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

Hines Spends $170.5M On Mixed-Use Portfolio In Dallas' Bishop Arts District

San Francisco Office Market Climbs, Fueling Demand For Large Blocks, Luxury Space

How UK Investment Giant L&G Plans To Grow Its U.S. Multifamily Holdings

Properties Owned By REIT Accused Of Fraud To Be Auctioned Off

Major NYC Multifamily Firm Expands With Tech-Driven Operations

Multifamily's Days As Commercial Real Estate's 'Golden Child' Are Over

Riverwards Secures $36M In Construction Financing For Philly Apartment Project

Lioncor Bets Ireland's Residential Reset Can Unlock A New Wave Of Capital

Structural Design Decisions Can Box Owners In. The Right Partner Can Help Them Make More Informed Decisions

How Miami Multifamily Developers Are Approaching Dealmaking Today

The Multifamily Boom Is Putting HVAC Decisions Back In The Spotlight

Mamdani Officials, RGB Members Had Frequent Contact Before Rent Freeze, Communications Reveal