Elevate Inglewood Partners selected as Best Value Proposer for the Inglewood Transit Connector Project

Tutor Perini Corporation (NYSE: TPC) announced that Elevate Inglewood Partners (EIP), a consortium led by Tutor Perini, has been selected as the Best Value Proposer for the Inglewood Transit Connector (ITC) Project by the City of Inglewood.

The consortium includes Plenary Americas US Holdings, Inc., Parsons Corporation, Woojin Industrial Systems Co., Ltd., and Alternate Concepts, Inc.

The ITC project involves the design, construction, financing, operation, and maintenance of a 1.6-mile automated people mover system. The system will connect the Metro K Line to major employment and entertainment destinations in Inglewood, including the Kia Forum, SoFi Stadium, YouTube Theater, and the Intuit Dome.

The City of Inglewood, in partnership with LA Metro and the County of Los Angeles, has established the ITC Joint Powers Authority to oversee the project. The consortium is currently in negotiations with the City to finalize project terms.

The project is expected to create significant economic opportunities and improve quality of life for residents and visitors to Inglewood.