Perini Building Company Receives Three Awards

Perini Building Company, a wholly owned subsidiary of Perini Corporation (NYSE: PCR), received a Real Estate Development Award for the Sheraton Phoenix Downtown Hotel from Arizona Commercial Real Estate magazine. The Sheraton was selected as the most notable Arizona hospitality project in 2008. McGraw-Hill Construction recognized Perini for The Crystals at CityCenter in Las Vegas. The Crystals is one of 23 projects nationwide to receive a Best of the Best Award. Perini also received an Executive Leadership Award for diversity from the Southern Nevada Human Resources Association.

The Sheraton Phoenix Downtown Hotel received a Real Estate Development Award for its size, quality and impact on development. The 1,000-room, 31-story hotel is owned by the city of Phoenix and is vital to the city’s downtown renewal plan. Strategically located within walking distance of the Phoenix Convention Center, the Sheraton offers a range of amenities to accommodate the demands of business as well as leisure guests. Perini completed the hotel on budget, eight weeks ahead of schedule due to the collaborative effort among the city of Phoenix, Starwood Hotels & Resorts Worldwide, Inc., and the project’s design team Arquitectonica and RSP Architects.

The Crystals received McGraw-Hill’s Best of the Best Award for its complex engineering and steel erection. The Crystals is the centerpiece of CityCenter’s retail and entertainment district. CityCenter is located in Las Vegas, Nevada, and is the largest privately funded project in the country. The Crystals is built with 16,455 pieces of steel. Every piece of steel required calculations to test for load capacity, fabrication and constructability. Perini is the general contractor for all of the projects at CityCenter. Halcrow Yolles was the structural engineer, and Schuff Steel Company was the steel fabricator and erector for The Crystals.

The Southern Nevada Human Resources Association (SNHRA) awarded Perini an OYA Executive Leadership Award. OYA Awards are presented to companies that demonstrate the highest level of diversity. SNHRA represents more than 400 Nevada organizations.

About Perini Building Company

Perini Building Company is the largest builder of hospitality and gaming resorts in the nation and specializes in constructing fast track, complex projects. Current projects include CityCenter, the largest privately funded construction project in the country, The Cosmopolitan Resort & Casino and Terminal 3 at McCarran International Airport Las Vegas, Nevada. Recently completed projects include Trump International Hotel & Tower Las Vegas, NV; Gaylord National Resort and Convention Center, MD; Sheraton Phoenix Downtown Hotel, AZ; and MGM Grand at Foxwoods, CT. Professional services offered are construction management, general contracting, preconstruction, post construction, and design/build. Perini has offices throughout the country. For more information, visit www.perini.com.

Contacts:

Papagalos Strategic Communications
Ann Papagalos, 602-279-2933 ext. 105/602-702-0524 cell

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