LAS VEGAS -- Donald J. Trump and partner Phil G. Ruffin awarded Perini Building Co., a wholly owned subsidiary of Perini Corp. (NYSE: PCR), a $370 million construction contract to build Trump International Hotel & Tower Las Vegas. E[acute accent]"To be associated with a Trump project is a great opportunity for any company. Our first experience working with Trump was in 1990 when Perini was brought on board to complete the Trump Taj Mahal in Atlantic City. We look forward to working on this high profile project and know the final product will be like no other," said Dick Rizzo, chairman of Perini Building Co. E[acute accent]According to representatives of Trump Las Vegas Sales & Marketing Inc., 100 percent of the condominium units in the tower have been reserved. Prices range from $600,000 to $6 million. E[acute accent]The entire project is designed for opulence, including the exterior that will be clad in 24-carat gold glass. When complete, the tower will stand 640 feet tall with 64 stories, making it the highest structure in Las Vegas. E[acute accent]The project features 1,282 condominium hotel units ranging from studios to multiple room suites. All of the units will be luxuriously furnished and include floor to ceiling windows, European-style kitchen appliances, Italian marble floors in the entries and baths, large bathrooms with twin sinks, custom designed vanities, marble counter tops, and spa tubs in the master baths. The sixth floor will have a 36,000-square foot recreation deck and pool. The condominium hotel tower and five-story garage encompass 2 million square feet and sit on six acres. E[acute accent]Bergman, Walls and Associates, Ltd. is the architect on the project. The interior design firm is Design 360 Unlimited. E[acute accent]Perini broke ground in July and will complete construction by the first quarter of 2008. Perini recently completed the $3 million, custom-designed sales center that features two furnished model units and a 10-foot revolving replica of the tower. E[acute accent]Trump International Hotel & Tower Las Vegas is located west of the New Frontier Hotel, just off the Las Vegas Strip.
E[acute accent]Perini Building Co. is one of the largest builders of hospitality and gaming projects in the nation. The company has six offices throughout the country. In 2004, Engineering News Record ranked Perini No. 27 out of the top 400 contractors according to construction revenues. In January 2005, Forbes magazine ranked Perini Corp. among the 26 best-managed companies in America. Southwest Contractor, a McGraw-Hill publication covering Nevada, Arizona and New Mexico, ranked Perini Building Co. as the leading general contractor according to 2004 revenues.
E[acute accent]About Perini Corp.
E[acute accent]Perini Corp. is a leading construction services company offering diversified general contracting, construction management 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, preconstruction 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 sitework, concrete forming and placement and steel erection. We are known for our hospitality and gaming industry projects, sports and entertainment, educational, and healthcare facilities, as well as large and complex civil construction projects, and construction management services to U.S. military and government agencies. Visit www.perini.com for more information about Perini.
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