Perini Building Co. Signs Construction Contract to Build Trump International Hotel & Tower Las VegasPerini Selected to Build Tru
October 06 2005 - 6:16PM
Business Wire
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. "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.
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. 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. 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. Bergman, Walls and Associates, Ltd. is the architect on the
project. The interior design firm is Design 360 Unlimited. 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. Trump
International Hotel & Tower Las Vegas is located west of the
New Frontier Hotel, just off the Las Vegas Strip. 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. About Perini Corp. 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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