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2005: Perini at a Glance




                                                                                                                                                                                                                                          In 2005, Perini Corporation increased
                                                                                                                                                                                                   Backlog
                                                                                                                                                                                                                                          its backlog 586% to a record $7.9
                                                                                                                                                                                                   (dollars in billions)

                                                                                                                                                                                                                                          billion. MGM MIRAGE’s magnificent
                                                                                                                                                                                                                                   7.90


                                                                                                                                                                                                                                          Project CityCenter accounts for nearly
                                                                                                                                                                                                                                          half of that figure. The increased
                                                                                                                                                                                                                                          volume of new work is also attributable
                                                                                                                                                                                                                                          — in part — to the acquisitions of
                                                                                                                                                                                                                                          Rudolph and Sletten, Inc. and Cherry
                                                                                                                                                                                                                                          Hill Construction, Inc., builders and
                                                                                                                                                                                                                                          civil contractors respectively. Our
                                                                                                                                                                                                                                          diversified portfolio of projects however,
                                                                                                                                                                                                                     1.67
                                                                                                                                                                                                   1.21
                                                                                                                                                                                                                                          demonstrates the experience and
                                                                                                                                                                                                                            1.15
                                                                                                                                                                                                            0.99

                                                                                                                                                                                                                                          versatility of our employees and project
                                                                                                                                                                                                                                          management teams.
                                                                                                                                                                                                    01       02       03    04     05




                                                                                                                                                                                                   Building Operations
                                                                                                                                                                                                   Our record of executing projects on time and within budget —
 On the Cover                                                                                                                                                                                      while adhering to strict quality control measures — is well
 Red Rock Casino, Resort and Spa
                                                                                                                                                                                                   known in the markets that we serve: hospitality and gaming,
 In early April 2006, Red Rock Casino, Resort and Spa, the first billion dollar resort to be built off the Las Vegas Strip,
                                                                                                                                                                                                   sports and entertainment, corporate and advanced technology
 opened its door to rave reviews. Photo courtesy of Lifescapes International, Inc. (Scott Forst, photographer).                                       IN THIS ISSUE
                                                                                                                                                                                                   campuses, colleges and universities, cultural and exhibition
                                                                                                                                                                                                   space, and retail developments.
“...an opulent vacation spot set against the western mountains...the resort is thoroughly elegant!”
                                                                                                                                                      BUILDING OPERATIONS
                                                                                                                                                                                                   Civil Construction
 ASSOCIATED PRESS
                                                                                                                                                      PERINI BUILDING COMPANY, INC.           2    The Company’s civil construction operations are focused
                                                                                                                                                                                                   on the repair and reconstruction of aging infrastructure in
                                                                                                                                                      RUDOLPH AND SLETTEN, INC.              12
                                                                                                                                                                                                   Metropolitan New York and Northern New Jersey, and a
                                                                                                                                                      JAMES A. CUMMINGS, INC.                16    diverse portfolio of work in the Mid-Atlantic States and Florida.
                                                                                                                                                                                                   Today, the civil business’ work includes the rehabilitation and
                                                                                                                                                      DIVERSITY DEVELOPMENT:
                                                                                                                                                      CHANGING THE FACE OF                         construction of highways, bridges, mass transit systems and
                                                                                                                                                      BUILDING CONSTRUCTION                  18    wastewater treatment facilities.
                                                                                                                                                      PERINI MANAGEMENT SERVICES             20
                                                                                                                                                                                                   Management Services
                                                                                                                                                      CIVIL CONSTRUCTION OPERATIONS                Perini Management Services, Inc. continues to play a signifi-
                                                                                                                                                                                                   cant role in the reconstruction of Iraq and Afghanistan. In the
                                                                                                                                                      PERINI CIVIL CONSTRUCTION              22
                                                                                                                                                                                                   U.S., our detail-driven organization is well suited to managing
                                                                                                                                                      CHERRY HILL CONSTRUCTION, INC.         24
                                                                                                                                                                                                   time-critical maintenance for Exelon, the nation’s largest
                                                                                                                                                                                                   supplier of nuclear power, as well as rapid response contract
                                                                                                                                                      BACKLOG BRIEFS        INSIDE BACK COVER
                                                                                                                              Background Image:                                                    completion assignments offered by North American sureties.
                                                                                                                                                      DIRECTORY                       BACK COVER
                                                                                                                              One Queensridge Place
                                                                                                                              Las Vegas, NV

                                                                                                                                                                                                                                                                                1
OWNERS ARE MORE CONFIDENT BRINGING THEIR PROJECTS TO FINANCIAL LENDERS WHEN PERINI
Building Operations
                                                                                                                                      IS THE DESIGNATED BUILDER.
Perini Building Company

                      “Project CityCenter will define the Las Vegas experience for years to come.”

                       J. TERRENCE LANNI, CHAIRMAN AND CEO, MGM MIRAGE




                                              Ninety percent of the backlog reported by Perini Corporation at year end,
                                              $7.9 billion, is attributable to Perini Building Company.


                                              In the privately negotiated hospitality and gaming construction market, few
                                              companies have the experience of Perini Building Company or the ability to
                                              match our consistent level of performance. Our track record is the result of our
                                              comprehensive preconstruction services, effective field supervision, subcontractor
                                              prequalification and management, and most importantly, the collaborative spirit
                                              that we bring to each project. Few contractors are as well qualified to meet the
                                              requirements of hospitality and gaming properties, whether new construction,
                                              facility expansion, or renovation.


                                              Our backlog of hospitality and gaming projects includes many globally recognized
                                              brands who are repeat clients, including MGM MIRAGE, Donald J. Trump, Station
                                              Casinos, and Gaylord Hotels. Major projects for new clients include Foxwoods
                                              Resort Casino and The Cosmopolitan Resort & Casino.


                                              Our flexibility is a significant strength, enabling us to adjust to shifts in market
Project CityCenter
                                              conditions. Recently, for example, several high-rise residential, hotel and timeshare
Las Vegas, NV
MGM MIRAGE’s $7 billion Project               condominium developments with strong brand names have entered various stages
CityCenter is the largest privately funded    of planning and construction in our market areas. Our core competencies and
building project in the U.S. and the single
                                              resources allow us to meet the needs of this expanding niche market as well as
largest contract in Perini’s history. The
                                              mixed-use retail and commercial developments and sports and entertainment
master planned development includes a full
                                              venues as opportunities arise. In Las Vegas, where labor and building materials
slate of residences, luxury hotels, casino,
restaurants, retail shops and entertainment   are in high demand, our reputation for fairness and commitment to diversity
amenities. MGM MIRAGE has assembled
                                              enable us to rise above the competition and secure reliable, skilled craftsmen,
a team of world class architects including
                                              consultants and favorable pricing.
Cesar Pelli, Kohn Pedersen Fox, Lord
Norman Foster, Rafael Viñoly, Helmut Jahn,
David Rockwell and Daniel Libeskind.          Perini Building Company is headquartered in Phoenix, AZ with full-service offices
                                              in Las Vegas, NV and Framingham, MA.




2                                                                                                                                                                                                                          3
Building Operations
 Perini Building Company



“To build a project of the size and complexity of the Red Rock Resort requires a highly experienced and skilled team.
 The extraordinary companies of Station Casinos, Friedmutter Group Architectural and Interior Design Studios, and
 Perini Building Company, having successfully collaborated on past projects, knew how to work together quickly
 and efficiently, completing the project in an accelerated time frame, and with the expertise and creativity that were
 needed to make it all come together. Few teams could have ever accomplished this level of quality so quickly and
 with such stunning results.”

 BRAD FRIEDMUTTER, FOUNDER & CEO OF FRIEDMUTTER GROUP




                                                                                                                         Red Rock Casino, Resort and Spa
                                                                                                                         Las Vegas, NV
                                                                                                                         Phase I of Red Rock Casino, Resort and Spa features a 17-story, 415-room hotel tower and 720,000-square-foot,
                                                                                                                         3-story lowrise containing an 87,000-square-foot casino. The resort includes approximately 94,000 square feet
                                                                                                                         of convention and meeting space, ten restaurants, 5 bars and a nightclub, a 3-acre pool area (left) and
                                                                                                                         35,000-square-foot spa. Perini has begun construction of Phase II, a 400,000-square-foot, 20-story, 427-room
                                                                                                                         hotel tower, 10,000-square-foot spa expansion and the build-out of four penthouse suites on the 17th floor.




                                                                                                                            Design Team
                                                                                                                            Station Casinos assembled an award-winning design team to develop Red Rock Casino, Resort and Spa,
                                                                                                                            the first billion-dollar development to be built off the Las Vegas Strip. Perini assembled an equally impressive
                                                                                                                            construction team to meet the owner’s expectations.

                                                                                                                            Friedmutter Group, Las Vegas, handled the responsibilities of overall design architect, overall executive
                                                                                                                            architect and overall interior design for Red Rock Casino, Resort and Spa, including the casino, high-limit
                                                                                                                            gaming areas, race and sports book, bingo, all restaurants, meeting and banquet spaces, lobby, corridors,
                                                                                                                            hotel rooms, and select suites.

                                                                                                                            Architropolis, Portland, OR, provided all master planning and design for The Spa at Red Rock Las Vegas in
                                                                                                                            addition to providing complete interior design, project management and construction supervision for the project.

