Tutor Perini Building Corp. Awarded $112 Million Chumash Casino Resort Expansion Contract
September 29, 2014
SYLMAR, Calif.--(BUSINESS WIRE)-- Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced that its subsidiary, Tutor Perini Building Corp., has been awarded a contract valued at approximately $112 million by the Santa Ynez Band of Chumash Indians for the expansion of the Chumash Casino Resort in Santa Ynez, California.
The scope of work for the project includes construction of a hotel tower that will add 215 more rooms, a 20,000-square-foot pool deck, a parking garage, expansion of the existing gaming floor, and additional food and beverage venues.
Tutor Perini is proud to continue building upon its 12-year relationship with the Santa Ynez Band of Chumash Indians, as well as with other Native American tribes throughout the country. In addition to working on the construction of the Chumash Casino Resort, Tutor Perini has worked on MGM Grand at Foxwoods in Mashantucket, Connecticut; Mohegan Sun at Pocono Downs in Wilkes-Barre, Pennsylvania; Vee Quiva Hotel & Casino in Laveen, Arizona; Graton Resort & Casino in Rohnert Park, California; and Pechanga Resort & Casino in Temecula, California.
Construction is scheduled to begin in October 2014 with substantial completion anticipated in 2016. The contract value is expected to be included as part of the Company’s reported third-quarter backlog.