Safe and Green Development Corporation Provides Expected Timeline for Joint Venture Development Portfolio
Safe and Green Development (NASDAQ: SGD) has outlined its development timeline for joint venture projects in Southern Texas from 2025 to 2027. Key developments include:
In 2025, SGD plans to complete 35 homes in Sugar Developments and finish sitework for 57 lots at Hacienda Olivia Phase II, with 20 homes planned for construction, targeting approximately 55 total home deliveries. Sitework for Hacienda Olivia Phase IV (113 lots) will begin in Q1 2025.
For 2026, the company aims to complete 37 homes in Hacienda Olivia Phase II and deliver 35 homes in Phase IV, targeting 72 total deliveries. Sitework for Phase III (77 lots) will commence in Q1 2026.
In 2027, SGD expects to complete 78 homes in Phase IV and deliver 22 homes in Phase III, targeting approximately 100 home deliveries.
Safe and Green Development (NASDAQ: SGD) ha delineato la sua timeline di sviluppo per i progetti di joint venture nel sud del Texas dal 2025 al 2027. Sviluppi chiave includono:
Nel 2025, SGD prevede di completare 35 abitazioni nei Sugar Developments e di terminare i lavori di preparazione per 57 lotti presso Hacienda Olivia Fase II, con 20 abitazioni previste per la costruzione, puntando a circa 55 consegne totali di case. I lavori per Hacienda Olivia Fase IV (113 lotti) inizieranno nel primo trimestre del 2025.
Per il 2026, l'azienda mira a completare 37 abitazioni nella Fase II di Hacienda Olivia e a consegnare 35 abitazioni nella Fase IV, con un obiettivo di 72 consegne totali. I lavori per la Fase III (77 lotti) inizieranno nel primo trimestre del 2026.
Nel 2027, SGD prevede di completare 78 abitazioni nella Fase IV e di consegnare 22 abitazioni nella Fase III, puntando a circa 100 consegne di case.
Safe and Green Development (NASDAQ: SGD) ha delineado su cronograma de desarrollo para proyectos de joint venture en el sur de Texas desde 2025 hasta 2027. Los desarrollos clave incluyen:
En 2025, SGD planea completar 35 viviendas en Sugar Developments y finalizar los trabajos del sitio para 57 lotes en Hacienda Olivia Fase II, con 20 viviendas previstas para construcción, buscando aproximadamente 55 entregas totales de viviendas. Los trabajos del sitio para Hacienda Olivia Fase IV (113 lotes) comenzarán en el primer trimestre de 2025.
Para 2026, la empresa pretende completar 37 viviendas en Hacienda Olivia Fase II y entregar 35 viviendas en la Fase IV, con un objetivo de 72 entregas totales. Los trabajos para la Fase III (77 lotes) comenzarán en el primer trimestre de 2026.
En 2027, SGD espera completar 78 viviendas en la Fase IV y entregar 22 viviendas en la Fase III, con un objetivo de aproximadamente 100 entregas de casas.
세이프 앤 그린 개발(SAFE AND GREEN DEVELOPMENT) (NASDAQ: SGD)은 2025년부터 2027년까지 텍사스 남부의 합작 투자 프로젝트에 대한 개발 일정을 제시했습니다. 주요 개발 사항은 다음과 같습니다:
2025년, SGD는 슈거 개발에서 35개의 주택을 완공하고 하시엔다 올리비아 2단계의 57개 부지 공사를 마무리할 계획이며, 20개의 주택 건설을 목표로 하여 총 약 55개의 주택 배송을 목표로 하고 있습니다. 하시엔다 올리비아 4단계(113개 부지)에 대한 공사는 2025년 1분기에 시작됩니다.
2026년에는, 회사는 하시엔다 올리비아 2단계에서 37개의 주택을 완공하고 4단계에서 35개의 주택을 배송할 계획이며, 총 72개의 배송을 목표로 하고 있습니다. 3단계(77개 부지)에 대한 공사는 2026년 1분기에 시작됩니다.
2027년에는, SGD는 4단계에서 78개의 주택을 완공하고 3단계에서 22개의 주택을 배송할 것으로 예상하며, 총 약 100개의 주택 배송을 목표로 하고 있습니다.
Safe and Green Development (NASDAQ : SGD) a esquissé son calendrier de développement pour les projets de coentreprise dans le sud du Texas de 2025 à 2027. Les principaux développements incluent :
En 2025, SGD prévoit de terminer 35 maisons dans les Sugar Developments et de finaliser les travaux de site pour 57 lots à Hacienda Olivia Phase II, avec 20 maisons prévues pour la construction, visant environ 55 livraisons de maisons au total. Les travaux de site pour Hacienda Olivia Phase IV (113 lots) commenceront au premier trimestre 2025.
Pour 2026, l'entreprise vise à compléter 37 maisons dans la Phase II de Hacienda Olivia et à livrer 35 maisons dans la Phase IV, ciblant 72 livraisons au total. Les travaux pour la Phase III (77 lots) débuteront au premier trimestre 2026.
En 2027, SGD s'attend à terminer 78 maisons dans la Phase IV et à livrer 22 maisons dans la Phase III, visant environ 100 livraisons de maisons.
Safe and Green Development (NASDAQ: SGD) hat seinen Entwicklungszeitplan für Joint-Venture-Projekte im südlichen Texas von 2025 bis 2027 skizziert. Wichtige Entwicklungen umfassen:
Im Jahr 2025 plant SGD, 35 Häuser in den Sugar Developments abzuschließen und die Baustelle für 57 Parzellen in Hacienda Olivia Phase II abzuschließen, mit 20 geplanten Häusern für den Bau und einer Zielvorgabe von insgesamt etwa 55 Hauslieferungen. Die Baustelle für Hacienda Olivia Phase IV (113 Parzellen) wird im ersten Quartal 2025 beginnen.
