Tuesday, June 3, 2008

CityCenter: Unsafe At This Speed?

The sixth construction-worker death this past weekend at the $9.2 billion CityCenter, the nation's most expensive construction site, has prompted workers to walk off the job last night and demand more independent scrutiny of working conditions there.

MGM Mirage says the problem needs to be worked out between their general contractor, Perini, and the trades. So far, nobody in the media has been able to get a comment from Perini. Perini stock is down 3.65 percent so far today; MGM stock is down nearly 2 percent.