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Saturday, May 4, 2024

Tutor Perini Wins $47M Contract

A subsidiary of Tutor Perini Corp. has been awarded a $47 million contract to construct the Marjory Stoneman Douglas Visitor Center at Everglades National Park in Florida.

The contract given to Perini Management Services Inc. includes the construction of a new two-story visitor center, a one-story remote concessions and storage building, underground utilities and major site improvements to ensure that roadways and parking areas are elevated above king tide levels.

The project also includes demolishing portions of the existing bulkhead and providing a new bulkhead at the marina and along the waterfront. Dredging of the Chokoloskee Bay and replacing existing floating docks with a new floating dock system with accessible ramps is also part of the scope of the project.

Preconstruction activities are underway and site mobilization is expected in early October. Substantial completion is anticipated in August 2025.

Perini Management is a subsidiary of Tutor Perini, the Sylmar construction services company.

The announcement of the contract was made on Tuesday. On Wednesday, shares in Tutor Perini closed up 9 cents, or just more than 1%, to $8.02 on the New York Stock Exchange, on a day when the Dow Jones closed down at a fraction of a percent.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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