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Thursday, Apr 18, 2024

Tutor Perini to Build Parking for Charleston Airport

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.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.

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