Hudson Yards - Multiple Projects - New York, NY - Total $2.3 Billion

Panorama Foundation Mat Pour Breaks Records

05/05/2015

MIAMI--(BUSINESS WIRE)-- Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced that two construction records were recently set by its subsidiary, Tutor Perini Building Corp., when 11,677 cy of concrete was poured (continuously for 23 hours) to construct the foundation of the 83-story Panorama Tower in Miami, Florida. The pour established a new record for the City of Miami, and the total size of the foundation – requiring 14,677 cy of concrete – established a new record for the largest foundation in the State of Florida.

Led by Tutor Perini Building Corp., the mat pour included the dedicated efforts of the City of Miami; Developer, Florida East Coast Realty; the design team led by Moshe Cosicher, AIA; Concrete Contractor, Baker Concrete Construction; Engineer, DeSimone Consulting Engineers; City of Miami Police Department; residents of the Brickell neighborhood; and the construction workers – without whom this record could not have been achieved.

When completed, the 83-story tower will be the largest residential tower in the East, south of New York City, and will include 821 luxury rental apartments; 208 hotel rooms; 100,000 sf of medically-oriented space; 50,000 sf of high-end retail space and a 2,000 car parking garage.

Please click on the links below for video programs featuring this record-setting pour:

Panorama Tower Mat Pour Time Lapse - https://www.youtube.com/watch?v=9oI4s2XOTCI

Panorama Tower: Off to a Record-Setting Start - https://www.youtube.com/watch?v=80FMnJNV5fs

About Tutor Perini Building Corp.

Tutor Perini Building Corp. is a wholly owned subsidiary of Tutor Perini Corporation (NYSE: TPC) and is part of Tutor Perini’s Building Group. The Building Group provides preconstruction and construction expertise to a wide range of public and private market segments, including education, healthcare, entertainment and hospitality throughout the United States. For more information about Tutor Perini Building Corp., visit www.tutorperinibuilding.com

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.

Source: Tutor Perini Corporation

Tutor Perini Corporation

Jorge Casado, 818-362-8391

Vice President, Investor Relations and Corporate Communications

www.tutorperini.com

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