                                                                                                                            Anita Brooks of Anita Brooks Interiors, Las Vegas, served as the owner’s design consultant, advising on the
                                                                                                                            interior design of the property, as well as serving as the interior designer for the guestrooms and suites.
 STATION CASINOS ASSEMBLED AN AWARD-WINNING DESIGN TEAM TO DEVELOP RED ROCK CASINO, RESORT
 AND SPA, THE FIRST BILLION-DOLLAR DEVELOPMENT TO BE BUILT OFF THE LAS VEGAS STRIP. PERINI
 ASSEMBLED AN EQUALLY IMPRESSIVE CONSTRUCTION TEAM TO MEET THE OWNER’S EXPECTATIONS.

 4                                                                                                                                                                                                                                             5
Building Operations
 Perini Building Company



“It’s exciting to see this building take shape. It will be the crown jewel of Las Vegas.”

 DONALD J. TRUMP


“Mr. Trump has built a reputation for creating luxurious projects and understands the nuances that govern whether
 a project will be built on time and within budget. Finding the appropriate company takes research and resolve,
 but is critical for a project of this magnitude.”

 JACK CHRISTIE, TRUMP INTERNATIONAL, V.P. SALES AND MARKETING

                                                                                                                                           Trump International
                                                                                                                                           Hotel & Tower
                                                                                                                                           Las Vegas, NV
                                                                                                                                           Renowned real estate developer
                                                                                                                                           and entrepreneur Donald J.
                                                                                                                                           Trump has selected Perini to
                                                                                                                                           construct his first Las Vegas
                                                                                                                                           project. Bergman, Walls and
                                                                                                                                           Associates, Ltd. is leading the
                                                                                                                                           design team on the 64-story,
                                                                                                                                           1.5 million-square-foot hotel/con-
                                                                                                                                           dominium tower for Trump-Ruffin
                                                                                                                                           Tower 1, LLC, a partnership
                                                                                                                                           between Trump and Kansas
                                                                                                                                           businessman Phil G. Ruffin.
                                                                                                                                           The tower, with interiors designed
                                                                                                                                           by Design 360 Unlimited, will
                                                                                                                                           be clad in gold glass with white
                                                                                                                                           trim and contain 1,282 units
                                                                                                                                           and a 467-space parking facility.
                                                                                                                                           The project is one of several
                                                                                                                                           Perini has completed for Trump,
                                                                                                                                           including Trump Plaza and
                                                                                                                                           the Taj Mahal Casino Resort in
                                                                                                                                           Atlantic City, NJ. We expect to
                                                                                                                                           complete one floor every six days
                                                                                                                                           with a total construction period
                                                                                                                                           of 72 weeks. The first residents
                                                                                                                                           are expected to move into Trump
                                                                                                                                           International in early 2008.



                                 Cosmopolitan Resort & Casino, Las Vegas, NV
                                 The 3,000-room Cosmopolitan Resort and Casino — designed by Friedmutter Group with interiors by
                                 Paul Duesing Partners for 3700 Associates, LLC. — will feature two hotel/condominium towers, a casino,
                                 convention and conference space, nightclubs, spa, fitness center, 2,000-seat theater and pool deck.
                                 To build the below-grade parking structure, Perini must excavate 1 million cubic yards of dirt from the
                                 site, utilizing slurry wall construction techniques, a first for Las Vegas.

                                                                                                                                                                         7
Building Operations                                                                                                                                       Foxwoods Expansion
                                                                                                                                                          Ledyard, CT
Perini Building Company                                                                                                                                   The two million-square-foot expansion project for the Mashantucket
                                                                                                                                                          Pequot Tribal Nation was designed by Dallas-based HKS, Inc with
                                                                                                                                                          interiors by Wilson & Associates of Dallas, TX. In addition to the
                                                                                                                                                          824-room hotel tower; the project will feature a 50,000-square-foot
                                                                                                                                                          ballroom and junior ballroom; 50,000 square feet of gaming space;
                                                                                                                                                          and several restaurants and retail stores.
One Queensridge Place
Las Vegas, NV
Tower cranes stand tall overlooking Las
Vegas’ Badlands Golf Course, supporting
the construction of these two, 18-story,
220-room luxury condominium towers.
Designed by JMA Architecture Studios,
One Queensridge Place will include spa
facilities, fitness center, 61,000-square-foot
recreation deck, meeting rooms, wine
cellar, 10,000-square-foot central plant,
connector lobby, 10-acres of site improve-
ments including 66 parking spaces, and
two below-grade parking levels.




Main Hotel Registration, Caesars Palace Augustus Tower
Las Vegas, NV
                                                                                                            OUR BACKLOG OF HOSPITALITY AND GAMING PROJECTS INCLUDES MANY GLOBALLY RECOGNIZED
Guests staying at Caesars Palace register at the new registration lobby at the base of the 26-story, 949-
                                                                                                            BRANDS WHO ARE REPEAT CLIENTS, INCLUDING MGM MIRAGE, DONALD J. TRUMP, STATION CASINOS
room Caesars Palace Augustus Tower. Included in the scope of work was an 87,044-square-foot lowrise
tie-in to the existing casino including promenade entrance, VIP registration lounge and porte cochere.
                                                                                                            AND GAYLORD HOTELS. MAJOR PROJECTS FOR NEW CLIENTS INCLUDE FOXWOODS RESORT CASINO
                                                                                                            AND THE COSMOPOLITAN RESORT & CASINO.
8                                                                                                                                                                                                                           9
Building Operations
Perini Building Company


                          Westgate City Center – Phase I                                                                   Marriott Hartford Downtown
                          Glendale, AZ                                                                                     Hartford, CT
                          Designed by Kurt D. Reed Associates, Inc.                                                        A symbol of Hartford’s ongoing renaissance,
                          for the Ellman Companies, Westgate City                                                          the newly constructed 22-story Marriott
                          Center consists of 610,000 square feet of                                                        Hartford Downtown was officially opened in
                          heavily themed commercial retail space                                                           August 2005 by J.W. Marriott, Jr., Chairman
                          adjacent to the Perini-built Glendale Arena,                                                     and CEO, Marriott International. Vivo, a grand
                          including seven single-story buildings, two                                                      trattoria located on the first floor of the hotel,
                          4-story buildings with one level of under-                                                       represents the distinctive and stylish design
                          ground parking, surface parking, an inter-                                                       of the building, and features 20-foot vaulted
                          active water park for children and a 2-acre                                                      ceilings with authentic Italian touches such
                          water feature containing animated fountain                                                       as Marmorino plastered walls.
                          displays. Vertical and horizontal active and
                          static graphic signage displayed throughout
                          a public entertainment exterior mall.




                                                                                                                           Gaylord National Resort and
                                                                                                                           Convention Center
                                                                                                                           Prince Georges County, MD
                                                                                                                           The Gaylord National Resort and Convention
                                                                         OUR CORE COMPETENCIES AND RESOURCES ALLOW         Center is the cornerstone of the National
                                                                                                                           Harbor Development located on the Potomac
                                                                         US TO MEET THE NEEDS OF EXPANDING NICHE MARKETS
                                                                                                                           River just outside of Washington, DC. The
                                                                         AS WELL AS MIXED-USE RETAIL AND COMMERCIAL        42-acre project will include 1,503 hotel rooms,
                                                                         DEVELOPMENTS AND SPORTS AND ENTERTAINMENT         over 400,000 square feet of convention and
                                                                                                                           meeting space, and parking for 2,600 cars.
                                                                         VENUES AS OPPORTUNITIES ARISE.
                                                                                                                           A 65,000-square-foot glass atrium will be
                                                                                                                           constructed in the signature style for which
                                                                                                                           the Gaylord Hotels brand is known. The project
                                                                                                                           was awarded to a joint venture of Perini and
                                                                                                                           Tompkins Builders, Inc.




10                                                                                                                                                                      11
Building Operations                                                                                                                    The J. David Gladstone Institutes
                                                                                                                                       Mission Bay Laboratory Building
Rudolph and Sletten, Inc.                                                                                                              San Francisco, CA
                                                                                                                                       The Mission Bay Laboratory Building provides approxi-
                                                                                                                                       mately 200,000 square feet of space for laboratories
                                                                                                                                       and offices, and a 150-seat auditorium just off the
                                                                                                                                       first-floor lobby. It houses the Gladstone Institute
                                                                                                                                       of Cardiovascular Disease, the Gladstone Institute
                        The philosophy of Rudolph and Sletten, Inc. — acquired by Perini Corporation in 2005 —“We don’t
                                                                                                                                       of Virology and Immunology and the Gladstone
                        just build buildings, we build relationships,” is akin to Perini Building Company’s mantra, “Building          Institute of Neurological Disease. Designed by
                        relationships on trust.” Similarly, a large percentage of Rudolph and Sletten’s backlog consists of projects   architects NBBJ of San Francisco, the Gladstone
                                                                                                                                       building is the first major steel-frame building
                        for repeat clients, 85% on average, yearly volume.
                                                                                                                                       to use an unbonded brace-frame system.
                                                                                                                                       The diagonal braces act like automobile shock
                        Since its founding in 1960, the Company has literally laid the foundations for companies that have
                                                                                                                                       absorbers during an earthquake and absorb
                        defined the high-tech revolution in California. Rudolph and Sletten specializes in biotech, medical            most of the lateral forces of a temblor.
                        devices and pharmaceutical projects; institutional buildings; corporate campuses and one-of-a-kind
                        opportunities like the Monterey Bay Aquarium (shown with other recent milestone projects below)
                        that combines building experience with creative solutions.


                        Rudolph and Sletten is working closely with Perini Building Company, taking a lead management
                        role on certain Native American hospitality and gaming projects in California, a market in which Perini
                        is aggressively focused.


