On Thursday, July 5th, Slate Asset Management, Studio Gang, and the rest of the project team will be hosting a community open house where we will introduce designs for a new block plan and mixed-use building at Yonge + St. Clair. This will be Studio Gang’s first project in Canada. We’re pretty excited.
It’s important to note that while the proposed design has been influenced by some of the early discussions we had with city staff and the local Councillor, we are still very much at the beginning of this process. Which is why alongside this community open house, we are also launching yongedelisle.ca.
This will be our “neighbourhood engagement” website as we go through the planning process. You’ll find updates from the project team as they become available, and you’ll also have a direct way to get in touch. We’re also testing out
On Thursday, July 5th, Slate Asset Management, Studio Gang, and the rest of the project team will be hosting a community open house where we will introduce designs for a new block plan and mixed-use building at Yonge + St. Clair. This will be Studio Gang’s first project in Canada. We’re pretty excited.
It’s important to note that while the proposed design has been influenced by some of the early discussions we had with city staff and the local Councillor, we are still very much at the beginning of this process. Which is why alongside this community open house, we are also launching yongedelisle.ca.
This will be our “neighbourhood engagement” website as we go through the planning process. You’ll find updates from the project team as they become available, and you’ll also have a direct way to get in touch. We’re also testing out
this interactive page
where you can vote on the city building principles that matter most to you.
So hopefully we’ll see you on Thursday, July 5th. Invite details above. Please RSVP, here, if you can. But if you forget to do that, don’t worry, you can still just show up. For more on Jeanne Gang, click here.
Many of you are probably aware of the 58-storey Millennium Tower in San Francisco which is estimated to have sunk about 17 inches and to have tilted about 14 inches to the west since it was built.
Well today it was announced that they may have a fix. Here is what is apparently being proposed as a retrofit (image from SFGate):
We then examined the correlation between hedge-fund volatility and office location in terms of number of stories above ground. We found that as the elevation of hedge-fund managers’ offices increased, they were more willing to take risks that resulted in more volatility. This was true even when statistically controlling for factors such as total assets, fund strategy and several other variables that could have led more resourceful hedge funds to occupy expensive offices that are often found on higher levels of buildings.
Does this mean taller cities are also more volatile cities? Assuming this is all true, it once again proves that we are maybe not the rational decision makers that many us probably think we are.
where you can vote on the city building principles that matter most to you.
So hopefully we’ll see you on Thursday, July 5th. Invite details above. Please RSVP, here, if you can. But if you forget to do that, don’t worry, you can still just show up. For more on Jeanne Gang, click here.
Many of you are probably aware of the 58-storey Millennium Tower in San Francisco which is estimated to have sunk about 17 inches and to have tilted about 14 inches to the west since it was built.
Well today it was announced that they may have a fix. Here is what is apparently being proposed as a retrofit (image from SFGate):
We then examined the correlation between hedge-fund volatility and office location in terms of number of stories above ground. We found that as the elevation of hedge-fund managers’ offices increased, they were more willing to take risks that resulted in more volatility. This was true even when statistically controlling for factors such as total assets, fund strategy and several other variables that could have led more resourceful hedge funds to occupy expensive offices that are often found on higher levels of buildings.
Does this mean taller cities are also more volatile cities? Assuming this is all true, it once again proves that we are maybe not the rational decision makers that many us probably think we are.
The tower was originally built on top of a 10 foot thick raft or mat foundation, which was then supported by concrete piles that went down 60-90 feet into soft clay. Notably, the piles didn’t reach bedrock.
The proposed solution involves drilling 275-300 new micropiles into the bedrock below. But here’s where things get really interesting: The plan is to stabilize the west side of the building first and allow the east side of the building to continue sinking. In theory, this will give the building an opportunity to level out before they fully stabilize it.
According to SFGate, the entire retrofit is expected to take anywhere from 2 to 5 years, and cost somewhere in the range of $200 to $500 million. The original tower cost $350 million to build. (I’m assuming that’s just the hard cost number.)
The tower was originally built on top of a 10 foot thick raft or mat foundation, which was then supported by concrete piles that went down 60-90 feet into soft clay. Notably, the piles didn’t reach bedrock.
The proposed solution involves drilling 275-300 new micropiles into the bedrock below. But here’s where things get really interesting: The plan is to stabilize the west side of the building first and allow the east side of the building to continue sinking. In theory, this will give the building an opportunity to level out before they fully stabilize it.
According to SFGate, the entire retrofit is expected to take anywhere from 2 to 5 years, and cost somewhere in the range of $200 to $500 million. The original tower cost $350 million to build. (I’m assuming that’s just the hard cost number.)
