BROOKLYN, N.Y.--(BUSINESS WIRE)--SG Blocks, Inc. (NASDAQ:SGBX), a leading designer, fabricator and innovator of container-based structures, announced today it has executed a $4.0 million contract to manufacture a boutique, mixed-use hospitality project with a leading Florida-based general contractor.

Located amongst the Everglades, plans for the development feature 24 hospitality units to be made available for guests, as well as a dining component all centered around a most beautiful setting.

The contract is expected to commence in August 2020 and to be completed in the first quarter of 2021.

“The design and location of the project are ideal for eco-chic hurricane resistant hospitality units. Our International Code Council approved containers create quite comfortable interiors while being fully resilient for life in coastal areas,” said SG Blocks Chairman & CEO Paul M. Galvin.

About SG Blocks, Inc.

SG Blocks, Inc. is a premier innovator in advancing and promoting the use of code-engineered cargo shipping containers for safe and sustainable construction. The firm offers a product that exceeds many standard building code requirements, and also supports developers, architects, builders and owners in achieving greener construction, faster execution, and stronger buildings of higher value. Each project starts with GreenSteel™, the structural core and shell of an SG Blocks building, and then customized to client specifications. For more information, visit www.sgblocks.com.