Belated reply, I know, but I had great success running this game in doxbox, with a windows 3.11 installation. That is, windows 3.11 running in dosbox.
That allowed me to install it from my original SimTower CDROM (yeah I know, such a geek, but I was a huge maxis fan back then and bought every game they made).
I checked with the version for download here and go it working too.
For info on getting Win3.11 in Doxbox, there is good discussion of that here, including an example of a fully set up install with a properly configured dosbox.conf.
Check it out.