Some of us wondered where that photo was taken and if you didn't already know, the intent of this elobf article is simply to inform you that the aforementioned building is the 27 floor HVB Tower (formerly known as the Hypo-Haus) in Arabella Park, Munich, Germany just across the road from Musicland Studios, where not only "Time" was recorded but also "Face The Music", "A New World Record", "Out Of The Blue", "Discovery" and "Xanadu" with the help of legendary sound engineer Mack (a.k.a. Reinhold Mack).
Construction began in 1974 (ironically the year that ELO's first concept album "Eldorado" was released) and was completed seven years later with its inauguration in November 1981 meaning that ELO's lyric liner photo was taken just before building work was finished. The HVB Tower remains an administrative building of the HypoVereinsbank to this day. So now you know!
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