Condominium hit with excessive implosion insurance set to be dismantled instead.
After all the money spent on asbestos tests to ensure that 1515 in West Palm Beach could be safely imploded, it doesn’t look like there will be an implosion after all.
Last week, Trinity Development said that the city’s request for $50 million of insurance coverage to implode the 30-story eyesore was excessive.
Now, it looks like Trinity won’t give in. Officials from Trinity called the city today, asking what it would take to demolish the building with a conventional wrecking ball. Doug Wise of the city’s constructions service department said Trinity only needs to put the request in writing, which it could do tomorrow. A permit could then be issued in 48 hours.
Taking the hurricane-ravished building down by wrecking ball could take a month, instead of the two seconds it takes to implode.
Further details here.
