Minority-Commerce-Weekly-Newsletter - Flipbook - Page 3
July 3 - July 9, 2025
Minority Commerce Weekly - “MWDBE/SDVOB Contract Reporter”
3
IN THE NEWS
Tutor Perini to be Awarded $1.871 Billion Staging and Storage Facility and
Ramp Structure for the Midtown Bus Terminal Redevelopment
NEW YORK-- Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that the Port Authority of New York and New Jersey’s
Board of Commissioners has voted to authorize the award of a $1.871
billion contract to Tutor Perini Corporation to construct the Staging
and Storage Facility and Ramp Structure components of the Midtown
Bus Terminal Redevelopment Program in New York City. The scope
of work includes construction of a new modern seven-昀氀oor steel-clad
storage and staging facility located between 9th and 10th Avenues and
between West 39th and West 40th Streets, which will accommodate
indoor storage for up to 350 buses and will serve as a temporary bus
terminal during future construction of a new main bus terminal. The
project scope also includes construction of an innovative ramp structure encompassing the block bounded by 10th and 11th Avenues and
39th and 40th Streets, which will allow buses to move into and out of
the above-grade bus levels of the replacement facility to and from the
Lincoln Tunnel.
Rendering of the Ramp Structure and Staging and Storage Facility (Source: Port Authority of New York and New Jersey)
“We are excited to be a part of this transformational project, which will signi昀椀cantly improve the quality of life and regional transportation for commuters
throughout the New York City metropolitan region,” said Gary Smalley, Chief Executive Of昀椀cer and President of Tutor Perini. “Tutor Perini has a long and
successful track record of partnering with the Port Authority to deliver large, complex transportation infrastructure projects, including most recently Newark
Liberty International Airport’s Terminal A. We look forward to continuing to partner with this important customer to successfully deliver this latest project.”
Work is expected to begin in the fall of 2025 with completion of the currently scheduled and funded work anticipated in the fall of 2028. The contract value
will be added to the Company’s backlog in the second quarter of 2025.
IN THE NEWS
Statement from NYS Gaming Commission Chairman Brian O’Dwyer
Statement from NYS Gaming Commission Chairman Brian O’Dwyer
On behalf of my fellow Commissioners and the Gaming Facility Location Board, I welcome the eight applicants to
Develop and Operate a Gaming Facility in New York State to the competition. The Commission and Board are committed to ensuring the casino siting process is fair, transparent, competitive, deliberative, and bene昀椀cial for the State
of New York.
This is a tabula rasa – there are no frontrunners or favorites. These eight proposed projects represent billions of dollars in private investment, thousands of jobs, and amenities in addition to a world-class casino – all things that can
transform a community. That’s why each project must obtain all local entitlements, including zoning approval, and be
approved by a speci昀椀c Community Advisory Committee of appointees of the elected of昀椀cials representing the proposed facility’s location. Only those projects that meet both statutory requirements – zoning and Community Advisory
Committee approval – by September 30, 2025 will be considered by the Gaming Facility Location Board. This ensures
that only those projects embraced by the community are placed before the Board for consideration.
Appointing authorities for all eight projects have been noti昀椀ed of their obligation to make appointments to the Community Advisory Committees as soon as possible, as Committees are expected to be up and running in the coming weeks.
Through the summer, Committees will hold public hearings to gauge support and/or opposition to their respective
project, and formally vote whether to advance the project for Board evaluation. Those projects that are not approved
by their Community Advisory Committee will not advance.
The Board will evaluate those projects approved by their Community Advisory Committee and select up to three projects
by December 1, followed by Commission licensure. This ensures that New York State will collect the already-booked casino license fee(s) ahead of schedule.
As the Board has stated in the Request for Applications, the revenue from new gaming facilities is expected to bene昀椀t New York’s public schools, mass transit,
local governments, and problem gambling treatment services. The jobs created by these casinos are expected to deliver livable wages to help families live,
stay, and prosper in New York.
We look forward to a competitive process with active community engagement for all proposals.
Minority Commerce Weekly
“A Document of Good Faith Efforts”
website: www.minoritycommerceweekly.com | email: imssjim@aol.com | tel: 212-349-4100
Jim Wood, Publisher
