The 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 moreImages From Space Show San Fran Tower Sinking Faster Than Expected
Photo: 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 moreDeveloper of Sinking, Tilting San Francisco High Rise Claims No Fault
Millenium 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 more