The tower is 108 meters high, has 29 floors and is operated by the Israeli Isrotel hotel group. A Gvirtzman Architects designed the towers which were completed in 1966, whilst the main core was completed in the 1980s[citation needed]. The diameter of the structure is 29 meters and the tower is constructed on the site of the Gan Rina Theatre.[1] The hotel consists of 90 suites whilst the top floors house 62 apartments[citation needed]. The tower is constructed on a narrow pedestal.
The Nakash family purchased the tower for $150 million USD in April 2013.[2]
