<ARTICLE>                     5
<LEGEND>

   THIS  SCHEDULE  CONTAINS SUMMARY  FINANCIAL  INFORMATION  EXTRACTED FROM  THE
TAUBMAN CENTERS, INC. BALANCE SHEET AS OF JUNE 30, 1998 AND THE TAUBMAN CENTERS,
INC.  STATEMENT  OF  OPERATIONS  FOR THE SIX MONTHS  ENDED JUNE 30,  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>                                     6-MOS
<FISCAL-YEAR-END>                           DEC-31-1998
<PERIOD-START>                              JAN-01-1998
<PERIOD-END>                                JUN-30-1998
<EXCHANGE-RATE>                                       1
<CASH>                                            9,370
<SECURITIES>                                          0
<RECEIVABLES>                                         0
<ALLOWANCES>                                          0
<INVENTORY>                                           0
<CURRENT-ASSETS>                                      0 <F2>
<PP&E>                                                0
<DEPRECIATION>                                        0
<TOTAL-ASSETS>                                  570,489
<CURRENT-LIABILITIES>                                 0 <F2>
<BONDS>                                               0
<PREFERRED-MANDATORY>                                 0
<PREFERRED>                                          80
<COMMON>                                            529
<OTHER-SE>                                      557,089
<TOTAL-LIABILITY-AND-EQUITY>                    570,489
<SALES>                                               0
<TOTAL-REVENUES>                                 18,837 <F3>
<CGS>                                                 0
<TOTAL-COSTS>                                         0
<OTHER-EXPENSES>                                    125
<LOSS-PROVISION>                                      0
<INTEREST-EXPENSE>                                    0
<INCOME-PRETAX>                                  18,312
<INCOME-TAX>                                          0
<INCOME-CONTINUING>                              18,312
<DISCONTINUED>                                        0
<EXTRAORDINARY>                                    (366)
<CHANGES>                                             0
<NET-INCOME>                                     17,946
<EPS-PRIMARY>                                       .19
<EPS-DILUTED>                                       .18
<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>