Safe and Green Holdings Corp (SGBX)

[georgie18]

SGBX...$5.25...in the P/M...NEW YORK--(BUSINESS WIRE)-- SG Blocks, Inc. (NASDAQ: SGBX) (“SG Blocks” or the “Company”), a leading designer, innovator and fabricator of container-based structures, announced today that its wholly owned subsidiary, SGB Development Corp., has executed a contract to acquire and develop an approximately 7-acre site in Austin, Texas, which is expected to yield a maximum of 225 condo units that will be sold at market rates. The project is “as of right” and is anticipated to start in Q3 2021 after the planning and approval process.

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