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. Originally constructed as the AOL Time Warner Center, the building encircles the western side of Columbus Circle and straddles the boarder between Midtown and the Upper West Side. The total floor area of 260,000 m² (2.8 million ft²) is divided between offices (notably the offices of Time Warner Inc. and an R&D Center for VMware), residential condominiums, and the Mandarin Oriental, New York hotel. The Shops at Columbus Circle is an upscale shopping mall located in a curving arcade at the base of the building, with a large Whole Foods Market grocery store in the basement.
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