Lunda Construction Awarded $67.2 Million I-94 and I-394 Interchange Project in Minneapolis

TPC
September 06, 2025
Tutor Perini Corporation announced on June 11, 2025, that its subsidiary, Lunda Construction Company, has been awarded a contract valued at approximately $67.2 million. The contract, from the Minnesota Department of Transportation, is for the I-94 and I-394 Interchange Project in Minneapolis. The scope of work includes repairing 34 bridges and ramps along I-394 and I-94 between downtown Minneapolis and Highway 100. The project also involves maintenance work on the Dunwoody Boulevard ramp. Additionally, the project includes replacing the deck for the Penn Avenue bridge that crosses over I-394 and other improvements along I-394. Work is expected to begin in July 2025, with substantial completion anticipated in the summer of 2027. The contract value has been added to the company’s backlog in the second quarter of 2025. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.