Current:Home > NewsA hurricane-damaged Louisiana skyscraper is set to be demolished Saturday -TruePath Finance
A hurricane-damaged Louisiana skyscraper is set to be demolished Saturday
View
Date:2025-04-17 01:07:50
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! (4)
Related
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Horoscopes Today, September 29, 2024
- How Halloweentown’s Kimberly J. Brown and Costar Daniel Kountz Honored the Movie at Their Wedding
- Sam Schmidt opens paralysis center in Indianapolis to rehabilitate trauma victims
- Trump invites nearly all federal workers to quit now, get paid through September
- The grace period for student loan payments is over. Here’s what you need to know
- Son treks 11 miles through Hurricane Helene devastation to check on North Carolina parents
- Hurricane Helene’s victims include first responders who died helping others
- Buckingham Palace staff under investigation for 'bar brawl'
- 'Deep frustration' after cell phone outages persist after Hurricane Helene landfall
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Chinese and Russian coast guard ships sail through the Bering Sea together, US says
- Dockworkers go on a strike that could reignite inflation and cause shortages in the holiday season
- Proof Gabourey Sidibe’s 5-Month-Old Twin Babies Are Growing “So Big So Fast”
- B.A. Parker is learning the banjo
- The Latest: VP candidates Vance and Walz meet in last scheduled debate for 2024 tickets
- Pumpkin spice fans today is your day: Celebrate National Pumpkin Spice Day
- Historic ship could soon become the world’s largest artificial reef
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
What should I do when an employee's performance and attitude decline? Ask HR
Dating today is a dumpster fire. Here’s a guide to viral toxic terms.
Sean Diddy Combs Accused of 120 New Sexual Assault Cases
Sam Taylor
Travis Kelce Shows Off His Hosting Skills in Are You Smarter Than a Celebrity? Trailer
Hailey Bieber Pays Tribute to Late Virgil Abloh With Behind-the-Scenes Look at Her Wedding Dress
Sydney Sweeney's Expert Tips to Upgrade Your Guy's Grooming Routine