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Stock impact report

Safe and Green Development Corporation Provides Construction Update on Sugar Phase I Project in South Texas

Safe and Green Development Corporation (SGD) 
Company Research Source: PR Newswire
MIAMI, Oct. 29, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company"), a real estate development company, announces the start of construction on its Sugar Phase I project in South Texas.Following the recent completion of all required site work and receipt of necessary elevation certificates and permits, SG Devco has officially broken ground on this first phase, which will consist of 5 single-family homes. This marks an important step forward for SG Devco's plan to bring high-quality housing to South Texas communities."Starting construction on Sugar Phase I is a pivotal moment for SG Devco," said David Villarreal, CEO of SG Devco. "We're excited to begin building homes that will meet the growing demand in South Texas and serve as a foundation for further developments in the area."With the foundation now poured, framing is expected to be completed later this week as construction progresses rapidly. A video showcasing the project's milest Show less Read more
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