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Las Vegas Is On Budget and On Schedule |
LAS VEGAS - June 7, 2001-- Perini Building Co., a division of Perini
Corp. (AMEX: PCR), celebrated the topping-off of the Palms Casino Resort
Thursday by placing the last beam and the resort's signature hurricane
palm tree on the 42-story hotel tower.
As of this construction milestone, Perini is on budget and on schedule.
Perini was awarded the $132 million construction contract by the Maloof family. Perini broke ground on Oct. 24, 2000. "Our next construction milestone and most complex portion of the project is to enclose the top eight stories of the hotel in glass," stated Hubbs. These floors are clad in blue/green tinted glass designed to resemble the curved edge of a palm frond. Custom exterior neon signs, also designed as palms, will illuminate the hotel at night. The neon lights are computer generated to change colors in sequence. One of the glass enclosed floors is designed with a glass-rail balcony overlooking the Las Vegas Strip. The entire floor will house an upscale restaurant and night club. The name has yet to be released by the Maloof family. Alize French restaurant also encompasses one of the upper floors. The resort covers 22.5 acres of the 32-acre site it sits on. When complete, approximately 60,000 cubic yards of concrete will have been poured. That is equivalent to 18 miles of sidewalk five feet wide or enough concrete to pave both sides of the Strip three times. The hotel tower has 455 oversized guest rooms and suites. Other structures under construction are a multi-use entertainment venue, 14 theaters and an IMAX theater, seven restaurants, a 10,000 sq. ft. banquet and conference facility, an 18,000 sq. ft. spa and salon which overlooks a resort-style swimming pool. The Palms features a 95,000 sq. ft. casino with 2,200 slot machines. The casino is an architectural statement unto itself. It is designed
to be flowing with no corners or straight lines.
"Hitting our targeted milestones on such an aggressive schedule is a
tribute to all of the subcontractors and vendors on the job. Truly, the
speed and quality that we build structures here in Las Vegas is unmatched
anywhere in the country," concluded Hubbs.
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Perini Building Co www.perini.com |
Also See | Station Casinos Commiting to Las Vegas Local Market by Acquiring The Fiesta Casino Hotel for $185 million and Selling Two Missouri Casinos / July 2000 |