Named after the iconic Flatiron building, completed in 1902 as one of the first skyscrapers in the world, the Flatiron District offers an energetic downtown vibe in a more tranquil and relaxed package. The neighborhood is known for its excellent shopping, dining and entertainment scenes as well as its distinctive cast-iron and Beaux-Arts architecture. The Flatiron District is central located in the heart of midtown, bordering Union Square, Gramercy Park, Chelsea and Nomad, and offering residents easy access to both the east and west sides of Manhattan. Madison Square Park is also located in the neighborhood, and offers a great place to escape the urban jungle and relax, enjoy some pop-art, or catch a concert. The neighborhood is also home to the International Toy Center and was known as the Toy District prior to its evolution from being a primarily commercial neighborhood to a residential one, which is when residents and real estate agents started calling the area the Flatiron District.