Construction began in the 4th quarter of 2007 following the dismantling of the building that previously occupied the site. Due to financial problems of the developer and problems with permits, construction was put on hold in 2009, but resumed in January 2011. On February 3, 2012 the building was topped out.
The name comes from the building's pre-war address (completely destroyed by Nazi Germans during the WWII) - Złota ("Golden") Street. It is next to the Palace of Culture and Science, the tallest building in Poland (237 m) and Złote Tarasy. When completed, Zlota 44 will be Warsaw's third tallest skyscraper.
In December 2013, Orco fired the general contractor company Inso prior to completion.