Safe & Green Holdings Corp., a leading developer, designer, and fabricator of modular structures, announced that the Company has signed an office lease in Miami, Florida, consequently moving the Company headquarters from Jacksonville, Florida to Miami.
The Company will continue to conduct business around the country, with its new headquarters located within the coastal area. The recently announced intended spin-off company, Safe and Green Development Corporation, will hold its office within the same space.
The move is coming at a time in which many believe the city of Miami is continuing to see expanded growth and a favorable business environment, according to this recent article in Business Insider. Various tech, venture capital and innovative companies have moved their headquarters to the city. In 2022, a record breaking 57 companies relocated or expanded into Miami-Dade.
“While we had a great experience with Jacksonville, we’re excited to make the move to Miami,” Paul Galvin, Chairman and CEO of Safe & Green Holdings Corp. explained. “There are so many new and exciting businesses in Miami, from startups to family offices, investment banks, and more. We think Miami is the perfect fit for our business. We’ve taken notice of the substantial consolidation of real estate development capital generated in the greater Miami area, and we’re looking forward to partnering with other innovative companies in Florida.”
The Company will provide further details and updates as it expands its footprint in Florida.