Colosseo di Roma, Piazza del Colosseo, 1, 00184 Roma RM, Italy. The COLOSSEUM the most famous monument in the world. With its height of 48 meters (157 feet), the colossal elliptical structure has fascinated humans throughout history. Construction of the Colosseum was begun under Vespasian as a symbol of the grandeur of the Roman Empire. It was inaugurated by Emperor Titus in the year 80 AD. The popular name of "Colosseum" is due to a statue ("colosso") of Nero once situated next to the arena. The original name of this ancient Roman sports arena, the largest arena of its kind, is the Amphitheatrum Flavium.
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