urban-gro (UGRO) has signed the first phase of a professional services agreement valued at approximately $4M to serve as the lead designer for a new hospital located in the southeastern U.S. The project aims to bring heightened access to medical care closer to home for members of the community. With an anticipated phase one project construction value of $80M, urban-gro will provide architectural, interior design, and project management services to the longstanding regional healthcare client. The Company anticipates recognizing the majority of the project’s revenue this year. In future phases, urban-gro will also provide this client with master planning and design services for an additional eighty acres of development.
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