Hard Rock Cafe at Louisville's Fourth Street Live! entertainment district will close permanently after 16 years, Hard Rock International said this week in a news release. 

In a statement issued through a public relations agency, the Davie, Florida,-based corporation said it has decided not to renew the restaurant's expiring lease.

"Since opening the doors of Hard Rock Cafe Louisville in 2004, Hard Rock International has enjoyed serving the Louisville community and playing a role in the city’s dining culture," the company said. "The brand remains committed to the city and is open to having another location within the market, if the right space can be identified."

Beam Suntory the parent company for Jim Beam said earlier this month that it would permanently close the Jim Beam Urban Stillhouse, a micro-distillery visitors attraction opened at Fourth Street Live! five years ago.

In June, Eddie Merlot's steakhouse, another Fourth Street Live! fixture, closed permanently.

Louisville Tourism estimates about $380 million was lost to convention cancellations in 2020 impacting the entire state of Kentucky.