The Dockside Association in Charleston, South Carolina, filed for Chapter 11 bankruptcy on December 29, 2025, amid ongoing structural issues that forced resident evacuation nearly a year earlier. This filing lists nearly $14 million in debt, primarily from demolition and cleanup costs estimated at around $11 million.​
Timeline of Events
Residents evacuated the 18-19 story tower and adjacent townhomes on February 28, 2025, after engineers deemed the base structurally unsound and at risk of collapse. Repair costs were estimated at $151 million in June 2025, leading owners to vote against repairs in August 2025 to pursue a sale. The property remains vacant, with residents only allowed to retrieve belongings.​
Bankruptcy Details
The Chapter 11 filing in South Carolina Bankruptcy Court (Case #2:25-bk-05115) aims to facilitate a property sale in the best interests of the association, members, and employees. No funds exist for repairs or demolition without creditor proceedings.​
Legal Challenges
Condo owners sued the association in October 2025, alleging prior knowledge of structural risks without disclosure. Earlier lawsuits in August sought re-entry permission, but access remains restricted.​
Current Status
No clear path forward exists; the building stays uninhabitable pending bankruptcy outcomes and potential sale. Residents continue paying fees for unoccupied units.​