                        Rudolph and Sletten is headquartered in Redwood City, CA with offices located in Irvine, Roseville
                        and San Diego.




Monterey Bay Aquarium                         Childrens Hospital Los Angeles               Medtronic Minimed
Monterey, CA                                  Los Angeles, CA                              Northridge, CA




                                                                                                                                       SINCE ITS FOUNDING IN 1960, RUDOLPH AND SLETTEN HAS LITERALLY LAID THE FOUNDATIONS FOR
                                                                                                                                       COMPANIES THAT HAVE DEFINED THE HIGH-TECH REVOLUTION IN CALIFORNIA.
Chiron Life Sciences Center                   Hewlett-Packard Company                      Sun Microsystems, Inc. Campus
Emeryville, CA                                Palo Alto, CA                                Santa Clara, CA



12                                                                                                                                                                                                                              13
Building Operations                                                                 Engineering Building, University of California, San Diego, CA
                                                                                     Rudolph and Sletten self-performed the architectural concrete (exterior beams and columns) for this 141,511-square-foot building
 Rudolph and Sletten, Inc.                                                           housing the college’s Computer Science and Engineering Department, designed by Bohlin Cywinski Jackson of Pittsburgh, PA. The
                                                                                     structure features research spaces — made up of offices, research labs, and research interaction spaces — and conference rooms.
                                                                                     The interior lobby spaces include radius staircases topped with architectural concrete, and radius cantilevered architectural concrete
                                                                                     slabs with stainless steel handrails.




 The Joan and Irwin Jacobs Center for La Jolla Playhouse
 La Jolla, CA
 Rudolph and Sletten was Construction Manager of this award-winning 54,000-
 square-foot facility comprising a theatre, three classroom and design studios,
 rehearsal hall, restaurant and cabaret, and administrative offices. At the heart
 of the facility designed by RoTo Architects, Inc. of Los Angeles, CA, is a state-
 of-the-art, 6,500-square-foot, 450-seat, “black box” theatre designed with
 removable/adjustable seating, stage and lighting facilities to accommodate
 a variety of configurations.



“In the early development stage, Rudolph and Sletten was
 essential to helping us complete the delicate balance between
 the architecture and the building program...working with the
 architects and various trades to identify items on which we
 could economize.”

 ELLERY BROWN, DIRECTOR OF OPERATIONS, LA JOLLA PLAYHOUSE

                                                                                     A LARGE PERCENTAGE OF RUDOLPH AND SLETTEN’S BACKLOG CONSISTS OF PROJECTS FOR REPEAT
                                                                                     CLIENTS, 85% ON AVERAGE, YEARLY VOLUME.



 14                                                                                                                                                                                                                           15
Building Operations                                                                                                                                                                         Florida Atlantic University
                                                                                                                                                                                            College of Business
James A. Cummings, Inc.                                                                                                                                                                     Boca Raton, FL
                                                                                                                                                                                            Schenkel Shultz Architecture of Orlando, FL
                                                                                                                                                                                            designed this project for Florida Atlantic
                                                                                                                                                                                            University, requiring the construction of a
                                                                                                                                                                                            new 4-story College of Business building
                                                                                                                                                                                            and partial demolition and renovation of
               James A. Cummings, Inc. is one of Florida’s leading builders of schools, college and university
                                                                                                                                                                                            existing campus buildings (Fleming Hall,
               campuses, and municipal facilities. Recently enacted state legislation requires school districts to reduce                                                                   Business East, and Business West).
               the number of students in each classroom, creating an unparalleled market for new public schools.                                                                            A new 3-story atrium will be constructed
                                                                                                                                                                                            to connect the College of Business building
                                                                                                                                                                                            to the existing business building.
               Hospitality and high-rise residential projects benefit from Cummings’ resources, market know-how
               and its close relationship with Perini Building Company, ranked as the top builder of hospitality
               projects in the U.S.


               James A Cummings, Inc. is headquartered in Ft. Lauderdale, FL with offices in West Palm Beach
               and Orlando.




HOSPITALITY AND HIGH-RISE
RESIDENTIAL PROJECTS BENEFIT
FROM CUMMINGS’ RESOURCES,
MARKET KNOW-HOW AND ITS
CLOSE RELATIONSHIP WITH
PERINI BUILDING COMPANY.




                                                                                                                            Piedmont Lakes Middle School Relief Project
                                                                                                                            Wolf Lake Elementary School
                                                                                                                            Apopka, FL
                                                                                                                            In Apopka, FL, Cummings is building two school relief projects on a single site. The Piedmont Lakes
                                                                                                                            Middle School (above and upper right, aerial photo) is a one-story prototype middle school reflecting
                                                                                                                            the District’s “right-sizing” criteria and consists of eight tilt-up concrete buildings surrounding a central
                                                                                                                            courtyard on a 50-acre site. The design by Schenkel Shultz Architecture was developed to house a
                                                                                                                            maximum enrollment of approximately 1,380 students. The two-story, 92,613-square-foot Wolf Lake
                                                                                                                            Elementary School (bottom left, aerial photo) will have 860 student-station capacity.



                                                                                                                            Coconut Grove Residences
                                                                                                                            Fort Lauderdale, FL
                                                                                                                            Designed by JT Architect, Inc. of Boca Raton, FL, this new 14-story, 64-unit high rise condominium,
                                                                                                                            (left) on Fort Lauderdale Beach for Coconut Grove Limited Partnership features sweeping curved
                                                                                                                            elevations of floor-to-ceiling blue tinted glass walls. Throughout construction, a native beach dune
                                                                                                                            and designated turtle nesting preserve located on site must be maintained and protected.

16                                                                                                                                                                                                                                      17
Diversity Development:
 Changing the Face of Building Construction



“We are reaching far into the minority contractor community. ‘Building relationships on trust’ is not just reserved for   Perini Building Company is working aggressively to change the face of building
 our clients — it also applies to our relationships with certified MBE/WBE/DBE businesses who, as our partners and        construction by opening doors for minority, women and disadvantaged-owned
 partners of our major subcontractors, can grow and excel.”                                                               businesses, with an innovative Diversity Development Program designed to recruit,
                                                                                                                          educate, mentor, and retain qualified subcontractors and vendors.
 DICK RIZZO, CHAIRMAN, PERINI BUILDING COMPANY

                                                                                                                          “Our program encourages qualified, certified MBE/WBE/DBE subcontractors and
                                                                                                                          vendors to review Perini’s prequalification process and take the necessary steps
                                                                                                                          to apply,” says Rizzo. “Many highly qualified minority, women and disadvantaged-
                                                                                                                          owned businesses are either too small, do not have the contacts or lack the
                                                                                                                          bonding capacity to receive contracts on their own. We’re committed to providing
                                                                                                                          opportunities on our projects.”
 AT THE HEART OF OUR DIVERSITY
 INITIATIVE IS A COMPREHENSIVE                                                                                            Perini has successfully mentored diverse companies in the past and continually
 APPROACH TO MENTORING AND                                                                                                seeks qualified firms with whom to partner. In addition, the Company has policies
 EDUCATING BUSINESSES ABOUT                                                                                               in place to ensure that its major subcontractors actively actively seek and mentor
                                                                                                                          MBE/WBE/DBE firms as well.
 THE COMPLEXITIES AND DEMANDS
 OF WORKING WITH A LARGE
                                                                                                                          To foster minority participation, Lorrinda Gray-Davis, Perini’s Director of Diversity,
 CONSTRUCTION COMPANY.
                                                                                                                          has developed a number of strategic measures including informational workshops
                                                                                                                          and a mentoring program that partners Perini’s key subcontractors with less
                                                                                                                          experienced firms. “The diversity program is about providing an opportunity to
                                                                                                                          bid on work with an equal and level playing field,” says Gray-Davis. “We do
                                                                                                                          this by teaching companies how to grow their businesses.”


                                                                                                                          At Project CityCenter for example, Perini is following the example set by owner
                                                                                                                          MGM MIRAGE. “Our goal is to include the highest possible percentage of minority
                                                                                                                          participation.” says Anderine Cowan, Construction Diversity Manager for MGM              In addition to its powerful mentor/protégé
                                                                                                                          MIRAGE (above right with Perini Building Co. Chairman, Dick Rizzo).                      program, Perini’s commitment to diversity
                                                                                                                                                                                                                   is very proactive, with a full spectrum of
                                                                                                                                                                                                                   seminars and training workshops to help
                                                                                                                          “To do this, we conduct very specific workshops to help minority business and
                                                                                                                                                                                                                   minority participants navigate the oceans
                                                                                                                          vendors understand this massive project,” says Gray-Davis.                               of paperwork and requirements associated
                                                                                                                                                                                                                   with obtaining bonding and certifications,
                                                                                                                          Perini aspires to set the standard for building a skilled, qualified and dynamic         submitting bid proposals, executing
                                                                                                                                                                                                                   agreements, as well as marketing and
                                                                                                                          pool of minority subcontractors and vendors, and to encourage these values
                                                                                                                                                                                                                   technology issues.
                                                                                                                          among their industry colleagues.




