The Dockside Condominiums association in downtown Charleston, South Carolina, filed for bankruptcy amid nearly $14 million in debt, primarily from demolition and cleanup costs. Residents evacuated the building in February 2025 due to structural concerns, prompting lawsuits against Dockside for failing to disclose the issues in leases.​
Bankruptcy Details
The filing lists overwhelming debts tied to the expensive demolition process after the evacuation, highlighting financial strain on the condo complex’s oversight body. This case reflects broader challenges in aging coastal properties facing structural failures.​
Resident Lawsuits
Homeowners pursued legal action, alleging the building was not structurally sound and that risks were concealed during leasing, exacerbating the fallout from the evacuation. The bankruptcy complicates recovery efforts for affected parties in the Lowcountry area.​
