The joint venture has been named by the New York City Department of Design and Construction as ‘Apparent Selected Proposer’ to design and build the new Manhattan Jail Facility, amid plans to eventually close and decommission Rikers Island.
Tutor Perini said it expected to be negotiating contractual terms and pricing for the multi-billion-dollar project.
The new facility will contain 886 beds and provide 125 accessory parking spaces for all staff and service providers. There will be 20,000 sq ft of community and commercial space on the ground floor.
While I mostly follow the work of the Swedish construction company Skanska who been winning a ton of heavy civil contracts but the stock price
barely budged thus year
Tutor Perini stock price has
been running up.