 18                                                                                                                                                                                                                                                        19
Perini Management Services                                                                                                                                                                                                                            Communications Infrastructure
                                                                                                                                                 Turkey
                                                                                                                                                                                                                                                      LSA Anaconda, Iraq
                                                                                                                                                                          Georgia
                                                                                                                                  prus
                                                                                                                                                                                                                                                      Perini is the Contractor-Construction Agent for communications infrastructure
                                                                                                                                                                                                                       Kazakhstan
                                                                                                                                                                        Armenia
                                                                                                                                   Lebanon
                                                                                                                                                                                    Azerbaijan
                                                                                                                                                                                                                                                      facilities at LSA (Logistics Support Area) Anaconda in Iraq. We are supporting
                                                                                                                                  rael          Syria

                                                                                                                                                                                                                                                      General Dynamics Network Systems, General Dynamics C4 Systems, and
                                                                                                                                                                                                                Uzbekistan
                                                                                                                                   Jordan
                                                                                                                                                                                                 Turkmenistan
                                                                                                                                                           Iraq
                                                                                                                                                                                                                                                      Computer Science Corporation as part of an integrated team to furnish complete
                      “Our cadre of US and UK supervision and PMSI management have the courage and competence                                                                                                                             Kyrgyzsta
                                                                                                                                                                                                                                                      voice, video, and data network infrastructure for U.S. military bases within Iraq
                                                                                                                                                                                                                             Tajikistan
                                                                                                                                                                                        Iran
                                                                                                                                                                                                                                                      and throughout Southwest Asia.
                       to project a Perini presence anywhere in the world, deal with extreme security and logistics issues                                   Kuwait



                       and make critical decisions to achieve the impossible.”                                                                                                                           Afghanistan
                                                                                                                                            Saudi Arabia
                                                                                                                                                                                                                                                      Overhead Coverage Systems
                                                                                                                                                                      Bahrain
                                                                                                                                                                       Qatar
                                                                                                                                                                                                                                                      Multiple Sites, Iraq
                        ROBERT BAND, PRESIDENT & CHIEF OPERATING OFFICER, PERINI CORPORATION
                                                                                                                                                                                                                                                      In September 2005, we were awarded two Task Order contracts to design and
                                                                                                                                                                                                                Pakistan
                                                                                                                                                                        U.A.E.

                                                                                                                                                                                                                                                      construct overhead coverage systems in multiple locations in Iraq to protect
                                                                                                                                                                                                                                                      U.S. base facilities against insurgency attacks.
                                                                                                                                                                             Oman
                        Perini Management Services, Inc. offers highly specialized construction management and design/build
                        services to the U.S. government throughout the world. We also deliver the resources of our building and
                        civil construction operations to multinational corporations and sureties in North America and overseas.
                                                                                                                                                                                                                                                      Afghan National Army Brigade Facilities
                        In the U.S., a Perini-led joint venture performs power plant maintenance and modification for Exelon,
                                                                                                                                                                                                                                                      Gardez, Darualaman and Mazar-el-Sharif, Afghanistan
                        the nation’s leading nuclear power producer.
                                                                                                                                                                                                                                                      Perini was the first US contractor to begin the reconstruction of Afghanistan in
                                                                                                                                                                                                                                                      2003 and since then, Perini-led design/build teams have constructed four
                        We have a unique capacity to execute multi-year, multi-trade task order contracts throughout the                                                                                                                              regional Afghan National Army bases under Task Orders awarded through
                                                                                                                                                                                                                                                      Indefinite Delivery/Indefinite Quantity contracts to provide design/build services
                        world. Our proven performance in planning and logistics, cost and schedule control, rapid deployment,
                                                                                                                                                                                                                                                      to the U.S. Army Corps of Engineers, within the 25-country Central Command,
                        partnering and team leadership differentiates us from our peers.
                                                                                                                                                                                                                                                      or CENTCOM, Area of Operations.




Contract Completion Assignments
Contract completion assignments, offered by sureties as a result of contractor
failures, continue to contribute to our reputation and backlog. Time and again —
and coast-to-coast — we have demonstrated the ability to provide a seamless
takeover and/or immediate resumption of work impacted by contractor defaults.
                                                                                                                                  WE HAVE PLAYED A MAJOR ROLE IN THE RECONSTRUCTION PROCESS IN AFGHANISTAN AND IRAQ,
In 2005, we completed critical bridge repairs on the Henry Hudson Parkway in
New York City (above) and a community recreational facility in Lincoln City, OR.
                                                                                                                                  SPECIFICALLY, THE REGION’S ELECTRICAL INFRASTRUCTURE, INCLUDING ELECTRICAL GENERATION,
                                                                                                                                  TRANSMISSION AND DISTRIBUTION.

20                                                                                                                                                                                                                                                                                                                                     21
Civil Construction Operations                                                                                                                               Metro-North Railroad, Hudson Line
                                                                                                                                                            Westchester County, NY
Perini Civil Construction                                                                                                                                   Perini is reconstructing nine stations along the Metro North Railroad’s Hudson Line, a
                                                                                                                                                            major mass transit commuter route from Westchester County to New York City and Long
                                                                                                                                                            Island. Construction sequencing must be closely coordinated with commuter rail opera-
                                                                                                                                                            tions. Major elements of the reconstruction program include platform replacement, and
                                                                                                                                                            new or refurbished enclosed staircases and overpasses with elevators. The overpasses
                                                                                                                                                            are also being raised to increase clearances for freight trains. New, longer canopies and
In 2005, in Metropolitan New York and Northern New Jersey, Perini Civil Construction was
                                                                                                                                                            heated waiting areas have been installed on the platforms along with new benches, kiosks,
ranked third among transportation contractors by New York Construction News, a McGraw-
                                                                                                                                                            public address systems, lighting and signs.
Hill publication, based on revenues. Large urban infrastructure projects such as highways
and bridges, mass transit, water, sewer and waste treatment facilities are the focus of Perini’s
                                                                                                           Bronx-Whitestone Bridge
civil construction operations. Aging infrastructure, increasing densities of urban and suburban
                                                                                                           Project crews began replacing the suspension bridge’s 64-year-old roadway deck in June with 408 lighter steel orthotropic plates — the
areas, and expanding traffic flows support new construction and modernization of transporta-
                                                                                                           central part of a $136.7 million, 35-month contract issued by Metropolitan Transportation Authority Bridges and Tunnels. Project prepara-
tion facilities, a market well suited to our resources and experience.                                     tion began in November 2003, with early efforts involving preparation of shop and fabrication drawings and the installation of gantry cranes,
                                                                                                           temporary structural supports, and a temporary work platform under the bridge.
Achieving success in a crowded, competitive market requires superior project selection, pre-
cise estimating, innovative thinking, and unparalleled execution. We welcome opportunities to
joint venture on large-scale, multi-faceted infrastructure programs, and have long-established
relationships with other top civil contractors to pursue projects that involve risk-sharing.




Brooklyn-Queens Expressway
The project — the rehabilitation of approximately .8 miles of I-278 in Queens, New York — includes
                                                                                                           ACHIEVING SUCCESS IN A CROWDED, COMPETITIVE MARKET REQUIRES SUPERIOR PROJECT SELECTION,
realignment and new concrete of the mainline roadway, replacement/rehabilitation of 11 bridges over
                                                                                                           PRECISE ESTIMATING, INNOVATIVE THINKING, AND UNPARALLELED EXECUTION.
local streets, new relocated ramp construction, retaining wall construction and noise wall installation.
The New York State Dept. of Highways contract was awarded to a joint venture of Perini and Tutor-Saliba.


22                                                                                                                                                                                                                                                    23
Civil Construction Operations                                                                                                                       Backlog Briefs                                                                                      Diversity Matters
Cherry Hill Construction, Inc.



