group) and Copaken, White & Blitt.

The main components were the three-story retail base (which included a food court on the third floor) and the 34-story office tower.

It contained a shopping mall that was anchored by Dillard's and the Jones Store Co. Two years later, it was surpassed in height by One Kansas City Place, which is located at the same 12th and Main Streets intersection.

It was developed by Frank Morgan and his uncle Sherman W. Dreiseszun (operating as MD Management), who would build One Kansas City Place.