BROOKLYN, N.Y.--(BUSINESS WIRE)--SG Blocks, Inc. (Nasdaq: SGBX), a leading designer, innovator and fabricator of container-based structures, has signed an agreement to provide architecture and engineering services for a 3,680 square foot restaurant and 24 cottages in 12,160 square foot buildings to be constructed of purpose built modular/container units that will be built on top of a poured in place concrete structure, in South Florida.

While the parties finalize the contractual terms for the construction of the Project, terms for architecture and engineering (A&E) services have been agreed to, with plans scheduled to be delivered in June 2020. The Company expects to execute the construction contract within thirty (30) days and anticipates construction of the Project to commence in Q3 2020.

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.