                         Cherry Hill Construction is focused on civil works projects in the competitive Metropolitan                                                                                     Sheraton Phoenix Downtown Hotel                Lorrinda Gray-Davis
                                                                                                                                                                                                         Phoenix, AZ                                    Perini Building Company
                         Baltimore/Washington, D.C. market, with operations throughout the Mid-Atlantic States and Florida.
                                                                                                                                                                                                         Downtown Phoenix Hotel Corp.                   Lorrinda Gray-Davis, director of diversity
                         Acquired in 2005, Cherry Hill enjoys a strong regional reputation and specializes in excavation and                                                                                                                            development for Perini Building Company was
                                                                                                                                                                                                         In Brief: 33-story, 980-room hotel with        named Corporate Advocate of the Year by the
                         earthmoving, foundations, paving, and the repair, replacement and reconstruction of infrastructure.                                                                             100,000 square feet of ballrooms and           Grand Canyon Minority Supplier Development
                                                                                                                                                                                                         meeting space, a restaurant and 2-story,       Council, Inc., for her outreach efforts in sup-
                         Cherry Hill self-performs much of its work, enabling it to exert tight control on costs and schedule.                                                                           550-space below-grade parking garage.          port of minority owned businesses. Gray-Davis
                                                                                                                                                                                                         Designed by Arquitectonica of Miami, FL        serves on the Board of Directors for the Grand
                                                                                                                                                                                                         and RSP Architects of Tempe, AZ.               Canyon Minority Supplier Development Council.
                                                                                                                                                                                                                                                        In 2004, she was appointed to the Governors
                                                                                                                                                                                                                                                        Equity in State Contracting Commission, and
                                                                                                                                                                                                                                                        has been an active volunteer in a number of
                                                                                                                                                                                                                                                        organizations, including the Arizona Hispanic
                                                                                                                                                                                                         Bellagio Employee Parking Garage               Chamber of Commerce and the American
                                                                                                                                                                                                         Las Vegas, NV                                  Indian Chamber of Commerce.
                                                                                                                                                                                                         MGM MIRAGE Design Group
                                                                                                                                                                                                                                                        Alyce Zahniser
                                                                                                                                                                                                         In Brief: 10-story, 5,300-space parking
                                                                                                                                                                                                                                                        James A. Cummings, Inc.
                                                                                                                                                                                                         garage designed by HKS.
                                                                                                                                                                                                                                                        Alyce Zahniser, director of diversity development
                                                                                                                                                                                                                                                        for James A. Cummings, Inc., a wholly-owned
                                                                                                                                                                                                                                                        subsidiary of Perini Corporation, recently
                                                                                                                                                                                                                                                        received the Salute to Business Award from
                                                                                                                                                                                                                                                        the Fort Lauderdale Chamber of Commerce for
                                                                                                                                                                                                                                                        “doing the most for women in business.” Chair
                                                                                                                                                                                                                                                        of the Broward Minority Alliance, Alyce is also
                                                                                                                                                                                                                                                        president of the National Association for Women
                                                                                                                                                                                                                                                        in Construction, and recipient of their Muriel
                                                                                                                                                                                                         Palomar Medical Center West
                                                                                                                                                                                                                                                        Chippendale Award for Mentoring. “Diversity
                                                                                                                                                                                                         Escondido, CA
                                                                                                                                                                                                                                                        is a process,” says Alyce, “not a project.”
                                                                                                                                                                                                         Palomar Pomerado Health
                                                                                                                                                                                                         In Brief: Rudolph and Sletten, Inc. is         Perini Management Services
                                                                                                                                                                                                         managing the construction of a new             Iraq and Afghanistan
                                                                                                                                                                                                         11-story, 453-bed tertiary care facility for
                                                                                                                                                                                                                                                        Perini Management Services, reconstructing
                                                                                                                                                                                                         Palomar Pomerado Health (PPH). Designed
                                                                                                                                                                                                                                                        Iraq and Afghanistan, is skilled at identifying
                                                                                                                                                                                                         by CO Architects of Los Angeles, CA,
                                                                                                                                                                                                                                                        the capabilities of local craftsmen and laborers,
                                                                                                                                                                                                         this 800,000-square-foot facility would
Light Rail Double Track, Sections 1– 4                                                                                                                                                                                                                  directing them in the most appropriate use of
                                                                                                                                                                                                         be PPH’s flagship medical/surgical acute
Maryland DOT & Maryland Transit Administration                                                                                                                                                                                                          their skills and training, and assigning them to
                                                                                                                                                                                                         care center.
                                                                                                                                                                                                                                                        task-specific workgroups. This mentoring
Cherry Hill installed 5.4 miles of track parallel to an
                                                                                                                                                                                                                                                        relationship fosters good practices, allows
existing light rail line that has been single tracked since                                                                                                                                                                                             workers to learn additional skills on the job
                                                                                                                                                    Prestigious Construction Safety Excellence Award
the system was originally built. The scope of work                                                                                                                                                                                                      and develops businesses that are self-sustain-
                                                                                                                                                                                                                                                        ing once our work is completed.
                                                                                                                                                    The AGC/Willis Construction Safety Excellence Awards are given annually to contractors who
included excavation, electrical installation, signalization
                                                                                                                                                    best demonstrate a cultural commitment to safety. Perini Building Company, Inc. was awarded
and storm drainage construction, With a second set                                                                                                  top honors in the “Over 1 Million Work Hours” category. Each new project at Perini begins with
of tracks, service along the line will be more reliable,                                                                                            project managers, superintendents and safety professionals creating a job-specific safety pro-
                                                                                                                                                    gram based on a hazard analysis of the various methods of construction to be used in the work,
flexible and improved.
                                                                                                                                                    whether it's structural steel, concrete, precast or finishes. These plans are incorporated in the
                                                                                                                                                    bid structure before the description of work going out for bid. This commitment to safety has
                                                                                                                                                    kept Perini’s incident and frequency rates well below the national average.
                                                              Washington Monument Security Project
                                                              Washington, D.C.
                                                              Shortly after September 11, 2001, stop-gap measures were taken at many of
                                                              our nation’s great monuments and memorials to deter terrorist attacks. Unsightly
                                                              bollards and barriers surrounded the Washington Monument. Today, the barriers
                                                              are gone and in their place, a series of interlocking rings of 30-inch-high granite
                                                              wall provide ample security. Designed by the Olin Partnership of Philadelphia, the
                                                              new security measures were constructed in part by Cherry Hill, responsible for
                                                              demolition and earthwork, utilities and an extensive system of concrete walkways.


24
Richard J. Rizzo
Chairman
Perini Building Company, Inc.
360 East Coronado Road
Phoenix, AZ 85004
(602) 256-6777
3960 Howard Hughes Parkway Suite 620
Las Vegas, NV 89109
(702) 792-9209


Joseph R. Perini
Vice President, Business Development
Perini Building Company, Inc.
73 Mt. Wayte Avenue
Framingham, MA 01701
(508) 628-2257


Bob Maxwell
Business Development Executive
Rudolph and Sletten, Inc.
1600 Seaport Boulevard, Suite 350
Redwood City, CA 94063
(650) 216-3600


Ray de la Feuilliez
Vice President of Business Development
James A. Cummings, Inc.
3575 NW 53rd Street
Ft. Lauderdale, FL 33309
(954) 733-4211 ext. 244


Ed Greco
Director of Business Development
Perini Management Services, Inc.
73 Mt. Wayte Avenue
Framingham, MA 01701
(508) 628-2417


Perini Civil Construction
1022 Lower South Street
Peekskill, NY 10566
(914) 739-1908


Cherry Hill Construction, Inc.
8211 Washington Boulevard
Jessup, MD 20794
(410) 799-3577


www.perini.com




Second Century
Project Management: Field Communications Associates, Inc.
Creative: Beagan Design
Principal Photography: Field Communications Associates, Inc.
Other Photography/Renderings:
Gregg Photographic, LLC
Scott Forst
Renderings and models provided by owners

