MIAMI, Dec. 18, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SGD" or the "Company"), a real estate development company, is excited to share its 2024 Year In Review highlights, including the strategic sale of the St. Mary's property, the progress of the Sugar Phase I Development, the acquisition of additional single-family lots in South Texas and the closing of multiple construction loans.
A Message from CEO David Villarreal:
"We believe we have set the stage for rapid growth on a defined path throughout 2025 and beyond. We have executed contracts to strategically monetize several of our existing land holdings, which will eliminate high interest debt to allow us to pursue our growth strategy and focus on a more targeted footprint. We have a pipeline of approximately 250 single family home lots in the Rio Grande Valley and started construction on the first phase.
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