The developers of a Hollywood skyscraper have agreed to dig a trench to determine whether an earthquake fault runs beneath the site slated for the project.
The Los Angeles Times reported that New York-based Millennium Partners will dig at the request of the city.
State geologist John Parrish has said strands of the Hollywood fault appear to run beneath the proposed skyscraper site. Parrish says he considers the fault active and capable of producing a devastating earthquake.
Philip Aarons, one of Millennium’s founding partners, says the developers have no interest in building on a fault.
The Millennium project would build two towers of 39 and 35 stories near the Capitol Records building, creating more than 1 million square feet of apartment, office, hotel and retail space.
Was this article valuable?
Here are more articles you may enjoy.
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates
New York Taxi Insurer Failed to Defend Uber in Crash Cases, Judge Says
Marsh, Aon in Talks With US on Insuring Tankers in Hormuz
Travelers Stranded by War Learn Insurance Won’t Cover Flight Cancellations 

