Demolition of the ill-fated Kensington Manor apartment complex is set for completion this month, nearly three years after residents were rushed out of their homes over structural problems.
A council committee heard Tuesday that the work will come in around $400,000 less than the project’s $3-million budget.
But the city will recoup the cost of the teardown since the building, in the 300 block of 10th Street N.W., was privately owned. The owner had been ordered to remediate or demolish the building in 2018, but it sat vacant until the summer of 2019, and the city was spending about $18,000 per month to oversee its safety.
Council agreed to bring the seven-storey building under city management last year.
Mayor Naheed Nenshi said the city will get the money back either by putting it on the building owner’s tax bill or selling the lot — whether the owner puts it up for sale or the city sells it at auction.