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Stock impact report

SG Residential Closes on First Project Site in Puerto Rico

Safe & Green Holdings Corp. (SGBX) 
NASDAQ:AMEX Investor Relations: ir.sgblocks.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--SG Blocks, Inc. (NASDAQ: SGBX), a leading designer, innovator and fabricator of container-based structures, continues to advance its agenda of delivering affordable housing and today announced that its licensee, SG Residential, has closed on the site and plans to commence construction of two projects in Puerto Rico to help address the housing crisis following Hurricane Maria in 2017.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200312005221/en/(Photo: Business Wire)SG Residential has acquired a development site in Guayama, Puerto Rico, where it expects by the end of Q1 2020 to commence work to complete and bring to market 55 concrete shells and construct 128 new three-bedroom, two-bathroom homes.SG Blocks has obtained the approval from the Commonwealth of Puerto Rico for use of its innovative, container-based product in Puerto Rico.“Our product offers an ideal environmental solution for the r Show less Read more
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