Granite Wins Centex Project

The deal is valued at $21.3 million.
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A unit of

Granite Construction

(GVA) - Get Report

received a $21.3 million contract for a residential site development project in Reno, Nev., the company said in a press release.

Centex

(CTX)

selected Granite for the first phase of a multiphased, three-year project.

The project includes all mass grading, two major roadways and associated utility infrastructure for a 1,500-home subdivision to be called Bella Vista Ranch.

The project began last month and will be completed in December.

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