TPC Tutor Perini Corporation

Rudolph and Sletten Design-Build Team Selected to Construct New Sacramento Building

Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that a design-build team led by the Company’s subsidiary, Rudolph and Sletten, has been selected by the California Department of General Services (DGS) to construct a new office building at 1215 O Street in downtown Sacramento. Rudolph and Sletten will serve as the general contractor for the project in partnership with the renowned design firm ZGF Architects, supported by the local firm Lionakis. The anticipated contract value is approximately $238 million.

The new O Street building will be 11 stories and approximately 360,000 square feet. The office building will be constructed as a Zero Net Energy project and is targeting a LEED platinum certification. It will also use 60 percent less water than a typical building and will utilize clean, solar power generated as part of a first of its kind agreement with the Sacramento Municipal Utility District that will move DGS’ Sacramento portfolio towards solar power.

DGS expects to execute a contract with Rudolph and Sletten as soon as February 2018. Finalization of the design of the new building would begin immediately thereafter, with the demolition of the existing vacant annex building occurring sometime in the summer of 2018. The estimated completion date is in early 2021.

Approximately 1,150 employees from the California Health and Human Services Agency, the Department of State Hospitals and the Department of Developmental Services will work at the new building. A pedestrian plaza will open up the building to the public with first-floor retail space and a food court-style cafeteria to further incorporate the building as a natural addition to the neighborhood.

Additional information on the O Street project can be found HERE.

About Rudolph and Sletten

Rudolph and Sletten, Inc. is one of the leading general contracting firms on the West Coast and California’s premier commercial office builder. As a pacesetter in the construction industry, Rudolph and Sletten has provided quality-oriented general contracting and construction management services for five decades. Rudolph and Sletten’s expert professionals manage each job comprehensively, from site selection and preconstruction services through project completion. With its corporate headquarters in Redwood City, the company also has regional offices in Roseville, Irvine and San Diego, California.

Rudolph and Sletten’s building expertise includes virtually all types of projects with an emphasis on those markets where their technical expertise and quality excel: commercial offices, corporate campuses, biotech and pharmaceutical, healthcare and technology. Other areas of expertise include education, gaming and hospitality, justice, government, sports and entertainment, and industrial facilities. Rudolph and Sletten’s current clients include Hewlett-Packard, Genentech, Kaiser Permanente, Lawrence Berkeley National Laboratory, the Monterey Bay Aquarium, Johnson & Johnson, Agilent Technologies, and the UC and CSU University systems.

About Tutor Perini Corporation

Tutor Perini Corporation is a leading civil, building and specialty 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.

EN
13/12/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Tutor Perini Corporation

Tutor Perini Corporation - September 2025 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: December 6, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Jonathan Moreland
  • Jonathan Moreland

Monthly Insider Special Screens: December 1, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Tutor Perini Corp: 1 director

A director at Tutor Perini Corp bought 40,000 shares at 64.124USD and the significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch