The Noisette Company has been slammed with a $23.8 million foreclosure lawsuit from three loan companies who were backing a majority of the development project in the Navy Yard.

The Charleston Regional Business Journal has the full story on what could be the end of the Noisette Company's sustainable community project.

Update June 9: The Post and Courier has added an extended write-up, in it the discussion turns to how some of Noisette's land would also be used for a controversial North Charleston rail yard.