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Safe and Green Development (SGD) is excited to share its expected timeline for completion of its joint venture developments in Southern Texas. The timeline below is only considering the existing portfolio of joint ventures; however, the company will look to continue to expand its portfolio of joint ventures and initiate development on its existing joint venture properties in Oklahoma and Georgia. 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.
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