Most Expensive Construction Mistakes in the World (Part 3)

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From California’s biggest construction debacle  to China's largest demolition of 15 high rises   that were never even used. Here are six of  the most expensive construction mistakes   ever made. If you enjoy this series, make sure  to leave a like and subscribe to Top Luxury.   Do you know of any other major construction  failures? Let us know in the comments down below.  Number 6: Liyang Star City  In 2011, construction began on the second phase  of the so-called Liyang Star City in Kunming in   China. They built 19 high-rise buildings on four  large sites to house residential and office space. Just a year after construction began, the  project changed hands and the new company   managed to complete the first 4 high-rises,  but construction on the remaining buildings   was halted in 2013 due to financial  concerns. The other 15 buildings   topped out but weren’t completely finished.  Over the years, they started to get flooded   with rainwater in the basements, leading to  foundation damage that was beyond repair. In December of 2020, another real estate company  bought the property and project rights for around   $150 million dollars. They quickly found that  the 8-year-old buildings would no longer meet   the demands of a changing real estate market, and  they decided to demolish the unused buildings. Demolition crews placed  over four tons of explosives   and measures were put in place to  make demolition as safe as possible. Finally, in August 2021, the planned  demolition was initiated. After years   of planning and construction  they came down in 45 seconds   and it was reportedly the largest  at-once demolition in China.  Number 5: The Millennium Tower Completed in 2009, this residential   tower is the sixth largest building in San  Francisco standing at almost 200 meters. The construction of the skyscraper cost the  Mission Street Development LLC a total of   $350 million dollars, and went smoothly - or so  they thought. In 2016 the residents - who paid   up to $13 million dollars for a unit - found out  that the Millenium Tower was tilting and sinking   into the ground. An investigation during that  time showed that the foundation of the tower   was built into deep sand instead of bedrock,  which was unable to support the heavy building. As a result only 7 years after it  opened the Millennium Tower had sunk   40 centimeters or 16 inches and in addition to  that there was a 15 centimeter tilt at the top. Lawsuits began almost immediately  after this information was released.  The City of San Francisco and the Homeowner’s  Association in the building sued the development   team, who in turn blamed another company  responsible for building the the neighboring   Transbay Transit Center. However it turned out  that the problem occured before they even started. In September of 2018, many residents reported  hearing creaking and cracking sounds. In the   middle of the night, residents on the 36th floor  woke to a loud popping sound. A broken window   found in a corner unit implies that there are  deeper structural problems at Millennium Tower. Eventually, the lawsuits were consolidated,  and a settlement was issued to fix the problem.  The solution? Engineers set down a $100 million  dollar plan to drill into the bedrock on the   north and west sides of the tower. The plan was to  install over 50 new piles that would reach up to   70 meters down to the bedrock, bracing the towers  and reducing tilt over a period of several years. The construction of the new foundation started  in 2020, but recently had to be halted again in   August of 2021. Those in charge of monitoring  the project noted that the tower had sunk an   additional inch and the tilt increased again.  As of now it leans more than 22 inches at the   top and the problem is under investigation  again before returning to work on the fix.  Number 4: Olkiluoto 3 Nuclear Power Plant More than 30 countries around the world use   nuclear power to meet the demand for electricity.  About 30% of Finland’s electricity is provided   by nuclear power and in 2005, the Finnish  government decided that this wasn’t enough.   If they wanted to reduce coal use, they  needed to build more nuclear reactors. Plans included adding a modern and very efficient  third unit to the Olkiluoto Nuclear Power Plant   in Eurajoki that would boost Finland’s  nuclear power production by nearly 60%.   The first two units at this reactor are  functional and have been producing power   since the 1980s. Construction on  this third reactor began in 2005,   and it was the first nuclear reactor  built by a western country in 15 years. From the start, the project was plagued  with construction delays. Although TVO, the   company that owns the Olkiluoto power plant, first  promised that the new reactor would open in 2010,   it is still under construction today. The main  buildings were completed early, but the nuclear   components took years to install. Business  disputes, supply chain issues, and scheduling   delays have kept the project in limbo for 12  years and around $8 billion dollars over budget. According to experts, part of the problem is that  no one has built a nuclear reactor in some time.   Experienced builders left the  business in the 15-year lapse   between previous reactors and  the construction of Olkiluoto 3. Further, contractors weren’t prepared for the  exacting standards required to build a safe   nuclear reactor. The concrete foundation was found  to be irregular shortly after it was placed, so it   had to be redone. Contractors weren’t forging  some metal parts of the reactors correctly,   and welders on the project weren’t informed  of proper practices before construction began.   Planning was also an issue for the project,  and documentation and licensing took years   to sort out due to the administrative  concerns associated with nuclear plants. TVO has finally promised that Olkiluoto  3 will open for regular power generation   in February of 2022. The original  cost of the project was around $3   billion dollars and increased with each passing  year. Due to the delays and issues, the total   project is now estimated to cost $11 billion  dollars, nearly 4 times the original price.  