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perini Second_Century_2006

  • 1.
  • 2. 2005: Perini at a Glance In 2005, Perini Corporation increased Backlog its backlog 586% to a record $7.9 (dollars in billions) billion. MGM MIRAGE’s magnificent 7.90 Project CityCenter accounts for nearly half of that figure. The increased volume of new work is also attributable — in part — to the acquisitions of Rudolph and Sletten, Inc. and Cherry Hill Construction, Inc., builders and civil contractors respectively. Our diversified portfolio of projects however, 1.67 1.21 demonstrates the experience and 1.15 0.99 versatility of our employees and project management teams. 01 02 03 04 05 Building Operations Our record of executing projects on time and within budget — On the Cover while adhering to strict quality control measures — is well Red Rock Casino, Resort and Spa known in the markets that we serve: hospitality and gaming, In early April 2006, Red Rock Casino, Resort and Spa, the first billion dollar resort to be built off the Las Vegas Strip, sports and entertainment, corporate and advanced technology opened its door to rave reviews. Photo courtesy of Lifescapes International, Inc. (Scott Forst, photographer). IN THIS ISSUE campuses, colleges and universities, cultural and exhibition space, and retail developments. “...an opulent vacation spot set against the western mountains...the resort is thoroughly elegant!” BUILDING OPERATIONS Civil Construction ASSOCIATED PRESS PERINI BUILDING COMPANY, INC. 2 The Company’s civil construction operations are focused on the repair and reconstruction of aging infrastructure in RUDOLPH AND SLETTEN, INC. 12 Metropolitan New York and Northern New Jersey, and a JAMES A. CUMMINGS, INC. 16 diverse portfolio of work in the Mid-Atlantic States and Florida. Today, the civil business’ work includes the rehabilitation and DIVERSITY DEVELOPMENT: CHANGING THE FACE OF construction of highways, bridges, mass transit systems and BUILDING CONSTRUCTION 18 wastewater treatment facilities. PERINI MANAGEMENT SERVICES 20 Management Services CIVIL CONSTRUCTION OPERATIONS Perini Management Services, Inc. continues to play a signifi- cant role in the reconstruction of Iraq and Afghanistan. In the PERINI CIVIL CONSTRUCTION 22 U.S., our detail-driven organization is well suited to managing CHERRY HILL CONSTRUCTION, INC. 24 time-critical maintenance for Exelon, the nation’s largest supplier of nuclear power, as well as rapid response contract BACKLOG BRIEFS INSIDE BACK COVER Background Image: completion assignments offered by North American sureties. DIRECTORY BACK COVER One Queensridge Place Las Vegas, NV 1
  • 3. OWNERS ARE MORE CONFIDENT BRINGING THEIR PROJECTS TO FINANCIAL LENDERS WHEN PERINI Building Operations IS THE DESIGNATED BUILDER. Perini Building Company “Project CityCenter will define the Las Vegas experience for years to come.” J. TERRENCE LANNI, CHAIRMAN AND CEO, MGM MIRAGE Ninety percent of the backlog reported by Perini Corporation at year end, $7.9 billion, is attributable to Perini Building Company. In the privately negotiated hospitality and gaming construction market, few companies have the experience of Perini Building Company or the ability to match our consistent level of performance. Our track record is the result of our comprehensive preconstruction services, effective field supervision, subcontractor prequalification and management, and most importantly, the collaborative spirit that we bring to each project. Few contractors are as well qualified to meet the requirements of hospitality and gaming properties, whether new construction, facility expansion, or renovation. Our backlog of hospitality and gaming projects includes many globally recognized brands who are repeat clients, including MGM MIRAGE, Donald J. Trump, Station Casinos, and Gaylord Hotels. Major projects for new clients include Foxwoods Resort Casino and The Cosmopolitan Resort & Casino. Our flexibility is a significant strength, enabling us to adjust to shifts in market Project CityCenter conditions. Recently, for example, several high-rise residential, hotel and timeshare Las Vegas, NV MGM MIRAGE’s $7 billion Project condominium developments with strong brand names have entered various stages CityCenter is the largest privately funded of planning and construction in our market areas. Our core competencies and building project in the U.S. and the single resources allow us to meet the needs of this expanding niche market as well as largest contract in Perini’s history. The mixed-use retail and commercial developments and sports and entertainment master planned development includes a full venues as opportunities arise. In Las Vegas, where labor and building materials slate of residences, luxury hotels, casino, restaurants, retail shops and entertainment are in high demand, our reputation for fairness and commitment to diversity amenities. MGM MIRAGE has assembled enable us to rise above the competition and secure reliable, skilled craftsmen, a team of world class architects including consultants and favorable pricing. Cesar Pelli, Kohn Pedersen Fox, Lord Norman Foster, Rafael Viñoly, Helmut Jahn, David Rockwell and Daniel Libeskind. Perini Building Company is headquartered in Phoenix, AZ with full-service offices in Las Vegas, NV and Framingham, MA. 2 3
  • 4. Building Operations Perini Building Company “To build a project of the size and complexity of the Red Rock Resort requires a highly experienced and skilled team. The extraordinary companies of Station Casinos, Friedmutter Group Architectural and Interior Design Studios, and Perini Building Company, having successfully collaborated on past projects, knew how to work together quickly and efficiently, completing the project in an accelerated time frame, and with the expertise and creativity that were needed to make it all come together. Few teams could have ever accomplished this level of quality so quickly and with such stunning results.” BRAD FRIEDMUTTER, FOUNDER & CEO OF FRIEDMUTTER GROUP Red Rock Casino, Resort and Spa Las Vegas, NV Phase I of Red Rock Casino, Resort and Spa features a 17-story, 415-room hotel tower and 720,000-square-foot, 3-story lowrise containing an 87,000-square-foot casino. The resort includes approximately 94,000 square feet of convention and meeting space, ten restaurants, 5 bars and a nightclub, a 3-acre pool area (left) and 35,000-square-foot spa. Perini has begun construction of Phase II, a 400,000-square-foot, 20-story, 427-room hotel tower, 10,000-square-foot spa expansion and the build-out of four penthouse suites on the 17th floor. Design Team Station Casinos assembled an award-winning design team to develop Red Rock Casino, Resort and Spa, the first billion-dollar development to be built off the Las Vegas Strip. Perini assembled an equally impressive construction team to meet the owner’s expectations. Friedmutter Group, Las Vegas, handled the responsibilities of overall design architect, overall executive architect and overall interior design for Red Rock Casino, Resort and Spa, including the casino, high-limit gaming areas, race and sports book, bingo, all restaurants, meeting and banquet spaces, lobby, corridors, hotel rooms, and select suites. Architropolis, Portland, OR, provided all master planning and design for The Spa at Red Rock Las Vegas in addition to providing complete interior design, project management and construction supervision for the project. Anita Brooks of Anita Brooks Interiors, Las Vegas, served as the owner’s design consultant, advising on the interior design of the property, as well as serving as the interior designer for the guestrooms and suites. STATION CASINOS ASSEMBLED AN AWARD-WINNING DESIGN TEAM TO DEVELOP RED ROCK CASINO, RESORT AND SPA, THE FIRST BILLION-DOLLAR DEVELOPMENT TO BE BUILT OFF THE LAS VEGAS STRIP. PERINI ASSEMBLED AN EQUALLY IMPRESSIVE CONSTRUCTION TEAM TO MEET THE OWNER’S EXPECTATIONS. 4 5
  • 5. Building Operations Perini Building Company “It’s exciting to see this building take shape. It will be the crown jewel of Las Vegas.” DONALD J. TRUMP “Mr. Trump has built a reputation for creating luxurious projects and understands the nuances that govern whether a project will be built on time and within budget. Finding the appropriate company takes research and resolve, but is critical for a project of this magnitude.” JACK CHRISTIE, TRUMP INTERNATIONAL, V.P. SALES AND MARKETING Trump International Hotel & Tower Las Vegas, NV Renowned real estate developer and entrepreneur Donald J. Trump has selected Perini to construct his first Las Vegas project. Bergman, Walls and Associates, Ltd. is leading the design team on the 64-story, 1.5 million-square-foot hotel/con- dominium tower for Trump-Ruffin Tower 1, LLC, a partnership between Trump and Kansas businessman Phil G. Ruffin. The tower, with interiors designed by Design 360 Unlimited, will be clad in gold glass with white trim and contain 1,282 units and a 467-space parking facility. The project is one of several Perini has completed for Trump, including Trump Plaza and the Taj Mahal Casino Resort in Atlantic City, NJ. We expect to complete one floor every six days with a total construction period of 72 weeks. The first residents are expected to move into Trump International in early 2008. Cosmopolitan Resort & Casino, Las Vegas, NV The 3,000-room Cosmopolitan Resort and Casino — designed by Friedmutter Group with interiors by Paul Duesing Partners for 3700 Associates, LLC. — will feature two hotel/condominium towers, a casino, convention and conference space, nightclubs, spa, fitness center, 2,000-seat theater and pool deck. To build the below-grade parking structure, Perini must excavate 1 million cubic yards of dirt from the site, utilizing slurry wall construction techniques, a first for Las Vegas. 7
  • 6. Building Operations Foxwoods Expansion Ledyard, CT Perini Building Company The two million-square-foot expansion project for the Mashantucket Pequot Tribal Nation was designed by Dallas-based HKS, Inc with interiors by Wilson & Associates of Dallas, TX. In addition to the 824-room hotel tower; the project will feature a 50,000-square-foot ballroom and junior ballroom; 50,000 square feet of gaming space; and several restaurants and retail stores. One Queensridge Place Las Vegas, NV Tower cranes stand tall overlooking Las Vegas’ Badlands Golf Course, supporting the construction of these two, 18-story, 220-room luxury condominium towers. Designed by JMA Architecture Studios, One Queensridge Place will include spa facilities, fitness center, 61,000-square-foot recreation deck, meeting rooms, wine cellar, 10,000-square-foot central plant, connector lobby, 10-acres of site improve- ments including 66 parking spaces, and two below-grade parking levels. Main Hotel Registration, Caesars Palace Augustus Tower Las Vegas, NV OUR BACKLOG OF HOSPITALITY AND GAMING PROJECTS INCLUDES MANY GLOBALLY RECOGNIZED Guests staying at Caesars Palace register at the new registration lobby at the base of the 26-story, 949- BRANDS WHO ARE REPEAT CLIENTS, INCLUDING MGM MIRAGE, DONALD J. TRUMP, STATION CASINOS room Caesars Palace Augustus Tower. Included in the scope of work was an 87,044-square-foot lowrise tie-in to the existing casino including promenade entrance, VIP registration lounge and porte cochere. AND GAYLORD HOTELS. MAJOR PROJECTS FOR NEW CLIENTS INCLUDE FOXWOODS RESORT CASINO AND THE COSMOPOLITAN RESORT & CASINO. 8 9
