SYLMAR, Calif.-- (BUSINESS WIRE) -- Feb. 22, 2012 -- Tutor Perini Corporation (NYSE: TPC) a leading civil and building construction company, today announced that its subsidiary, Roy Anderson Corp, was awarded a $97 million contract for the construction of the Margaritaville Resort Casino and Hotel Resort in Bossier City, Louisiana, which has a total development value of $197 million. Construction operations will begin immediately and will extend for approximately 16 months, with a targeted opening date in June 2013.
The resort will feature a 30,000 square foot, single-level gaming floor with more than 1,300 slot machines and 46 table games as well as the famous “It’s 5 O’Clock Somewhere” bar. The project will also feature a 396-room, 18 story hotel, a 900-seat state of the art entertainment venue, spa and fitness center, outdoor pool deck and dining area, dramatic landscaping and four food & beverage outlets, including the trademark Margaritaville Restaurant.
The Margaritaville Resort Casino in Bossier City will be the third and largest Margaritaville-themed casino, with one location open in Las Vegas, Nevada and another expected to open within the next few months in Biloxi, Mississippi, also constructed by Roy Anderson Corp. The Margaritaville Resort Casino project will be located on the Red River, adjacent to the Louisiana Boardwalk—the largest outdoor shopping, dining and entertainment development in Louisiana.
About Tutor Perini Corporation
Tutor Perini Corporation is a leading civil and building construction company offering diversified general contracting and design/build services to private clients and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large complex projects on time and within budget while adhering to strict quality control measures.
We offer general contracting, pre-construction planning and comprehensive project management services, including the planning and scheduling of the manpower, equipment, materials and subcontractors required for a project. We also offer self-performed construction services including excavation, concrete forming and placement, steel erection, electrical and mechanical services, plumbing and HVAC. We are known for our major complex building project commitments as well as our capacity to perform large and complex transportation and heavy civil construction for government agencies and private clients throughout the world.
Tutor Perini Corporation website: http://www.tutorperini.com
Source: Tutor Perini Corporation
Kekst and Company
Douglas Kiker, 212-521-4800
Tutor Perini Corporation
Mike Kershaw, 818-362-8391
Executive Vice President & Chief Financial Officer