The idea of building a tower was conceived on 29 May 1895 at the general assembly of the Gräfenstein Conservation Society (Gräfensteiner Verschönerungsverein), a group that forestry assessor August Zwissler from Leimen had founded in 1893. It was decided to build a viewing tower on the Weißenberg costing an estimated 8,000 to 10,000 gold marks. The necessary funding would be raised by society member Martin Jäger, a well known local poet who went under the pseudonym, Fritz Claus. Thanks to his support for the tower he was able to win the Palatine Forest Club, founded in 1902 in Ludwigshafen, to his cause. The leadership of the PWV took over the coordination of the project, had the plans produced by architect Ludwig Ullmann and gathered the necessary funding, predominantly from membership subscriptions. Its name was proposed by Karl Albrecht von Ritter, the chairman of the PWV at the time; it was named after Prince Luitpold of Bavaria. In 1908 construction on the tower began and it was inaugurated on 26 September 1909. The costs came to around 23,000 gold marks, which corresponds to a sum of about €250,000 in 2000. The payment of this amount was concluded in 1911 by the Palatine Forest Club.