Tutor Perini Wins Two Maryland Projects Totaling $100M

A New York City-based investor is betting big on the Maryland real estate market.
Cherry Hill Construction

Cherry Hill Construction

Tutor Perini Corp., a construction company based in New Rochelle, N.Y., and its subsidiary, Cherry Hill Construction, have come out as the lowest bidders for two construction projects in the state of Maryland. The total value of the two contracts is a little over $100 million.

The Maryland State Highway Administration has awarded Tutor Perini the larger of the two contracts, which is worth $59.7 million. The project is called I-695 Outer Loop Phase 2 and calls for the widening of the Baltimore Beltway Outer Loop for a stretch of 1.44 miles, the replacement of two bridges, and the construction of multiple retaining walls and sound walls. Tutor Perini is expected to start work in the third quarter of the year and complete the project in June 2019.

Cherry Hill Construction received the second contract from the City of Baltimore Department of Transportation. At a cost of about $40.3 million, the project calls for the replacement of the Edmondson Avenue Bridge. The 396-foot-long concrete arch bridge was originally constructed in 1907 over the Gwynn Falls stream way and a CSX railroad line, and was last renovated in the 1970s. Cherry Hill will begin construction in the third quarter of the year. The Edmondson Avenue Bridge Replacement project is expected to be completed in July 2019.

Photo courtesy of Cherry Hill Construction