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Stock impact report

Safe and Green Development Corporation to Develop An Eco Friendly Retail Outlet on 18-Acre Property through Joint Venture

Safe and Green Development Corporation (SGD) 
Company Research Source: PR Newswire
MIAMI, Sept. 4, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco or the "Company"), a leading real estate and technology development company, today announced a new joint venture with Properties by Milk & Honey LLC ("Milk & Honey"), a Texas-based real estate development firm. The joint venture, named Pulga Internacional LLC, will focus on the development and construction of an eco-friendly retail outlet on an 18-acre property in Palmview, Texas.The 18-acre property, which will be conveyed by Milk & Honey to Pulga Internacional LLC, will be converted into an eco-friendly retail outlet using shipping containers."We are excited to partner with Milk & Honey on this innovative project," said David Villarreal, CEO of SG Devco. "This joint venture aligns with our commitment to sustainable eco-friendly development projects and our vision of creating versatile, community-oriented spaces. By repurposing shipping containers, we are not only minimizing waste but Show less Read more
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