Safe and Green Development Corporation Completes Site Work & Receives Permits to Begin Construction in South Texas
SG DevCoSG DevCo(US:SGD) Prnewswire·2024-10-15 12:55

Core Insights - Safe and Green Development Corporation has completed all site work for the first phase of its Sugar Phase I project in South Texas, marking a significant milestone for the company [1][2][4] - The company expects to deliver the first phase of homes, totaling 35 units, by Q1 2025 and plans to sell all homes to Trio, the Program Administrator for Choctaw American Insurance, Inc., within that quarter [3][4] Company Overview - Safe and Green Development Corporation, formed in 2021, focuses on developing real estate using purpose-built, prefabricated modules made from wood and steel, aiming to create strong, innovative, and green housing projects across various income and asset classes [4] - The company also has a majority-owned subsidiary, Majestic World Holdings LLC, which has developed a real estate AI platform designed to decentralize the real estate marketplace, integrating various stakeholders into a structured AI-driven environment [4] - MyVONIA Innovations LLC, a wholly owned subsidiary, offers an AI-powered personal assistant aimed at simplifying daily tasks and enhancing productivity for individuals and businesses [4]