Millennium Tower pictured far right
In 2016, it was discovered that San Francisco’s Millennium Tower, a $350 million, 58-story luxury condo was sinking and tilting. From the most recent count, the tower had sunk 18 inches and leaned 4 inches – doesn’t sound like luxury to me. After several rounds of fix designs, lawsuits, and cracked windows, it is believed that the fixes will begin this fall.
Read moreThe last time we checked in on the sinking, tilting Millennium Tower in San Francisco, engineers believed they had developed a stop to the buildings settling, but that came with a hefty estimated price tag between $200 million and $500 million. The fix called for installing around 300 micro piles, made of concrete and steel, driven to bedrock. A new plan has reduced that overall cost to remedy and will have much less impact on residents.
Read moreOver 2 years ago, concern began to grow when it was discovered that the 58-story high Millennium Tower in San Francisco had settled 16 inches and tilted 2 inches, after just 8 years of being open. The latest reports, according to NBC Bay Area, say that the building is now tilting 18 inches, when measured at the top. That stress on the curtain wall may have caused a 36-story window to crack.
Read moreIt’s been about 2 years since the public became aware that San Francisco’s Millennium Tower, a 58-story luxury condo high rise, was significantly sinking and tilting. Our last update on the tower was almost a year ago, when an engineering firm determined that the tower had continued to sink and tilt at a rate that was twice as fast as originally estimated. Now, engineers believe they have determined a way to keep the building from continuing to move, but it’s going to be an extremely lengthy process and be extremely costly.
Read moreIn August of 2016, it was discovered that a luxury high rise condominium complex in San Francisco, which houses several celebrities, was sinking and leaning considerably. The 58-story Millennium Tower contains home that range in value of anywhere from $1.6 million to $10 million. Since the discovery, fingers have been pointed in all directions and several lawsuits have been filed.
Read moreThe saga continues in one of the biggest construction stories of 2016, the sinking and tilting Millennium Tower of San Francisco. When we last updated readers in December, satellite images from the European Space Agency had not only confirmed that the tower has sunken considerably, but that it also hasn’t stopped sinking yet. Meanwhile, residents living in the tower are worried about their safety and the value of their homes.
Read morePhoto: ESA SEOM INSARAP study / PPO.labs / Norut / NGU. Red dots show areas that are sinking, green indicates no movement. The Millennium Tower is pictured in the center.
San Francisco’s luxury high-rise condo tower has received plenty of bad news recently and the building and its developers are entwined in plenty of lawsuits. Since the Millennium Tower’s grand opening in 2009, the building has sunk around 16 inches and is even tilting several inches to the northwest. This news has residents worried that their home is valueless and has fingers being pointed every which way. Recently released satellite images show that the situation may not be getting better, either.
Read moreMillenium Tower pictured on the far right
A firestorm of litigation is brewing in San Francisco over a $350 million residential high rise building, called the Millennium Tower, which has sunk 16 inches and tilted 2 inches since it opened up in 2008. Last month, developers and nearby resident Transbay Joint Powers Authority (TJPA) took turns blaming each other for the issue and it appears that the fight has just begun. For some more background information on the building, you can check out our past article by clicking here.
Read moreThe Millennium Tower (far right)
Imagine buying a condo for millions of dollars only to find out that the building the surrounds it has sunk over a foot and has tilted 2 inches. You probably wouldn’t feel too good about your purchase, would you? The Leaning Tower of Pisa (or, as I thought it was called when I was 7, “The Leaning Tower of Pizza”) wasn’t supposed to lean either, but they were able to turn lemons into lemonade and make it into a gigantic tourist trap. That’s a luxury that I’m not sure the Millennium Tower in San Francisco has, unfortunately.
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