After two accidents in one month at the site of a future Hard Rock hotel in New Orleans, the company's leader is clarifying its role in the construction.
"We were not the owner or the developer of the site itself," Jim Allen, chairman of Hard Rock International and CEO of Seminole Gaming, told Cheddar Monday. "It was one of our licensees. But certainly we were excited about creating a new Hard Rock Hotel in New Orleans."
Three workers were killed when parts of the upper floors collapsed October 12. On Sunday, the attempted demolition of two cranes on site left one dangling over a city street.
"Our prayers are with the families of the victims and also all the businesses surrounding the site itself, because the ripple effect here has been much more than most people realize," Allen said.
He added Hard Rock has been in the New Orleans market for decades, with its restaurant on famed Bourbon Street, and the company will work with the city and developers to "navigate through this rather challenging time."
Meanwhile, the brand is preparing to open the world's first guitar-shaped hotel in Florida Thursday: the Seminole Hard Rock Hotel & Casino Hollywood, a $1.5 billion project.
Part of the new resort is the $125 million Hard Rock Live entertainment venue, totaling 225,000 square feet for major performances. Maroon 5 will perform on the new stage Friday.
Other features of the flagship casino resort include entertainment, extensive gaming, a spa, fitness center, and more.
Jay Woods of Freedom Capital Markets shares thoughts on how the latest inflation report will impact the market, and why he expects a ‘cascade’ of IPOs if Reddit’s public debut goes well.
During AT&T's widespread outage Thursday, landline phones were a working alternative — which most of the U.S. does not have. Over half of Americans are estimated to have ditched landlines altogether.
Jade Kearney Dube, Founder & CEO of She Matters talks the Symptom Tracker app, cultural competency for healthcare providers, and being a Black woman CEO looking for funding.
Ahead of April’s planned BitCoin halving, Bitfarms CEO Geoff Morphy shares why he thinks the crypto rally will continue, plus why you’ll see a broader adoption of clean energy for mining.
Did you know there's a big difference between a dude ranch and a working cattle ranch? Check out the new generation of ranches, and live out your cowboy dreams.
Lara Rhame, FS Investments chief U.S. economist, discusses the recent market highs, how the job market is in a ‘good place,’ and why rates staying higher for longer might not be a bad thing.
