A subsidiary of Tutor Perini Corp. has won a contract worth $88 million to build a parking structure at the Charleston International Airport in South Carolina.
The Sylmar construction company will begin work this month with an expected completion date in the fall of 2020.
The five-story structure will have 3,000 parking places on 1 million square feet of space. It will be built of cast-in-place concrete. The project also includes a pedestrian walkway, new roadway, landscaping, elevator and lobby, and renovations to the existing walkway and circulation area.
Shares of Tutor Perini (TPC) closed Wednesday up 3 cents, or a fraction of a percent, to $17.77 on the New York Stock Exchange.