In May 2013, Alam Sutera Realty (ASRI), a real estate development company, announced that a 50-floor office building would be built at Jalan Jenderal Gatot Subroto, Lot 12 in Jakarta's Central Business District.[5] Construction of the skyscraper officially began on 29 August 2013 and the company revealed its name as "The Tower".[6] Work on the building was scheduled to finish by September 2016 and it was planned to open in early 2017.[7] By December 2014, the structure's construction had reached floor 4 and as the building began to take its shape, the developer started to sell parts of the tower's office space to the market, which costed around Rp40 million per square meters at that time.[8] The building was then topped out on 25 November 2015, becoming one of the tallest in Jakarta's Golden Triangle that year.[9] It was completed in December 2016.[1][10]
In September 2017, Alam Sutera increased its office space selling price to around Rp50 million per square meters.[11] By September 2023, the company reported that The Tower's occupancy rate had reached 70 percent.[12]