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WATCH: Hurricane-damaged Hertz Tower implodes in Lake Charles, Louisiana
Posted
September 7, 2024
Views
34,206
Likes
234
Comments
103
Engagement
0.99%
September 7, 2024
34,206
234
103
0.99%
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1:07Now PlayingSpectators watched as an abandoned, 22-story building in Lake Charles, Louisiana was imploded Saturday after sitting vacant for nearly four years.
The Hertz Tower — once an icon in the city that became a symbol of destruction from hurricanes Laura and Delta — crashed down in a matter of seconds after a demolition crew set off a series of explosions inside.
The tower fell in a large cloud of dust into a pile about five stories high.
The building, formerly known as the Capital One Tower, had 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 was 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.
#hertztower #louisiana #capitalonetower
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