Millennium Partners Hits Back

Those behind Millennium Tower hit back at critics this week who alleged the building’s foundation was not sturdy enough. Builders of the luxury tower specifically targeted claims leveled against them by the Transbay Joint Powers Authority, noting all engineering plans were approved by the city.

Millennium Partners addressed TJPA saying, "Contrary to TJPA’s assertions now, a decade later, 301 Mission St was never designed, expected, advised or required to drill pilings ‘200 feet down to bedrock,’” reports Curbed. The unexpected sinking that followed, Millennium asserts, was due to extensive construction at the Transbay Hub weakening the ground in the neighboring area.

The Millennium Tower’s homeowners association sent damage claims to the TJPA holding it accountable for the unexpected sinking and tilting. [Curbed]

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

Power Availability Becomes New Requirement For Shifting Bay Area Industrial Base

Developers Line Up To Convert Boston Offices To Housing, But Most Still Stuck At Starting Gate

To Rein In Costs, Philly Affordable Housing Players Look To Become 'Less Reliant On Consultants'

Rent Concessions Dip As Fewer Apartments Come Online

AvalonBay, Equity Residential Selling Boston Towers As Part Of Merger Settlement

IRES Looks To More Forward Funding As Resi Market Gathers Pace

Knightvest Capital Acquires 3 Multifamily Communities In Austin

Builders Turning To Prefab Solutions As Speed To Delivery Becomes Critical Consideration

Maturing Debt Triggers Wave Of Distressed Hotel Sales Across California

Millennium Partners Lands $281M Loan For Winthrop Center Tower

Vivmark Details Merged Entity, Becomes Largest U.S. Apartment REIT By Far

Making The Case For Preconstruction As Risk Management