Press Releases
TJPA: Ruling limits taxpayer liability in Millennium Tower legal costs fight: re MSD 9-24-18
San Francisco - The Transbay Joint Powers Authority (TJPA) announced Monday that a court ruling last week may require the TJPA to pay in the future just a fraction of the legal costs sought by Mission Street Development (MSD), the developer of the sinking and tilting Millennium Tower.
MAYOR BREED, LEADER PELOSI AND STATE AND REGIONAL PARTNERS CELEBRATE COMPLETION OF TJPA’s SALESFORCE TRANSIT CENTER
Mayor London Breed, House Democratic Leader Nancy Pelosi and regional, state and federal leaders joined the TJPA to celebrate the completion of the new Salesforce Transit Center.
TJPA ANNOUNCES OPENING DATES, CIVIC CELEBRATION AND NEW RETAIL LEASES AT SALESFORCE TRANSIT CENTER
The TJPA announced that the Salesforce Transit Center officially opens to the public at Noon on Saturday, August 11, 2018 with a Neighborhood Block Party, with inaugural Transbay bus service by AC Transit and others beginning August 12, 2018. The TJPA also announced that nearly half of the permanent retail spaces are in lease.
Lincoln Property Company, with partners Colliers International, Biederman Redevelopment Ventures, and Pearl Media, selected to operate and manage
The TJPA has selected a multidisciplinary team led by Lincoln Property Company as the Asset Manager to operate and manage the Transbay Transit Center. The 1.2-million-square-foot, state-of-the-art regional transit facility in downtown San Francisco is scheduled to open in 2018.
Claims Regarding the Impact of Dewatering and Other Underground Work at Transbay Transit Center Construction Site Are Not Accurate
The allegations of the Millennium Tower developer, Millennium Partners (MP), concerning the impact of the TJPA’s construction on the Millennium Tower are not accurate.
Evidence does not support Millennium Partners’ claim that the TJPA’s dewatering is the cause of the excessive vertical settlement and tilting of the Millennium Tower
There is no evidence to support Millennium Partners’ claim that the TJPA’s dewatering is the cause of the excessive vertical settlement and tilting of the Millennium Tower. Millennium Partners’ geotechnical engineers predicted that the Millennium Tower would settle vertically a maximum of 5.5 inches 20 years after completion. In April 2011, when the TJPA removed the timber piles supporting th
Transbay Joint Powers Authority Denies Withholding Reports of Tilting and Excessive Settlement of the Millennium Tower
Reports that the Transbay Joint Powers Authority (TJPA) agreed to withhold data showing the tilt and excessive settlement of the Millennium Tower are incorrect. Rather, the TJPA made public its obligation to collect and share monitoring data with the developer of the Millennium Tower, Millennium Partners (MP).
Transbay Joint Powers Authority Denies Responsibility for Tilting and Excessive Settlement of the Millennium Tower
In June, the TJPA received claims for damages from certain residents of the Millennium Tower located at 301 Mission Street. The claims seek to hold the TJPA responsible for the tilting and excessive settlement of that building.
Transbay Joint Powers Authority Closes on Parcel F Deal for $160 Million to Build 750 Foot Building that will Connect Directly to Transit Center’s Rooftop Park
The Transbay Joint Powers Authority (TJPA) celebrated another funding milestone today with the successful closing of a deal to sell Parcel F for $160 million.