The bright and sunny city of San Francisco is home to a building that has been called both “the tallest residential high-rise” in town as well as one with an interesting history. The Millennium Tower offers residents not only their own private apartment but also retail space on the lower levels.
Mission, a late-modernist skyscraper in San Francisco is bounded by Mission Street to the north and Fremont Avenue westward. The building has two buildings: one 12 stories tall with 53 units at, another 58 story tower which also includes 645 feet high.
The residents at The Residences are treated like royalty. They have a private concierge who can handle all their needs and access to the Owner’s Club Level, which features amenities such as an exclusive lounge with wine cellar or fitness center for those busy days.
The final unit sold in 2013 generated over US$750 million, which is a 25% return on the estimated development costs.
In 2016, residents were informed that the main tower of their building was both sinking and tilting. As a result, several lawsuits concerning repair costs arose as well as whether or not this tilt had been hidden from buyers in order for them to avoid costly damages down the line.
Ronald Hamburger, the Senior Principal Engineer at Simpson Gumpertz & Heger revealed in a press release on December 4th 2018, that they had found an innovative solution to solving San Francisco’s Millennium Tower problem. The engineering firm will be installing 52 piles along both north and west sides of this iconic building beneath sidewalks which reach down 250 ft (76 m).
The historic building on Fremont Street has been repairing its foundation after sinking an unexpected inch. The $100 million perimeter pile upgrade was temporarily halted in August 2021 when monitoring indicated that the structure had already sunk another 1/4 of a foot into solid rock!
In February 2022, Hamburger has discovered that the tower has moved one inch away from an adjacent building containing a garage. This is not dangerous and won’t worsen during repair work, but reversing this shift would allow for reopening one of their elevators in the parking facility.