NEW ORLEANS – The developer of the collapsed Hard Rock Hotel is moving forward with a new plan for demolition.
In a statement, 1031 Canal Development LLC says an agreement with DH Griffin Wrecking Company to carry out an implosion fell through.
They say DH Griffin was not able to obtain the necessary $50 million insurance to cover damages from the demolition.
The developers say they now have a contract with Kolb Grading, another demolition contractor.
The new plan is a traditional demolition, which doesn’t require the insurance.
They are now waiting on the city to approve the demolition permit.