San Francisco's Sinking Millennium Tower Can Survive Major Earthquake: City Report

The Millennium Tower in San Francisco is earthquake-safe according to the latest report from the city. Despite the tower continuing to sink and tilt, a report commissioned by City Administrator Naomi Kelly found the tower can endure a magnitude 8.0 earthquake, San Francisco Chronicle reports.

The city hired engineers Greg Deierlein, Marko Schotanus and Craig Shields, who concluded the sinking and tilting did not compromise building safety. Structural engineer Ronald Hamburger completed a similar study in 2016 with similar results, but residents were skeptical since the developer paid for that study.

Developer Millennium Partners said it has a potential solution that would cost about $100M to $150M, but no timetable has been discussed. The new plan would involve drilling up to 100 new piles into bedrock from the building’s basement.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Bringing Stability And Savings To CRE Insurance Through Working Layer

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Miami's Condo Craze Has Developers Spending Millions On Sales Galleries

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

Ryan Cos. Secures Permit For Austin's Sixth Street Redevelopment

Rapper Rick Ross Joins 670-Unit Miami Gardens Condo Project

How A New Financing Model Helps Spur More Mixed-Income Housing

Riverwards Group Secures Construction Financing For 155 Units In Olde Richmond

Mesirow Pays $132M For Midtown Luxury Apartment Tower

Integra Acquires Evacuated Broward Condo Complex Via Court-Ordered Auction