To the several/many experts on here, what is the best educated guess for when this project starts going vertical? Thanks!
Not an expert, but I'll provide some of what I've gathered:
- We have no indication this has been approved, right? All of this could still be preliminary excavation, thought it is getting pretty substantial at this point
- Will be a 4 foot thick slurry wall and they're going to need to ensure their geotechnical engineering is top-of-the-line, based off the neighbor's legitimate foundation concerns and their tarnished reputation from San Fran (I know they're separate entities, just saying, their reputation has been tarnished in the general public). Long story short, foundation/slurry wall will probably take a while
- They're intending on top-down construction, which could mean steel going up soon after the slurry wall is complete, as opposed to waiting for the hole to be completely excavated and then filled before seeing steel at street level
All things considered, steel could be rising in a few months to a year from now. It's really hard to tell, I'd say.
Steel may be what... Trumps ... all other considerations (horrible pun, I know, especially in light of how he's destroying our democracy/constitutional republic). My understanding is they've nearly gained 100% of all needed regulatory permits. But with the idiotic trade war/tariff stuff: do they slow-play it to see if the Orange Idiot de-escalates? I'm sure they'll do concrete pour like at MTower. Regardless, they still must do a massive steel buy for rebar, etc., right? Therefore a swing in either direction of steel prices right now is presumably huge for this project (?)
So glad we have to inject politics into this at every opportunity.
I'm actually ok with this because the lumber & steel tariffs are having a MASSIVE effect on the building industry causing prices to skyrocket and estimates to be blown. Because of the market volatility, contractors are getting quotes on things like steel & wood sheathing that are valid for a day only.
I'm actually ok with this because the lumber & steel tariffs are having a MASSIVE effect on the building industry causing prices to skyrocket and estimates to be blown. Because of the market volatility, contractors are getting quotes on things like steel & wood sheathing that are valid for a day only.
I would say it's a fine observation except leave out the part in parenthesis. That's the "political bs" part that belongs somewhere else. The rest of it is totally applicable.
Any update on the garage demo?
Here is a question - has this actually been officially approved? I know the garage demo was green lit, but what was the new construction actually ready to go?
Yes.
[The] closing included an initial payment of $102 million to the city — the final payment is estimated to total about $163 million...