Tutor Perini, one of the largest construction giants in the world, will be building Rick Caruso’s Palisades Village project over the next 12 months. The contract value has not yet been revealed. The $4.2 billion-a-year firm is run by USC graduate Ron Tutor, a yacht enthusiast who was also briefly a Hollywood mogul. The company’s battles with Californian cities over billing questions have been well-documented: Tutor Perini is embroiled in a $228 million dispute over costs racked up prepping the LA-San Francisco bullet train route.
—JOHN HARLOW
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