Olympic Park Residential Tower Evacuation

Discussion in 'Property Market Economics' started by qak, 24th Dec, 2018.

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  1. qak

    qak Well-Known Member

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    Last edited: 24th Dec, 2018
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  2. GentleChief

    GentleChief Cash Flow Positive Business Member

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    News just in:

    Residents of the four-month-old Opal Tower apartment building at Sydney Olympic Park have been evacuated amid "cracking noises".

    An emergency operation launched on Monday afternoon is ongoing, with an exclusion zone set up that includes the train station....

    https://www.smh.com.au/national/nsw...ns-building-may-collapse-20181224-p50o4b.html

    opal-render-from-above.jpg

    Guess this news is going to bring a lot of disrepute to this Builder unfortunately...
     
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  3. Pete Arendt

    Pete Arendt Well-Known Member

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    Seems to be quite common these days:

    Kodo Apartments: Structural column cracks, workers evacuated - Jul 10, 2018.

    APRIL 11, 2018
    A COLUMN has cracked on the $100 million Kodo Apartment tower site, forcing the evacuation of hundreds of workers and raising fears about the building’s structural integrity.

    Construction of the Kerry Stokes-backed tower site on Angas St was suspended on Friday after a worker discovered a precast structural column on the sixth floor had cracked.


     
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  4. Marg4000

    Marg4000 Well-Known Member

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    Seems most measures being taken are sensible precautions.
    Cause of reported noises is yet to be determined.
    Marg
     
  5. Noobieboy

    Noobieboy Well-Known Member

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    Sydney property is literally cracking :D:D:D

    In all seriousness. Only shows that Australians err on safe side. Kudos to them for not ignoring it and investigating. Could be just wind...
     
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  6. hammer

    hammer Well-Known Member

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    My list of "reasons not to buy highrise" just got a little longer.....
     
  7. The Y-man

    The Y-man Moderator Staff Member

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    Damn, I hope it's a false alarm..... the architects are an important key tenant in one of the REITs I have money in.....

    The Y-man
     
  8. Trainee

    Trainee Well-Known Member

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    Are there still units being built/sold there? It still has a sales office.
     
  9. Pete Arendt

    Pete Arendt Well-Known Member

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    • Electricity, gas and water has now been cut to the building.
    • Apparently there is significant structural movement on the 12 and 13th floors.
    • Residents reported doors wouldn't close days ago. "A few days ago the doors looked different. Like they couldn't close properly. And you do feel it [movement] sometimes when there's strong wind."
    • After the bang today, doors are jammed shut and Police Rescue is working though knocking down doors to free the trapped.
     
  10. GentleChief

    GentleChief Cash Flow Positive Business Member

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    Can't blame the developer if the Underground tunneling for Sydney trains has anything to do with it?
     
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  11. qak

    qak Well-Known Member

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    I haven't heard anything about this, is this from a news article?
     
  12. Trainee

    Trainee Well-Known Member

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    Happening live right now.
     
  13. Scott No Mates

    Scott No Mates Well-Known Member

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    When I heard the reporter noting the 'cracking noises' I was perplexed sad to what's a 'cracking noise' vs a pretty 'ordinary noise'.

    On a serious note, has a post-tensioning cable given up the tension?
     
  14. gman65

    gman65 Well-Known Member

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    Doesn't sound too good.. full evacuation of a 392 apartment Sydney residential block due to "cracking noises"..

    With the rush to build so many apartments over the last 5 years, many corners being cut it seems.. Inflammable cladding, cracking in buildings after only a few years, people signing up for one thing off the plan and getting another - it's all starting to come out.

    ...
    https://www.smh.com.au/national/nsw...ns-building-may-collapse-20181224-p50o4b.html
     
  15. datto

    datto Well-Known Member

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    Imagine if it was just someone with a "cracking noise machine" that was cranked up too high.

    I heard on the news that the building has moved 2mm. Surely that's within tolerance.
     
  16. marty998

    marty998 Well-Known Member

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    Same tower which had that dodgy broker selling ANZ loans to buyers in China with fraudulent docs?

    No such thing as coincidences :eek:
     
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  17. sash

    sash Well-Known Member

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    Word around the traps is you Datto are going around makin the cracking so youse could pick up some bargins in ole Olympic Park. .

     
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  18. willair

    willair Well-Known Member Premium Member

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    2mm nothing to worry about ..
    [​IMG]
     
  19. TMNT

    TMNT Well-Known Member

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    Im sure everyone is insured but whos shoulders would the ultimate responsibility fall upon?
     
  20. Cat

    Cat Well-Known Member

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    It’s on the builders shoulders - if it’s underengineered then they could go engineer insurance. Either way the only people that win in this are the lawyers.