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Stock Market & Financial Investment News

News Breaks
June 11, 2014
08:31 EDTTPCTutor Perini awarded $255M contract for Panorama Tower in MIami
Tutor Perini Corporation announced that its subsidiary, Tutor Perini Building Corp., has been selected as the general contractor and has signed a contract with Florida East Coast Realty, LLC, valued at approximately $255M for construction of the Panorama Tower at 1101 Brickell Avenue in Miami, Florida. The scope of work for the project includes construction of an 82-story mixed-use tower that will feature 821 luxury rental apartments, a 250-room hotel, 80,000 square feet of retail space, 40,000 square feet of office space, and a 13-story 1,500-space parking garage. The entire Panorama Tower development will comprise approximately 2.6 million square feet. The tower will also include a recreation deck with several pools, a fully equipped fitness area, a pool deck restaurant, and two social rooms. Pre-construction work began in January 2014. Construction is expected to start in June 2014 with substantial completion expected in late 2017. The company expects to include the value of this contract as part of its reported second-quarter backlog.
News For TPC From The Last 14 Days
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February 9, 2016
17:06 EDTTPCTutor Perini subsidiary awarded contract by Ocean Land Investments
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February 5, 2016
06:04 EDTTPCTutor Perini subsidiary achieved certificate for Panorama Tower's Parking Garage
Tutor Perini announced that its subsidiary, Tutor Perini Building, achieved Phase I Temporary Certificate of Occupancy for Panorama Tower's Parking Garage. This is a significant milestone and the achievement of an ambitious goal, completing 425,136 square feet of the parking garage within ten months, thereby permitting the 1101 Brickell office tenants and Florida International University students to utilize this parking garage as construction continues above. The Panorama project was awarded and booked into the Company's backlog in the Q2 of FY14.
January 27, 2016
17:02 EDTTPCTutor Perini awarded two east side access contracts totaling $742M
06:02 EDTTPCTutor Perini awarded hotel construction contract in Fort Lauderdale
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