The building was erected in 1908–1910 in accordance to plans of Georg Meister and Oswald Bieber. Until 1937 it was owned by the Bavarian noble house of Arco.
Among others, Heinrich Thannhauser’s Modern Gallery had its exhibition rooms in the building, whose entrance hall is decorated with frescos by Reinhold Max Eichler depicting the Four Seasons.[2] The first exhibition of the Neue Künstlervereinigung München(N.K.V.M.) took place there in December 1909.