Articles Recently Tagged: Millennium Tower

(23 posts)
Plan to Stabilize the Sinking Millennium Tower Closer to Reality

Plan to Stabilize the Sinking Millennium Tower Closer to Reality

With the initial round of testing having proven successful, the plans to permanently stabilize the sinking Millennium Tower by adding a series of 52 new piles around the tower’s perimeter have been further refined, building permits for the fix have been requested, and a final round of pre-fix testing... Read More »

Fissure Forces Closure of New Salesforce Transit Center

Fissure Forces Closure of New Salesforce Transit Center

A newly discovered fissure in at least one of the steel beams which supports the roof and 5.4-acre park atop the new Salesforce Transit Center has resulted in an emergency closure of the $2.2 billion center which opened last month. As such, the former temporary terminal, which has yet... Read More »

Transbay Budget for Sinking Tower Litigation Nears $16 Million Mark

Transbay Budget for Sinking Tower Litigation Nears $16 Million Mark

On the heels of the grand opening celebration for San Francisco’s new Transbay/Salesforce Transit Center two weeks ago, the Transbay Joint Powers Authority (TJPA) is about to seek board approval to increase their legal budget related to the litigation of who’s responsible for causing the adjacent Millennium Tower’s excess... Read More »

Merged Millennium Tower City Residence Fetches $4.66M

Merged Millennium Tower City Residence Fetches $4.66M

Two adjacent units on the fourth floor of the eleven-story mid-rise component of San Francisco’s leaning Millennium Tower development (a.k.a. the City Residences) were legally merged back in 2013 to create a single four-bedroom unit #401 which measures 3,814 square feet and sold for $5.3 million in May of... Read More »

Budget for Litigating Sinking Tower Lawsuits Increased

As we first reported last week, plans to permanently right the sinking Millennium Tower are about to be tested and should be completed by the end of July. At the same time, the Transbay Joint Powers Authority (TJPA) has just increased their legal budget related to the litigation of... Read More »

Plan to Fix Sinking SF Tower About to Be Tested

Plan to Fix Sinking SF Tower About to Be Tested

Plans to permanently right the sinking Millennium Tower by retrofitting the building’s foundation with a series of new compression micropiles which would be drilled down to the bedrock below are about to be tested. As proposed, three test micropiles will be drilled and filled down to a depth of... Read More »

Millennium Condo Drops below 2013 Price but Still $1.1K per Foot

Millennium Condo Drops below 2013 Price but Still $1.1K per Foot

Purchased for $970,000 at the end of 2013, the one-bedroom unit #24D at 301 Mission Street (a.k.a. the tilting Millennium Tower) returned to the market listed for $999,000 this past February. And having been reduced to $925,000 last month, the sale of the 789-square-foot condo has just closed escrow... Read More »

Potential Fix to Right the Sinking 58-Story Millennium Tower Identified

Potential Fix to Right the Sinking 58-Story Millennium Tower Identified

A potential solution to right the sinking Millennium Tower, which has now settled a total of 17 inches with lean of nearly 14 inches as measured from its roof, has been identified. According to the Chronicle, the conceptual plan includes “drilling 50 to 100 new piles down to bedrock... Read More »

Transbay Related Lawsuits are Piling Up

Transbay Related Lawsuits are Piling Up

The Board of Directors for the Transbay Joint Powers Authority (TJPA) is slated to conference with legal counsel on Thursday, behind closed doors. In addition to nine (9) lawsuits related to the sinking Millennium Tower which have already been filed in San Francisco Superior Court, all of which include... Read More »

Millennium Tower Penthouse Tumbles 29 Percent

Millennium Tower Penthouse Tumbles 29 Percent

Purchased for $8.1 million in mid-2015, the two-bedroom plus den penthouse unit #1A on the 58th floor of San Francisco’s Millennium Tower, a 2,700-square-foot unit with two parking spaces which has been remodeled with an “ultra-contemporary design” and “only the finest materials, procured from around the globe,” returned to... Read More »