  • 7. Building Operations Perini Building Company Westgate City Center – Phase I Marriott Hartford Downtown Glendale, AZ Hartford, CT Designed by Kurt D. Reed Associates, Inc. A symbol of Hartford’s ongoing renaissance, for the Ellman Companies, Westgate City the newly constructed 22-story Marriott Center consists of 610,000 square feet of Hartford Downtown was officially opened in heavily themed commercial retail space August 2005 by J.W. Marriott, Jr., Chairman adjacent to the Perini-built Glendale Arena, and CEO, Marriott International. Vivo, a grand including seven single-story buildings, two trattoria located on the first floor of the hotel, 4-story buildings with one level of under- represents the distinctive and stylish design ground parking, surface parking, an inter- of the building, and features 20-foot vaulted active water park for children and a 2-acre ceilings with authentic Italian touches such water feature containing animated fountain as Marmorino plastered walls. displays. Vertical and horizontal active and static graphic signage displayed throughout a public entertainment exterior mall. Gaylord National Resort and Convention Center Prince Georges County, MD The Gaylord National Resort and Convention OUR CORE COMPETENCIES AND RESOURCES ALLOW Center is the cornerstone of the National Harbor Development located on the Potomac US TO MEET THE NEEDS OF EXPANDING NICHE MARKETS River just outside of Washington, DC. The AS WELL AS MIXED-USE RETAIL AND COMMERCIAL 42-acre project will include 1,503 hotel rooms, DEVELOPMENTS AND SPORTS AND ENTERTAINMENT over 400,000 square feet of convention and meeting space, and parking for 2,600 cars. VENUES AS OPPORTUNITIES ARISE. A 65,000-square-foot glass atrium will be constructed in the signature style for which the Gaylord Hotels brand is known. The project was awarded to a joint venture of Perini and Tompkins Builders, Inc. 10 11
  • 8. Building Operations The J. David Gladstone Institutes Mission Bay Laboratory Building Rudolph and Sletten, Inc. San Francisco, CA The Mission Bay Laboratory Building provides approxi- mately 200,000 square feet of space for laboratories and offices, and a 150-seat auditorium just off the first-floor lobby. It houses the Gladstone Institute of Cardiovascular Disease, the Gladstone Institute The philosophy of Rudolph and Sletten, Inc. — acquired by Perini Corporation in 2005 —“We don’t of Virology and Immunology and the Gladstone just build buildings, we build relationships,” is akin to Perini Building Company’s mantra, “Building Institute of Neurological Disease. Designed by relationships on trust.” Similarly, a large percentage of Rudolph and Sletten’s backlog consists of projects architects NBBJ of San Francisco, the Gladstone building is the first major steel-frame building for repeat clients, 85% on average, yearly volume. to use an unbonded brace-frame system. The diagonal braces act like automobile shock Since its founding in 1960, the Company has literally laid the foundations for companies that have absorbers during an earthquake and absorb defined the high-tech revolution in California. Rudolph and Sletten specializes in biotech, medical most of the lateral forces of a temblor. devices and pharmaceutical projects; institutional buildings; corporate campuses and one-of-a-kind opportunities like the Monterey Bay Aquarium (shown with other recent milestone projects below) that combines building experience with creative solutions. Rudolph and Sletten is working closely with Perini Building Company, taking a lead management role on certain Native American hospitality and gaming projects in California, a market in which Perini is aggressively focused. Rudolph and Sletten is headquartered in Redwood City, CA with offices located in Irvine, Roseville and San Diego. Monterey Bay Aquarium Childrens Hospital Los Angeles Medtronic Minimed Monterey, CA Los Angeles, CA Northridge, CA SINCE ITS FOUNDING IN 1960, RUDOLPH AND SLETTEN HAS LITERALLY LAID THE FOUNDATIONS FOR COMPANIES THAT HAVE DEFINED THE HIGH-TECH REVOLUTION IN CALIFORNIA. Chiron Life Sciences Center Hewlett-Packard Company Sun Microsystems, Inc. Campus Emeryville, CA Palo Alto, CA Santa Clara, CA 12 13
  • 9. Building Operations Engineering Building, University of California, San Diego, CA Rudolph and Sletten self-performed the architectural concrete (exterior beams and columns) for this 141,511-square-foot building Rudolph and Sletten, Inc. housing the college’s Computer Science and Engineering Department, designed by Bohlin Cywinski Jackson of Pittsburgh, PA. The structure features research spaces — made up of offices, research labs, and research interaction spaces — and conference rooms. The interior lobby spaces include radius staircases topped with architectural concrete, and radius cantilevered architectural concrete slabs with stainless steel handrails. The Joan and Irwin Jacobs Center for La Jolla Playhouse La Jolla, CA Rudolph and Sletten was Construction Manager of this award-winning 54,000- square-foot facility comprising a theatre, three classroom and design studios, rehearsal hall, restaurant and cabaret, and administrative offices. At the heart of the facility designed by RoTo Architects, Inc. of Los Angeles, CA, is a state- of-the-art, 6,500-square-foot, 450-seat, “black box” theatre designed with removable/adjustable seating, stage and lighting facilities to accommodate a variety of configurations. “In the early development stage, Rudolph and Sletten was essential to helping us complete the delicate balance between the architecture and the building program...working with the architects and various trades to identify items on which we could economize.” ELLERY BROWN, DIRECTOR OF OPERATIONS, LA JOLLA PLAYHOUSE A LARGE PERCENTAGE OF RUDOLPH AND SLETTEN’S BACKLOG CONSISTS OF PROJECTS FOR REPEAT CLIENTS, 85% ON AVERAGE, YEARLY VOLUME. 14 15
  • 10. Building Operations Florida Atlantic University College of Business James A. Cummings, Inc. Boca Raton, FL Schenkel Shultz Architecture of Orlando, FL designed this project for Florida Atlantic University, requiring the construction of a new 4-story College of Business building and partial demolition and renovation of James A. Cummings, Inc. is one of Florida’s leading builders of schools, college and university existing campus buildings (Fleming Hall, campuses, and municipal facilities. Recently enacted state legislation requires school districts to reduce Business East, and Business West). the number of students in each classroom, creating an unparalleled market for new public schools. A new 3-story atrium will be constructed to connect the College of Business building to the existing business building. Hospitality and high-rise residential projects benefit from Cummings’ resources, market know-how and its close relationship with Perini Building Company, ranked as the top builder of hospitality projects in the U.S. James A Cummings, Inc. is headquartered in Ft. Lauderdale, FL with offices in West Palm Beach and Orlando. HOSPITALITY AND HIGH-RISE RESIDENTIAL PROJECTS BENEFIT FROM CUMMINGS’ RESOURCES, MARKET KNOW-HOW AND ITS CLOSE RELATIONSHIP WITH PERINI BUILDING COMPANY. Piedmont Lakes Middle School Relief Project Wolf Lake Elementary School Apopka, FL In Apopka, FL, Cummings is building two school relief projects on a single site. The Piedmont Lakes Middle School (above and upper right, aerial photo) is a one-story prototype middle school reflecting the District’s “right-sizing” criteria and consists of eight tilt-up concrete buildings surrounding a central courtyard on a 50-acre site. The design by Schenkel Shultz Architecture was developed to house a maximum enrollment of approximately 1,380 students. The two-story, 92,613-square-foot Wolf Lake Elementary School (bottom left, aerial photo) will have 860 student-station capacity. Coconut Grove Residences Fort Lauderdale, FL Designed by JT Architect, Inc. of Boca Raton, FL, this new 14-story, 64-unit high rise condominium, (left) on Fort Lauderdale Beach for Coconut Grove Limited Partnership features sweeping curved elevations of floor-to-ceiling blue tinted glass walls. Throughout construction, a native beach dune and designated turtle nesting preserve located on site must be maintained and protected. 16 17
  • 11. Diversity Development: Changing the Face of Building Construction “We are reaching far into the minority contractor community. ‘Building relationships on trust’ is not just reserved for Perini Building Company is working aggressively to change the face of building our clients — it also applies to our relationships with certified MBE/WBE/DBE businesses who, as our partners and construction by opening doors for minority, women and disadvantaged-owned partners of our major subcontractors, can grow and excel.” businesses, with an innovative Diversity Development Program designed to recruit, educate, mentor, and retain qualified subcontractors and vendors. DICK RIZZO, CHAIRMAN, PERINI BUILDING COMPANY “Our program encourages qualified, certified MBE/WBE/DBE subcontractors and vendors to review Perini’s prequalification process and take the necessary steps to apply,” says Rizzo. “Many highly qualified minority, women and disadvantaged- owned businesses are either too small, do not have the contacts or lack the bonding capacity to receive contracts on their own. We’re committed to providing opportunities on our projects.” AT THE HEART OF OUR DIVERSITY INITIATIVE IS A COMPREHENSIVE Perini has successfully mentored diverse companies in the past and continually APPROACH TO MENTORING AND seeks qualified firms with whom to partner. In addition, the Company has policies EDUCATING BUSINESSES ABOUT in place to ensure that its major subcontractors actively actively seek and mentor MBE/WBE/DBE firms as well. THE COMPLEXITIES AND DEMANDS OF WORKING WITH A LARGE To foster minority participation, Lorrinda Gray-Davis, Perini’s Director of Diversity, CONSTRUCTION COMPANY. has developed a number of strategic measures including informational workshops and a mentoring program that partners Perini’s key subcontractors with less experienced firms. “The diversity program is about providing an opportunity to bid on work with an equal and level playing field,” says Gray-Davis. “We do this by teaching companies how to grow their businesses.” At Project CityCenter for example, Perini is following the example set by owner MGM MIRAGE. “Our goal is to include the highest possible percentage of minority participation.” says Anderine Cowan, Construction Diversity Manager for MGM In addition to its powerful mentor/protégé MIRAGE (above right with Perini Building Co. Chairman, Dick Rizzo). program, Perini’s commitment to diversity is very proactive, with a full spectrum of seminars and training workshops to help “To do this, we conduct very specific workshops to help minority business and minority participants navigate the oceans vendors understand this massive project,” says Gray-Davis. of paperwork and requirements associated with obtaining bonding and certifications, Perini aspires to set the standard for building a skilled, qualified and dynamic submitting bid proposals, executing agreements, as well as marketing and pool of minority subcontractors and vendors, and to encourage these values technology issues. among their industry colleagues. 18 19
