According to Heritage New Zealand, the tower was completed in 1935 to restore a working clock chime to Hastings' city centre, designed by local architect Sydney Chaplin after he won a national design competition, and costing £1226 to build.
Two plaques on the structure list the 93 Hastings residents who died as a result of the 1931 Hawke's Bay earthquake.
The clock tower was considered an excellent example of design from the mid-1930s that predominated in the surrounding parts of the city's central business district, while retaining a distinction and individuality of its own.
"The clock, with its four faces, gives the structure a civic usefulness, and the chiming bells add a melodious aspect to its familiarity in the city."