it was the last skyscraper built in Cape Town until the completion of the Portside Tower 21 years later in 2014.

The building was originally named after its first occupant, the South African shipping company Safmarine.

At the end of August 2023, the hotel component within the building was sold to the real estate private equity firm Kasada.

The cruciform building plan gives each of the eighteen to nineteen units on each floor added natural light, ventilation and views.

[1] In 2017 the building was renovated converting its office space into 166 residences and a 5-star Radisson Blu Hotel by Signatura Property Group and Carlson Rezidor Hotel Group costing R1 billion.