Number 3: Hallandsås Rail Tunnel  In 1975, problems arose with Sweden's  rail system, as some sections of the   West Coast Line could no longer handle the  increasing train traffic. To improve this   situation a massive project was announced  to upgrade the whole line to double track. One important part of this project was the upgrade  of the single-track railway on Hallandsås ridge,   which was a significant bottleneck to passenger  trains moving between Gothenburg in Sweden,   and Copenhagen in Denmark. Therefore  construction on the Hallandsås Tunnel began   in 1992 with plans to open 3 years later.  However, problems began almost immediately. Groundwater began seeping from the rock as soon  as construction began, and in much larger volumes   than expected. The rock was too soft to allow  for large drilling procedures, and even broke   the first drill they tried to use. However,  traditional drilling led to more water leaks.   These issues bankrupted the original contractor  and caused them to hand the project off. However the new contractors didn't  do much better. During construction,   they used a poisonous sealing compound without  taking proper precautions. As a result, livestock   and fish in the surrounding area began dying,  and workers on the project were getting sick.   The company faced criminal charges for these  issues, and construction was halted again in 1997. At this point, only about 3km of  the 8km tunnel had been drilled.   Eight years later, construction began once more.   New drilling machines and practices made the  project easier, but drilling was delayed in   areas with lower quality bedrock, as it took  extra time to safely bore through these areas. The construction of Hallandsås  Tunnel was completed in 2015,   23 years after it was started. The Swedish  government originally projected that the   project would cost about $1 billion  Swedish kronor. By the time it was   finished in 2015, the total cost was about $10.5 billion kronor, ten times the original cost.  Number 2: Eastern Span Replacement of  the San Francisco-Oakland Bay Bridge  More than 27 million vehicles each year travel  between Yerba Buena Island and Oakland. All of   them take the 10-lane San Francisco Bay Bridge  to make their daily commute over 3.5km of water.   A bridge this long has to be safe, but an  earthquake in 1989 drew attention to its faults. A 6.9 earthquake named Loma Prieta destroyed  part of the original Bay Bridge on October   17, 1989. City officials had no  choice but to address structural   concerns and make the bridge safe again. However,   it was decided that retrofitting the bridge and  repairing the damage would be too expensive. Instead, San Francisco officials decided  to hold a contest for a new bridge design.   It took a decade for a new design  to be agreed upon. They planned to   replace the eastern span with a self-anchored  bridge, which a panel agreed looked better. Unfortunately, the complexity of this  type of bridge proved to be a money sink.   Stability rods often broke, requiring repair or  refabrication. They decided to use guard rails   rather than barriers, but these would corrode  over time. Parts of the deck were misaligned,   creating a higher risk of earthquake failure.  Finally, the welding quality was lacking,   which prompted a lengthy investigation  and several expensive fixes. The Bay Bridge’s eastern span took 11 years to  build and it is the most expensive infrastructure   project in California, although the new  high speed train might take its place.  The total cost of the bridge and its  multiple failures is still unknown,   but in 2019 it was estimated to be over $7 billion  dollars. That’s about 7 times the original bid   of just over $1 billion. Number 1: The Harmon Hotel  Las Vegas’s CityCenter is an urban complex  in the middle of the Las Vegas Strip.   It was announced in November of 2004 as a high-end  living experience, which would include residential   condominiums, a retail mall, and all of  the conveniences required for daily life. This self-contained ‘city’ included  The Harmon Hotel, a 137m tall mixed   hotel and residence high rise, which would  include a roof pool to look over the Strip.   Construction on The Harmon began with these  plans in 2007 and the costs were estimated to   be around $275 million dollars, but it was only  half-finished when progress was halted for good. In 2008, inspectors found significant  structural defects in the building.   Steel reinforcements that were meant to stabilize  the 49 floors were installed incorrectly,   so construction was halted after the 28th  floor. Condominiums were removed from the plans,   which meant that refunds had to be given  to those who had already made purchases. This alteration of the design caused more delay,  and eventually, construction stopped altogether.   MGM, the owners of The Harmon,   wrapped the building in reflective glass  and sold it as advertisement space. In 2011, reports surfaced that the Harmon would  not survive an earthquake, and would collapse   due to structural problems if there ever was  one. In response, MGM announced the demolition   of the building. Due to the proximity of  other buildings close to the skyscraper,   the building was dismantled floor by floor  rather than being imploded. This process   began in June of 2014 and was completed in 2015.  Dismantling cost around $170 million and in total,   The Harmon cost MGM over $450 million. It was  never used or opened to the public due to the   extreme structural issues, and the dismantling  process took nearly a year to complete on its own. Do you know of similar expensive megaprojects  that didn’t turn out as planned? Let us know in   the comments below. If you enjoyed, make sure  to leave a like and subscribe to Top Luxury.   Thank you for watching, and  we’ll see you in the next video.
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Channel: Top Luxury
Views: 1,487,072
Rating: 4.6716185 out of 5
Keywords: top luxury, most expensive fails, expensive mistakes, most expensive mistakes ever made, megaprojects, expensive fails, most expensive, most expensive mistakes, construction, engineering, most expensive mistakes in all history, megaprojects in the world, failed construction projects, china abandoned cities, ghost town china, biggest construction fails, massive builds, liyang star city, millennium tower, millennium tower sinking, san francisco oakland bay bridge, harmon hotel, b1m
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Length: 13min 13sec (793 seconds)
Published: Mon Oct 04 2021
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