Hard Rock Park in Myrtle Beach, SC, up for auction

MYRTLE BEACH, S.C. (Asheville CITIZEN-TIMES.com) – The auction of the $400 million Hard Rock Park in Myrtle Beach is under way, but even if a buyer is identified this week, it is doubtful the park will be able to reopen next year, the state's tourism chief said.

The 55-acre park, which opened in April, is being sold as part of the bankruptcy case of its owner, RPH Myrtle Beach Holdings LLC.

Chad Prosser, director of South Carolina's Parks Recreation and Tourism Department, said Monday he thinks the $35 million minimum bid for the park may be a stumbling block for potential buyers.