  • 12. Perini Management Services Communications Infrastructure Turkey LSA Anaconda, Iraq Georgia prus Perini is the Contractor-Construction Agent for communications infrastructure Kazakhstan Armenia Lebanon Azerbaijan facilities at LSA (Logistics Support Area) Anaconda in Iraq. We are supporting rael Syria General Dynamics Network Systems, General Dynamics C4 Systems, and Uzbekistan Jordan Turkmenistan Iraq Computer Science Corporation as part of an integrated team to furnish complete “Our cadre of US and UK supervision and PMSI management have the courage and competence Kyrgyzsta voice, video, and data network infrastructure for U.S. military bases within Iraq Tajikistan Iran and throughout Southwest Asia. to project a Perini presence anywhere in the world, deal with extreme security and logistics issues Kuwait and make critical decisions to achieve the impossible.” Afghanistan Saudi Arabia Overhead Coverage Systems Bahrain Qatar Multiple Sites, Iraq ROBERT BAND, PRESIDENT & CHIEF OPERATING OFFICER, PERINI CORPORATION In September 2005, we were awarded two Task Order contracts to design and Pakistan U.A.E. construct overhead coverage systems in multiple locations in Iraq to protect U.S. base facilities against insurgency attacks. Oman Perini Management Services, Inc. offers highly specialized construction management and design/build services to the U.S. government throughout the world. We also deliver the resources of our building and civil construction operations to multinational corporations and sureties in North America and overseas. Afghan National Army Brigade Facilities In the U.S., a Perini-led joint venture performs power plant maintenance and modification for Exelon, Gardez, Darualaman and Mazar-el-Sharif, Afghanistan the nation’s leading nuclear power producer. Perini was the first US contractor to begin the reconstruction of Afghanistan in 2003 and since then, Perini-led design/build teams have constructed four We have a unique capacity to execute multi-year, multi-trade task order contracts throughout the regional Afghan National Army bases under Task Orders awarded through Indefinite Delivery/Indefinite Quantity contracts to provide design/build services world. Our proven performance in planning and logistics, cost and schedule control, rapid deployment, to the U.S. Army Corps of Engineers, within the 25-country Central Command, partnering and team leadership differentiates us from our peers. or CENTCOM, Area of Operations. Contract Completion Assignments Contract completion assignments, offered by sureties as a result of contractor failures, continue to contribute to our reputation and backlog. Time and again — and coast-to-coast — we have demonstrated the ability to provide a seamless takeover and/or immediate resumption of work impacted by contractor defaults. WE HAVE PLAYED A MAJOR ROLE IN THE RECONSTRUCTION PROCESS IN AFGHANISTAN AND IRAQ, In 2005, we completed critical bridge repairs on the Henry Hudson Parkway in New York City (above) and a community recreational facility in Lincoln City, OR. SPECIFICALLY, THE REGION’S ELECTRICAL INFRASTRUCTURE, INCLUDING ELECTRICAL GENERATION, TRANSMISSION AND DISTRIBUTION. 20 21
  • 13. Civil Construction Operations Metro-North Railroad, Hudson Line Westchester County, NY Perini Civil Construction Perini is reconstructing nine stations along the Metro North Railroad’s Hudson Line, a major mass transit commuter route from Westchester County to New York City and Long Island. Construction sequencing must be closely coordinated with commuter rail opera- tions. Major elements of the reconstruction program include platform replacement, and new or refurbished enclosed staircases and overpasses with elevators. The overpasses are also being raised to increase clearances for freight trains. New, longer canopies and In 2005, in Metropolitan New York and Northern New Jersey, Perini Civil Construction was heated waiting areas have been installed on the platforms along with new benches, kiosks, ranked third among transportation contractors by New York Construction News, a McGraw- public address systems, lighting and signs. Hill publication, based on revenues. Large urban infrastructure projects such as highways and bridges, mass transit, water, sewer and waste treatment facilities are the focus of Perini’s Bronx-Whitestone Bridge civil construction operations. Aging infrastructure, increasing densities of urban and suburban Project crews began replacing the suspension bridge’s 64-year-old roadway deck in June with 408 lighter steel orthotropic plates — the areas, and expanding traffic flows support new construction and modernization of transporta- central part of a $136.7 million, 35-month contract issued by Metropolitan Transportation Authority Bridges and Tunnels. Project prepara- tion facilities, a market well suited to our resources and experience. tion began in November 2003, with early efforts involving preparation of shop and fabrication drawings and the installation of gantry cranes, temporary structural supports, and a temporary work platform under the bridge. Achieving success in a crowded, competitive market requires superior project selection, pre- cise estimating, innovative thinking, and unparalleled execution. We welcome opportunities to joint venture on large-scale, multi-faceted infrastructure programs, and have long-established relationships with other top civil contractors to pursue projects that involve risk-sharing. Brooklyn-Queens Expressway The project — the rehabilitation of approximately .8 miles of I-278 in Queens, New York — includes ACHIEVING SUCCESS IN A CROWDED, COMPETITIVE MARKET REQUIRES SUPERIOR PROJECT SELECTION, realignment and new concrete of the mainline roadway, replacement/rehabilitation of 11 bridges over PRECISE ESTIMATING, INNOVATIVE THINKING, AND UNPARALLELED EXECUTION. local streets, new relocated ramp construction, retaining wall construction and noise wall installation. The New York State Dept. of Highways contract was awarded to a joint venture of Perini and Tutor-Saliba. 22 23
  • 14. Civil Construction Operations Backlog Briefs Diversity Matters Cherry Hill Construction, Inc. Cherry Hill Construction is focused on civil works projects in the competitive Metropolitan Sheraton Phoenix Downtown Hotel Lorrinda Gray-Davis Phoenix, AZ Perini Building Company Baltimore/Washington, D.C. market, with operations throughout the Mid-Atlantic States and Florida. Downtown Phoenix Hotel Corp. Lorrinda Gray-Davis, director of diversity Acquired in 2005, Cherry Hill enjoys a strong regional reputation and specializes in excavation and development for Perini Building Company was In Brief: 33-story, 980-room hotel with named Corporate Advocate of the Year by the earthmoving, foundations, paving, and the repair, replacement and reconstruction of infrastructure. 100,000 square feet of ballrooms and Grand Canyon Minority Supplier Development meeting space, a restaurant and 2-story, Council, Inc., for her outreach efforts in sup- Cherry Hill self-performs much of its work, enabling it to exert tight control on costs and schedule. 550-space below-grade parking garage. port of minority owned businesses. Gray-Davis Designed by Arquitectonica of Miami, FL serves on the Board of Directors for the Grand and RSP Architects of Tempe, AZ. Canyon Minority Supplier Development Council. In 2004, she was appointed to the Governors Equity in State Contracting Commission, and has been an active volunteer in a number of organizations, including the Arizona Hispanic Bellagio Employee Parking Garage Chamber of Commerce and the American Las Vegas, NV Indian Chamber of Commerce. MGM MIRAGE Design Group Alyce Zahniser In Brief: 10-story, 5,300-space parking James A. Cummings, Inc. garage designed by HKS. Alyce Zahniser, director of diversity development for James A. Cummings, Inc., a wholly-owned subsidiary of Perini Corporation, recently received the Salute to Business Award from the Fort Lauderdale Chamber of Commerce for “doing the most for women in business.” Chair of the Broward Minority Alliance, Alyce is also president of the National Association for Women in Construction, and recipient of their Muriel Palomar Medical Center West Chippendale Award for Mentoring. “Diversity Escondido, CA is a process,” says Alyce, “not a project.” Palomar Pomerado Health In Brief: Rudolph and Sletten, Inc. is Perini Management Services managing the construction of a new Iraq and Afghanistan 11-story, 453-bed tertiary care facility for Perini Management Services, reconstructing Palomar Pomerado Health (PPH). Designed Iraq and Afghanistan, is skilled at identifying by CO Architects of Los Angeles, CA, the capabilities of local craftsmen and laborers, this 800,000-square-foot facility would Light Rail Double Track, Sections 1– 4 directing them in the most appropriate use of be PPH’s flagship medical/surgical acute Maryland DOT & Maryland Transit Administration their skills and training, and assigning them to care center. task-specific workgroups. This mentoring Cherry Hill installed 5.4 miles of track parallel to an relationship fosters good practices, allows existing light rail line that has been single tracked since workers to learn additional skills on the job Prestigious Construction Safety Excellence Award the system was originally built. The scope of work and develops businesses that are self-sustain- ing once our work is completed. The AGC/Willis Construction Safety Excellence Awards are given annually to contractors who included excavation, electrical installation, signalization best demonstrate a cultural commitment to safety. Perini Building Company, Inc. was awarded and storm drainage construction, With a second set top honors in the “Over 1 Million Work Hours” category. Each new project at Perini begins with of tracks, service along the line will be more reliable, project managers, superintendents and safety professionals creating a job-specific safety pro- gram based on a hazard analysis of the various methods of construction to be used in the work, flexible and improved. whether it's structural steel, concrete, precast or finishes. These plans are incorporated in the bid structure before the description of work going out for bid. This commitment to safety has kept Perini’s incident and frequency rates well below the national average. Washington Monument Security Project Washington, D.C. Shortly after September 11, 2001, stop-gap measures were taken at many of our nation’s great monuments and memorials to deter terrorist attacks. Unsightly bollards and barriers surrounded the Washington Monument. Today, the barriers are gone and in their place, a series of interlocking rings of 30-inch-high granite wall provide ample security. Designed by the Olin Partnership of Philadelphia, the new security measures were constructed in part by Cherry Hill, responsible for demolition and earthwork, utilities and an extensive system of concrete walkways. 24
  • 15. Richard J. Rizzo Chairman Perini Building Company, Inc. 360 East Coronado Road Phoenix, AZ 85004 (602) 256-6777 3960 Howard Hughes Parkway Suite 620 Las Vegas, NV 89109 (702) 792-9209 Joseph R. Perini Vice President, Business Development Perini Building Company, Inc. 73 Mt. Wayte Avenue Framingham, MA 01701 (508) 628-2257 Bob Maxwell Business Development Executive Rudolph and Sletten, Inc. 1600 Seaport Boulevard, Suite 350 Redwood City, CA 94063 (650) 216-3600 Ray de la Feuilliez Vice President of Business Development James A. Cummings, Inc. 3575 NW 53rd Street Ft. Lauderdale, FL 33309 (954) 733-4211 ext. 244 Ed Greco Director of Business Development Perini Management Services, Inc. 73 Mt. Wayte Avenue Framingham, MA 01701 (508) 628-2417 Perini Civil Construction 1022 Lower South Street Peekskill, NY 10566 (914) 739-1908 Cherry Hill Construction, Inc. 8211 Washington Boulevard Jessup, MD 20794 (410) 799-3577 www.perini.com Second Century Project Management: Field Communications Associates, Inc. Creative: Beagan Design Principal Photography: Field Communications Associates, Inc. Other Photography/Renderings: Gregg Photographic, LLC Scott Forst Renderings and models provided by owners