A system and method for timing-closed placement which also takes wirelength and congestion into consideration. In one aspect, the system and method of timing driven placement according to the present invention incorporates a timing budget management technique which satisfies triangle parity and inequality, a timing-driven quadrisection placement strategy based on flexible timing window configurations to minimize the wirelength and congestion during each mincut quad-partition of top-down hierarchy, and a linear programming formulation incorporating bin capacity, channel capacity and congestion criticality.