Current:Home > MyA hurricane-damaged Louisiana skyscraper is set to be demolished Saturday -Excel Money Vision
A hurricane-damaged Louisiana skyscraper is set to be demolished Saturday
View
Date:2025-04-13 04:59:12
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! (16138)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- At least 18 dead in a shelling of a market in Russian-occupied Ukraine, officials report
- Endangered Whale ‘Likely to Die’ After Suspected Vessel Strike. Proposed NOAA Rules Could Prevent Future Collisions, Scientists Say
- More searching planned at a Florida Air Force base where 121 potential Black grave sites were found
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Walmart managers to earn at least $128,000 a year in new salary program, company announces
- Ravens vs. Texans highlights: Lamar Jackson leads Baltimore to AFC championship game
- Sen. Tim Scott to endorse Trump at New Hampshire rally on Friday, days before crucial primary
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Mourners fill church to remember the Iowa principal who risked life to save kids in school shooting
Ranking
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- A century after Lenin’s death, the USSR’s founder seems to be an afterthought in modern Russia
- Jordan Love’s strong 1st season as Packers QB ends with disappointing playoff loss
- These home sales in the US hit a nearly three-decade low: How did we get here?
- The Daily Money: Spending more on holiday travel?
- 13 students reported killed in an elementary school dorm fire in China’s Henan province
- Holly Madison Reveals Why Girls Next Door Is Triggering to Her
- Islanders fire coach Lane Lambert, replace him with Patrick Roy
Recommendation
The Best Stocking Stuffers Under $25
An explosive case of police violence in the Paris suburbs ends with the conviction of 3 officers
Social media and a new age of cults: Has the internet brought more power to manipulators?
These Valentine’s Day Deals From Nordstrom Rack Will Get Your Heart Racing
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Christian McCaffrey’s 2nd TD rallies the 49ers to 24-21 playoff win over Jordan Love and the Packers
Todd Helton on the cusp of the Baseball Hall of Fame with mile-high ceiling broken
Parents of Mississippi football player who died sue Rankin County School District