• The Millennium Tower Challenge: Sam Louwrens on Construction Insurance & Retrofits

  • 2025/04/03
  • 再生時間: 24 分
  • ポッドキャスト

The Millennium Tower Challenge: Sam Louwrens on Construction Insurance & Retrofits

  • サマリー

  • San Francisco’s Millennium Tower is one of the most infamous examples of engineering gone wrong. Dubbed the “Leaning Tower of San Francisco,” this luxury high-rise has faced years of controversy over its sinking foundation, expensive fixes, and ongoing structural concerns.

    In this episode of SF Commercial Property Conversations, host Bruce Bean welcomes back Sam Louwrens, an expert in construction insurance, to dive deep into the story of the Millennium Tower. Sam breaks down:

    • Why the building started sinking before construction was even completed
    • The similarities between the Millennium Tower and the Leaning Tower of Pisa
    • The $100M+ retrofit—did it fix the problem, or make it worse?
    • The insurance and legal battles surrounding the project
    • What developers, engineers, and insurers can learn from this case

    Sam also shares valuable insights on how construction projects can avoid similar disasters and the role of proper insurance in mitigating risks. If you’re in real estate, construction, or insurance, this is a conversation you don’t want to miss!

    --------------------------------------------------------------------------------------------------------------- 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/guest

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あらすじ・解説

San Francisco’s Millennium Tower is one of the most infamous examples of engineering gone wrong. Dubbed the “Leaning Tower of San Francisco,” this luxury high-rise has faced years of controversy over its sinking foundation, expensive fixes, and ongoing structural concerns.

In this episode of SF Commercial Property Conversations, host Bruce Bean welcomes back Sam Louwrens, an expert in construction insurance, to dive deep into the story of the Millennium Tower. Sam breaks down:

  • Why the building started sinking before construction was even completed
  • The similarities between the Millennium Tower and the Leaning Tower of Pisa
  • The $100M+ retrofit—did it fix the problem, or make it worse?
  • The insurance and legal battles surrounding the project
  • What developers, engineers, and insurers can learn from this case

Sam also shares valuable insights on how construction projects can avoid similar disasters and the role of proper insurance in mitigating risks. If you’re in real estate, construction, or insurance, this is a conversation you don’t want to miss!

--------------------------------------------------------------------------------------------------------------- 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/guest

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