The Millennium Tower Challenge: Sam Louwrens on Construction Insurance & Retrofits
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Description
What happens when a 600-million-pound tower is built on unstable ground? The Millennium Tower in San Francisco has been sinking and tilting since before it was even finished, leading to lawsuits, expensive retrofits, and serious concerns about its future. In this episode, Sam Louwrens joins Bruce Bean to discuss the engineering failures, insurance implications, and financial fallout of this massive construction debacle. Sam explains why the tower is still shifting, what went wrong with the "fix," and what developers can do to prevent similar disasters. Watch now to learn: ✅ Why the Millennium Tower started tilting in the first place ✅ How a $100M retrofit ended up making things worse ✅ The legal and insurance battles behind the scenes ✅ Lessons for developers, insurers, and engineers --------------------------------------------------------------------------------------------------------------- We’re excited to feature your voice in the conversation about building wealth and legacies through commercial real estate. Join us to share your journey and insights with our growing audience! Learn more and apply at https://sfcommercialconversations.com...