An apparatus and method for constructing a cryogenic storage tank (700) having a welded inner tank (702), an outer shell (704) surrounding the welded inner tank (702), a concrete foundation (728) comprising a raised portion (752), a plurality of cellular glass blocks (734) positioned directly on top of the raised portion (752) of the concrete foundation (728), a leveling course of concrete (736) poured on top of the uppermost layer of the plurality of cellular glass blocks (734), and a mounting apparatus (718) affixed to the concrete foundation (728), where the welded inner tank (702) is positioned on top of the leveling course of concrete (736) and the outer shell (704) is affixed to the mounting apparatus (718) at locations around the periphery of the outer shell (704).