 NEW YORK--BUSINESS WIRE--SG Blocks, Inc. NASDAQ: SGBX SG Blocks or the Company, a leading designer, innovator and fabricator of container-based structures, announced today that SGB Development Corp., the real property development arm and wholly owned subsidiary of SG Blocks, has closed on its initial project site in Lago Vista, Texas. The 50 acre parcel sits on Lake Travis on the Colorado River in central Texas and is planned to provide upscale condominiums, a health club, marina and 