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Bank sues Dumplin Creek developer | Business

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Bank sues Dumplin Creek developer
Bank sues Dumplin Creek developer

An East Tennessee bank is suing the developer of a stalled Sevier County shopping center.

Dumplin Creek Shopping Center remains unfinished, years after initial plans began.

If completed, it would look a lot like Turkey Creek in West Knoxville. 

Now, Sevier County Bank is suing John Turley, the developer behind the project.

According to the suit, the bank made two loans back in 2007 to Turley's company, Kodak Land.  One for $20-million dollars, the other for $5-million dollars.

The bank claims Turley has failed and refused to pay back those loans.  Now, it's suing to get back the loan amounts, plus interest.

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