Core Viewpoint - Safe and Green Development Corporation has achieved a significant milestone by completing 50% of its Sugar Phase I project in South Texas, which is crucial for its strategy to deliver high-quality single-family homes in growing communities [1][3][5]. Project Progress - The Sugar Phase I project is now halfway through construction and is on track for completion before the end of 2024, reinforcing the company's commitment to meeting housing demands [3][5]. - The company plans to launch a marketing campaign to sell the homes in the Sugar Phase I project, utilizing its proprietary digital platform to enhance the homebuying process [4][5]. Company Strategy - The company focuses on developing innovative housing solutions using purpose-built, prefabricated modules made from wood and steel, aiming to create strong and green single or multifamily projects across various income and asset classes [6]. - A majority-owned subsidiary, Majestic World Holdings LLC, has developed a real estate AI platform designed to decentralize the real estate marketplace, integrating various stakeholders into a structured AI-driven environment [6].
Safe and Green Development Corporation Reaches 50% Completion Milestone for Sugar Phase I Project