Current:Home > InvestA hurricane-damaged Louisiana skyscraper is set to be demolished Saturday -Global Capital Summit
A hurricane-damaged Louisiana skyscraper is set to be demolished Saturday
View
Date:2025-04-28 12:33:19
BATON ROUGE, La. (AP) — An abandoned, 22-story building in Lake Charles, Louisiana — once an icon in the city that became a symbol of destruction from hurricanes Laura and Delta — is scheduled to be demolished Saturday after sitting vacant for nearly four years.
Weather permitting, the implosion of The Hertz Tower will take place around 8 a.m. (CT). The tower is expected to collapse down to four or six stories, according to the city’s website.
The building, formerly known as the Capital One Tower, has been a dominant feature of the city’s skyline for more than four decades. However, after a series of hurricanes ripped through southwest Louisiana in 2020, the building became an eyesore, its windows shattered and covered in shredded tarps.
For years the owners of the building, the Los Angeles-based real estate firm Hertz Investment Group, promised to repair the structure once they settled with their insurance provider Zurich in court, The Advocate reported. The estimated cost of bringing the building back up to code was $167 million. Eventually, the two parties settled for an undisclosed amount.
The demolition is being funded by $7 million in private money secured by the city. Hertz still owns the property and the future of the site is undetermined, according to the city.
Lake Charles Mayor Nic Hunter described the planned implosion of the building as “bittersweet.”
“I know how hard the city tried to work with several development groups to see it saved, but ultimately ... it proved to be too tall a task,” said Hunter, who was in office during the hurricanes. “At this juncture, I am ready for a resolution. It’s been four years. It’s been long enough.”
Lake Charles, which sits on the banks of the Calcasieu River and is a two hours’ drive from Houston, is home to around 80,000 residents. While the city is known for its copious amounts of festivals, bayous, casinos and its Cajun flair, it also has been labeled by the Weather Channel as America’s “most-weather battered city.”
Hurricane Delta crashed ashore in southern Louisiana in October 2020 just six weeks after Laura took a similar, destructive path onto the U.S. Gulf Coast. At the time, Lake Charles was already reeling from damage caused by Laura, which battered roofs, claimed more than 25 lives in the region and left mud and debris filling streets.
The Hertz tower offers an example of the city’s long road to recovery following back-to-back hurricanes that inflicted an estimated $22 billion in damage, according to the National Hurricane Center.
While there are signs of rebuilding and growth in much of Lake Charles, there are still buildings that remain in disarray and residents living in the same conditions as four years ago — waiting for financial relief to rebuild their homes, looking for affordable housing after the hurricanes’ destruction exacerbated the housing crisis or stuck in court with their insurance provider to get a fair payout.
veryGood! (63)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- 10 years later, a war-weary Ukraine reflects on events that began its collision course with Russia
- OSHA finds plant explosion that killed 1 person could have been prevented
- Rosalynn Carter’s advocacy for mental health was rooted in compassion and perseverance
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Precious water: As more of the world thirsts, luxury water becoming fashionable among the elite
- 3 teen girls plead guilty, get 20 years in carjacking, dragging death of 73-year-old woman
- Make Thanksgiving fun for all: Keep in mind these accessibility tips this holiday
- Current, future North Carolina governor’s challenge of power
- Cara Delevingne Says BFF Taylor Swift’s Relationship With Travis Kelce Is Very Different
Ranking
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Sheetz gas prices for Thanksgiving week: $1.99 a gallon deal being offered to travelers
- Taylor Swift fan dies at Rio concert amid complaints about excessive heat
- Boat crammed with Rohingya refugees, including women and children, sent back to sea in Indonesia
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- US auto safety regulators reviewing some Hyundai, Kia recalls
- California Highway Patrol officer fatally shoots man walking on freeway, prompting investigation
- Cara Delevingne Says BFF Taylor Swift’s Relationship With Travis Kelce Is Very Different
Recommendation
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
State hopes to raise $1M more for flood victims through ‘Vermont Strong’ license plates, socks
Black Friday shopping sales have started. Here's what you need to know.
Fantasy football buy low, sell high Week 12: 10 players to trade this week
Trump wants to turn the clock on daylight saving time
TGL pushes start date to 2025 due to recent stadium issue
Companies are stealthily cutting benefits to afford higher wages. What employees should know
Napoleon's bicorne hat sold at auction for a history-making price