Für 2026 zielt das Unternehmen darauf ab, 37 Häuser in Hacienda Olivia Phase II abzuschließen und 35 Häuser in Phase IV zu liefern, mit dem Ziel von 72 Gesamtablieferungen. Die Arbeiten für Phase III (77 Parzellen) werden im ersten Quartal 2026 beginnen.
Im Jahr 2027 erwartet SGD, 78 Häuser in Phase IV abzuschließen und 22 Häuser in Phase III zu liefern, mit dem Ziel von etwa 100 Hauslieferungen.
- Progressive increase in annual home delivery targets: 55 homes in 2025, 72 in 2026, and 100 in 2027
- Structured development pipeline with multiple phases ensuring continuous growth
- Total development portfolio of over 220 homes across multiple projects
- Extended timeline for project completion spanning multiple years
- Heavy concentration of developments in Southern Texas region, limiting geographical diversification
Insights
This development timeline reveals a carefully structured three-year growth strategy that could significantly enhance SGD's market position. The progression from 55 homes in 2025 to 72 homes in 2026 and 100 homes in 2027 demonstrates an ambitious
The sequential development strategy minimizes capital strain while maintaining steady revenue growth. This approach allows for cash flow from earlier phases to partially fund subsequent developments, reducing external financing needs. The planned overlapping of phases - starting new sitework while completing existing homes - suggests efficient resource utilization and potential economies of scale. However, investors should note that execution risks increase with scale, particularly in managing multiple simultaneous projects.
In simpler terms: Think of this as a domino effect where each completed home helps fund the next development phase, creating a self-sustaining growth cycle. It's like planting seeds in a garden at different times to ensure continuous harvests throughout the growing season.
The geographic concentration in Southern Texas represents both opportunity and risk. The region's strong population growth and relatively affordable housing market support demand fundamentals. However, the 227 total homes planned across multiple developments over three years will test the local market's absorption capacity. The gradual ramp-up in delivery volume suggests management's awareness of market dynamics and capacity constraints.
The mention of potential expansion into Oklahoma and Georgia indicates strategic diversification plans, though these remain secondary to the core Texas operations. The planned delivery schedule aligns with current market trends showing sustained demand for entry-level housing, particularly in high-growth sunbelt markets. Given SGD's
For the average investor: This is like a restaurant chain that's proven successful in one location and is now gradually expanding - first perfecting operations in their primary market before branching out to new territories.
2025
The Company expects to complete all 35 homes in the Sugar Developments throughout 2025. Additionally, the sitework for the 57 lots at Hacienda Olivia Phase II will be completed in the first quarter of 2025. The Company then expects to build the first 20 homes of that development throughout the rest of the year. The goal for homes delivered in 2025 will be approximately 55 homes. In Q1 2025, the Company will begin the sitework for Hacienda Olivia Phase IV for a total of approximately 113 lots with completion of the sitework expected in early 2026.
2026
The Company expects to complete the remaining 37 homes from the Hacienda Olivia Phase II development throughout 2026. SGD expects to deliver 35 homes from the Hacienda Olivia Phase IV development throughout the year. The goal for homes delivered in 2026 is approximately 72 homes. Like the previous year, the Company will begin sitework on Hacienda Olivia Phase III for 77 lots in Q1 of 2026.
2027
The Company expects to complete the remaining 78 homes from the Hacienda Olivia Phase IV development throughout 2027. The Company will also look to deliver 22 homes from the Hacienda Olivia Phase III development throughout the year. The goal for homes delivered in 2027 is approximately 100 homes.
About Safe and Green Development Corporation (SG Devco)
Safe and Green Development Corporation is a real estate development company. Formed in 2021, it focuses on the development of sites using purpose-built, prefabricated modules built from both wood and steel. The thesis of development is to build strong, innovative and green, single or multifamily projects across all income and asset classes. Additionally, a majority owned subsidiary of SG DevCo, Majestic World Holdings LLC, is a prop-tech company that has created a real estate AI Platform. The Platform aims to decentralize the real estate marketplace, creating an all-in-one solution that brings banks, institutions, home builders, clients, agents, vendors, gig workers, and insurers into a seamlessly integrated and structured AI-driven environment. MyVONIA Innovations LLC, a wholly own subsidiary, is the owner of MyVONIA which is an AI-powered personal assistant designed to help simplify daily tasks and improve productivity for individuals and businesses. MyVONIA aims to assist with managing both personal and professional tasks
Safe Harbor Statement
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. All statements other than statements of historical fact are or may be deemed to be forward-looking statements. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates" and similar expressions and include statements regarding completing joint venture developments in Southern Texas continuing to expand the Company's portfolio of joint ventures and initiating development on existing joint venture properties in
These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, and expected future developments, as well as other factors we believe are appropriate in the circumstances. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company's ability to deliver and sell finished homes for its various joint venture properties as planned, the Company's ability to expand its portfolio of joint venture investments the Company's ability to create an all-in-one solution that brings banks, institutions, home builders, clients, agents, vendors, gig workers, and insurers into a seamlessly integrated and structured AI-driven environment, the Company's ability to obtain the capital necessary to fund its activities, the Company's ability to monetize its real estate holdings, and other factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and its subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.
For investor relations and media inquiries, please contact:
Barwicki Investor Relations
Andrew@Barwicki.com
516-662-9461
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SOURCE Safe and Green Development Corporation
FAQ
How many homes will SGD deliver in 2025?
What is the development timeline for Hacienda Olivia Phase IV?
How many total lots are planned for Hacienda Olivia Phase III and IV?
What is SGD's total home delivery target for 2027?
When will the sitework for Hacienda Olivia Phase II be completed?
