Safe and green development corporation inks preliminary purchase commitment up to $2.8m for south texas project

Miami , oct. 9, 2024 /prnewswire/ -- safe and green development corporation (nasdaq: sgd) ("sg devco" or the "company") a leading real estate development company focused on sustainable and eco-friendly projects, is pleased to announce that it has accepted a preliminary binding purchase commitment from trio, as program administrator for choctaw american insurance, inc. ("choctaw"), for its development project in south texas. the sale of the first 5 homes, referenced in the commitment, is expected to generate approximately $1,000,000 dollars in revenue for the company.
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