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New York city skyline with Time Warner center in the background. The Time Warner Center is a mixed-use skyscraper developed by The Related Companies in New York City. Its design, by David Childs of Skidmore, Owings & Merrill, consists of two 750 ft (229 m) towers bridged by a multi-story atrium containing upscale retail shops. Construction began in November 2000, following the demolition of the New York Coliseum, and a topping-out ceremony was held on February 27, 2003. It is the property with the highest-listed market value in New York City, $1.1 billion in 2006.