Franz Heep, described as a Brazilian architect, designed the building, officially named Circolo Italiano. It was built from 1956 to 1965. It is 541 feet (165 m) high with 46 floors, 19 elevators and 560,000 square feet (52,000 m²) of floor area, making it the fourth tallest building in São Paulo.
The facade is designed for natural ventilation and stable internal air while protecting tenants from direct sunlight. The building stands on Ipiranga Avenue in the República district. The Terraço Itália restaurant on the 41st floor was inaugurated on September 29, 1967. A bar with live music and access to the terrace is on the 42nd floor, and the Sala São Paulo event room is also on the 41st floor.
The rooftop observation deck is described as open for tourists. The article does not state the architectural style, the client or the split between residential and commercial use.

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