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Article: Effects of steel-frame building damage reverberate through quake zone; solutions depend on testing - and a modicum of luck. (Special Report: San Fernando Valley)
- Article from:
- Los Angeles Business Journal
- Article date:
- August 8, 1994
- Author:
CopyrightCOPYRIGHT 1994 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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When city engineers "yellow-tagged" the four-story Sherman Oaks Atrium office building after the Jan. 17 earthquake, rendering it uninhabitable, the building's Boston-based owner vowed to get it repaired and reopened promptly.
Despite extensive damage to 41 beam-column connections in the steel-framed building, TA Associates Realty succeeded in getting its building repaired within five months. The bill: Less than $2 million.
The 94,000-square-foot building at 15315 Magnolia Blvd. was "green-tagged" as safe for occupancy on June 14. A few days later, tenants began moving back in.
About the same time Atrium owners were celebrating the reopening, however, ...