MIAMI - Safe & Green Holdings Corp. (NASDAQ: SGBX), a modular structures company, has announced a new design-build contract with Hostel Cubed to create a 12-unit modular camping prototype called the Coastal Camping Cube. The prototype is aimed at making high-demand natural locations more accessible and environmentally friendly.
The collaboration with Hostel Cubed, co-founded by Jeff Manno and Doug Higgins, is set to increase capacity at RV parks and campgrounds along the California Coast. The camping cube is designed for safety, comfort, and minimal environmental impact, utilizing eco-friendly materials and energy-efficient designs.
David Cross, VP of Business Development at Safe & Green Holdings, expressed optimism for the project's future, saying, "We are excited to have entered into this design-build contract with Hostel Cubed to develop and fabricate their 12-unit Hostel Cubed prototype. Our companies share a combined vision of making high-demand locations in nature more accessible and affordable and the units are intended to increase capacity at RV Parks and campgrounds."
He indicated that the Coastal Camping Cube could become a regular item in their production lineup as popularity grows. Doug Higgins of Hostel Cubed highlighted the partnership's potential, citing Safe & Green Holdings' expertise in modular design as a catalyst for rapid scalability.
In related news, Safe & Green Holdings updated that an $11.3 million purchase order for modular units from a long-standing private infrastructure client is on hold. This pause allows the company to redirect focus and resources to other ongoing projects and cater to additional customer projects.
Safe & Green Holdings Corp. specializes in the development, design, and fabrication of modular structures, providing solutions across various industries. Its subsidiary, Safe and Green Development Corporation, is a real estate development company established in 2021, focusing on site development utilizing prefabricated modules.
This news is based on a press release statement.
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