SG Blocks Signs Agreement With Developer for Container Park

JACKSONVILLE, Fla.–(BUSINESS WIRE)–SG Blocks, Inc. (NASDAQ: SGBX), a leading developer, designer, and fabricator of modular structures, announced today that it has sold three 40’ containers to a private developer seeking to build a container park in Lake City, Florida. The square footage of the sale in its entirety is roughly 960 square feet.

The container park plans to feature entertainment as well as an assortment of food trucks and alcohol vendors. The client aims to make an impact in Northern Florida with a community-driven, family-owned business.

“We are always proud to support small businesses, especially in the State of Florida,” Paul Galvin, Chairman and CEO of SG Blocks explained. “Containers make for excellent entertainment venues with their flexibility, scalability and adaptability.”

“Our mission is to build a food truck container park that will provide family-friendly entertainment and attract visitors in the Lake City, Florida, area,” Michael Woods, private developer, noted.

SG Echo plans to complete the GreenSteel and deliver the containers in December of 2022.

About SG Blocks, Inc.
SG Blocks, Inc. is a leading developer, designer, and fabricator of modular structures, meeting the growing demand for safe and green construction. The firm offers a product that exceeds many standard building code requirements, and also supports developers, architects, builders and owners in achieving faster execution, greener construction, and buildings of higher value. The Company creates purpose built, pre-fabricated modules from wood, steel, and shipping containers into supreme structures. For more information, visit www.sgblocks.com.