No single building complex since Rockefeller Center has had the opportunity to exert such a positive impact on New York City. In July 1998, the Metropolitan Transportation Authority selected the development team—a partnership of the Related Companies, LP, and Apollo Real Estate Advisors, LP—to redevelop the approximately 3.4-acre (1.38 ha) site of the demolished New York Coliseum on Columbus Circle in the heart of Manhattan. The development team put together a dynamic and synergistic mix of components, generous public spaces, and breathtaking views to capitalize on this exceptional location that is the gateway to midtown Manhattan, the Upper West Side, and Central Park. Time Warner Center is a city within a building more than it is a building within a city.
Adaptive use of a landmark 1923 office building located at the heart of Tokyo’s central business district, known as the Marunouchi District, facing the Imperial Palace. The redeveloped mixed-use building stands 37 stories (180 meters) high with total floor space of 1.7 million square feet (157,930 square meters). The project features more than 1.07 million square feet (99,960 square meters) of office space, 200,000 square feet (18,580 square meters) of retail space consisting of 100 shops and 40 restaurants, a multipurpose auditorium, six rental conference rooms, a business club, and 409 parking spaces. Owned and operated by Mitsubishi Estate Co., Ltd., the new Marunouchi Building has attracted over 13 million visitors to its shops and restaurants and generated Â¥17 billion (US$142 million) in revenue during the first six months of operation.