Bankruptcy Filing Halts Dickinson Avenue Facelift Project
Contractor JSmith Civil, LLC has filed for Chapter 11 bankruptcy, citing debts between $10 million and $50 million. The company was responsible for a $15.7 million project to upgrade a section of Dickinson Avenue in Greenville, North Carolina. Construction began a year ago but came to a halt in April, leading the Department of Transportation to declare the company in default of its contract. The DOT is now working with a bonding company to find a new contractor to complete the project, which has been a focus of revitalization efforts for the past decade. The bankruptcy's impact on the project's completion timeline is yet to be determined.