Time Warner Center - New York’s Latest Landmark

Bovis Lend Lease has etched yet another landmark into the New York skyline with completion of the long-anticipated Time Warner Center; soaring 750 feet, it is the newest and one of the biggest single building projects in New York history.

Peter Marchetto, President, Bovis Lend Lease Northeast/Central, recently joined dignitaries from the development partners and local government including New York City Deputy Mayor Daniel Doctoroff, William Mack (Apollo Real Estate Advisors, L.P.), Stephen Ross (The Related Companies, L.P.), Richard Parsons (Time Warner, Inc.), Charles Gargano (Empire State Development Corporation), Kenneth Himmel (Related Urban Development) and Manhattan Borough President C. Virginia Fields in celebration of one of the largest mixed-use developments in the history of New York City.
In June 2000, New York City Mayor Rudolph Giuliani announced the Columbus Center project, a mixed-use facility, key to the redevelopment of Columbus Circle; on February 5th, 2004, 18 years after the New York Coliseum site became available for development, New York’s latest landmark opened its doors to the public following ribbon cutting ceremonies.

The dormant 26-story Coliseum was demolished in 2000 to make way for the colossal twin towers of Time Warner Center, designed by David Childs of Skidmore, Owens and Merrill. Bovis Lend Lease, under the direction of Senior Vice President and Project Director Steven Sommer, who in November 2000 celebrated the official ‘groundbreaking’ of this ambitious construction project, managed the construction of the base building portion of Time Warner, the retail component, Jazz at Lincoln Center and the office space as well as the fit-out of the Mandarin Oriental Hotel, and the residential space for both the Residences at the Mandarin Oriental and One Central Park and public parking. “We were doing a million dollars of construction a day, hundreds of trucks, and in the towers, we were pouring a floor of concrete every two days,” stated Sommer.

Time Warner Center is now home to the global headquarters of Time Warner and the national headquarters of Apollo Real Estate Advisors and The Related Companies; The Shops at Columbus Circle, a multi-level retail, entertainment and restaurant center; Jazz at Lincoln Center, a performance and education facility; the five-star Mandarin Oriental Hotel; The Residences at the Mandarin Oriental, condominiums in the north tower and One Central Park, condominium residences in the south tower.

The new global headquarters of Time Warner, the world’s largest media company, features state-of-the-art digital production and broadcast facilities for live transmission of CNN and CNNfn, located at ground level, the studio is open for public viewing of live broadcasts.

The Shops at Columbus Circle include specialty shops such as Hugo Boss, Joseph Abboud, AJX Armani Exchange, Sephora, Cole Hann, J. Crew, Eileen Fisher, Thomas Pink, Coach, Stuart Weitzman, Tourneau, Whole Foods Market, Equinox Fitness Club, Tumi, L’Occitane en Provence, Borders Books, Music & CD and Williams-Sonoma, and fine dining including the Stone Rose, Per Se, Masa and Bar Masa, Jean-George Vongerichten’s Steakhouse, Café Gray, Charlie Trotter’s Seafood Restaurant, Bouchon Bakery and Asiate.

Jazz at Lincoln Center offers two major performance centers, The Frederic P. Rose Concert Hall and The Allen Room; the Hall is acoustically isolated from the rest of the Time Warner building. The facility is the first performance center dedicated to jazz.

The five-star Mandarin Oriental Hotel features 251 guestrooms including 48 suites, four meeting/function rooms with a 5,500 square foot ballroom overlooking Central Park, health club and lap pool, restaurant, lounge and cocktail bar.

The condominium residences at both One Central Park and The Residences at the Mandarin Oriental provide Five Star Living™- location, design, amenities, technology and views. The residences range from 600 to 1,200 square feet; one unfinished 12,000 square foot, duplex penthouse recently sold for $42.5 million, the highest-priced condominium ever sold in New York City. South Tower Residence lobby pictured.

In 2003, Time Warner Center was recognized as the 2003 Project of the Year by New York Construction News and received a 2003 Award of Special Recognition from the Concrete Industry Board.