<ARTICLE>                     5
<LEGEND>

   THIS SCHEDULE  CONTAINS  SUMMARY  FINANCIAL  INFORMATION  EXTRACTED  FROM THE
TAUBMAN  CENTERS,  INC.  BALANCE  SHEET AS OF  MARCH  31,  1998 AND THE  TAUBMAN
CENTERS, INC. STATEMENT  OF OPERATIONS FOR THE QUARTER ENDED  MARCH 31, 1998 AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

</LEGEND>
<CIK>                                        0000890319
<NAME>                            TAUBMAN CENTERS, INC.
<MULTIPLIER>                                      1,000
<CURRENCY>                                 U.S. DOLLARS
       
                                         
<PERIOD-TYPE>                                     3-MOS
<FISCAL-YEAR-END>                           DEC-31-1998
<PERIOD-START>                              JAN-01-1998
<PERIOD-END>                                MAR-31-1998
<EXCHANGE-RATE>                                       1
<CASH>                                            9,088
<SECURITIES>                                          0
<RECEIVABLES>                                         0
<ALLOWANCES>                                          0
<INVENTORY>                                           0
<CURRENT-ASSETS>                                      0 <F1>
<PP&E>                                                0
<DEPRECIATION>                                        0
<TOTAL-ASSETS>                                  550,547
<CURRENT-LIABILITIES>                                 0 <F1>
<BONDS>                                               0
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                          80
<COMMON>                                            508
<OTHER-SE>                                      537,606
<TOTAL-LIABILITY-AND-EQUITY>                    550,547
<SALES>                                               0
<TOTAL-REVENUES>                                  9,532 <F2>
<CGS>                                                 0
<TOTAL-COSTS>                                         0
<OTHER-EXPENSES>                                     63
<LOSS-PROVISION>                                      0
<INTEREST-EXPENSE>                                    0
<INCOME-PRETAX>                                   9,266
<INCOME-TAX>                                          0
<INCOME-CONTINUING>                               9,266
<DISCONTINUED>                                        0
<EXTRAORDINARY>                                    (366)
<CHANGES>                                             0
<NET-INCOME>                                      8,900
<EPS-PRIMARY>                                       .09
<EPS-DILUTED>                                       .09
<FN>
<F1>        THE COMPANY HAS AN UNCLASSIFIED BALANCE SHEET.
<F2>        THE COMPANY'S PRIMARY ASSET IS AN EQUITY INVESTMENT IN THE TAUBMAN
            REALTY GROUP LIMITED PARTNERSHIP.
</FN>