Economy & Business
RSSEconomy & Business in Alaska is the mix of government decisions, contracts, grants and private projects that shape the state's economy. It covers municipal budgets, infrastructure and airport planning, federal grants and contracts, employment trends, and energy development across Alaska.
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Tuesday, Oct 20
Mat-Su manager tallies $386 million in outside grants, led by $249 million rail award
Mat-Su Borough is getting $386 million in outside grants, led by $249 million to finish the Port MacKenzie rail extension.

Alaska VA seeks psychologists to evaluate its police applicants and officers each year
The Alaska VA wants a psychologist to vet its Anchorage police: two tests, a life history and 10 traits from integrity to impulse control. Then yearly checkups

Air Force Reserve pilots on bush-flying course shut off fuel leak at overturned Super Cub
Air Force Reserve pilots training in bush flying landed near an overturned Super Cub on an Alaska river sandbar and shut off its leaking fuel.

Seward planning commission approves fourplex on Phoenix Road with conditions
Seward's planning commission approved a 4-unit fourplex on Phoenix Road for developer Phil Zimmerman, with parking, trash and landscaping conditions.

Seward planning commission backs letting 3- to 5-unit housing skip conditional use permits
Seward's planning commission voted 5-0 to let 3 to 5 unit housing skip conditional use permits if builders meet set rules. The City Council still must approve the change.

Seward and its chamber weigh a study of how much tourism money stays in town
Seward wants to know how much tourism money stays in town. At a work session, locals asked about J-1 wages, outside-owned rentals and empty winters.

Mat-Su counts at least 763 buildings likely too close to lakes as Assembly weighs a fix
Mat-Su counts at least 763 lakefront buildings likely too close to the water, maybe double that. A one-page plan would give owners a year to go legal.

Three Alaska telecoms lay out plans for $353 million in federal broadband grants
Three telecoms holding $353 million in federal broadband grants told an Anchorage business crowd where they'll build. One expects to finish by 2030.

More from Economy & Business
Sitka delays Lake Street reopening and Monastery Street 'Do Not Enter' signs
Sitka has delayed reopening Lake Street, pushing back new "Do Not Enter" signs at two Monastery Street entrances. The road could reopen as early as next week, weather permitting.

Non-aviation rent at Kodiak Airport starts at twice recent aviation rates
A Kodiak Airport lot is up for bid for non-aviation use at 37.5 cents a square foot, roughly twice what aviation tenants there have recently been charged.

Six of seven Alaska air service routes draw one bid each, all seeking more federal money
Six of seven roadless Alaska towns up for federally subsidized flights got exactly one bid, from the airline already there. All of them want a raise.

Anchorage commissioner moves to approve 8-foot Girdwood fence on Hightower Road
Anchorage zoning commissioner moved to approve an 8 foot fence, double the usual limit, on a Girdwood property on Hightower Road.

Archangel Road in Hatcher Pass closes to vehicles for the winter
Archangel Road in Hatcher Pass closed to cars for the winter Tuesday. Reed Lakes hikers, you're walking now. Snowmachiners, your season is coming.

Chugach, the Alaska Chamber's business of the year, has bought five Alaska firms since 2024
Chugach, which bought Cordova's Copper River Fleece this summer, won the Alaska Chamber's big-business award. It has bought five Alaska firms since 2024.

YWCA Alaska names Chugach Commercial Holdings president Gwen Welch a Woman of Achievement
YWCA Alaska named Gwen Welch, president of Chugach Commercial Holdings, a 2026 Woman of Achievement.

NTSB investigating Cessna that lost control while landing in Meadow Lakes
A 1972 Cessna 206 lost control on the ground while landing in Meadow Lakes on Oct. 1. Nobody was hurt, and the NTSB opened a case, as it does.

About Economy & Business
Economy and business in Alaska is the mix of government decisions, contracts, grants and private projects that shape the state's economy. It is the broad subject that holds narrower topics such as business, energy, oil and gas, mining, aviation and tourism.
Much of it runs through public bodies, with municipal assemblies approving contracts and planning decisions, state agencies leasing land and selling gravel and rock, and AIDEA lending to industry. Recurring questions concern infrastructure such as harbors, airports, roads and water and sewer lines, along with housing and zoning rules, energy supply, labor contracts, federal grants and military construction.
Its decisions reach every part of the state, from Anchorage and the Mat-Su to Kodiak, Cordova, Haines and the North Slope. Federal and military spending, resource development and Alaska Native corporation ventures all feed into the economy.
More from Economy & Business
Cordova closes Railroad Avenue between Industry Way and Breakwater Avenue over debris
Cordova closed Railroad Avenue between Industry Way and Breakwater Avenue due to debris in the road. The closure is in effect until further notice, with no reopening date given.

Monday, Oct 19
Army seeks small-business quotes for 11th Airborne Division historian at JBER
Fort Wainwright is soliciting small businesses for a part-time historian to support the 11th Airborne Division at JBER. Quotes are due Oct. 23, with the contract running through at least 2027.

Forest Service seeks a shipyard to haul out and repaint its floating barracks
The Forest Service wants a small business to haul out and repaint the Misty, a 1979 steel barge with a two-story barracks mounted on top, now near Ketchikan.

Fake invoices posing as the Mat-Su Borough are targeting people who apply for permits
Fake invoices made to look like they came from the Mat-Su Borough are hitting people who apply for land use permits. One shop got 10 in nine days.

Commercial vehicle rollover closes Tok Cutoff Highway near mile 52 Monday evening
A commercial vehicle rollover closed the Tok Cutoff Highway near mile 52 Monday evening, reopening pushed to 10:20 pm.

Cook Inlet Housing asks Anchorage to lift 2001 rules on its Creekside land
Cook Inlet Housing wants Anchorage to scrap 2001 rules on its Creekside land at Muldoon and DeBarr, calling them prescriptive and time-consuming.

Duffy announces $250 million federal grant to finish Port MacKenzie rail link
Duffy brought $250 million to finish the Port MacKenzie rail link, started in 2013, and promised to have dirt turning by spring at "Trump speed."

First National Bank Alaska switches to new online banking; customers must update app
First National Bank Alaska switched to a new online banking system Monday. Customers need to update the app, redo alerts and reconnect Quicken. Homework time.

Juneau closes Calhoun Avenue pedestrian bridge a year after setting aside money to replace it
Juneau closed the Calhoun Avenue pedestrian bridge as unsafe. A year ago it set aside $750,000 to replace it in 2026. None was spent through July.

Sunday, Oct 18
Fish and Game names low bidder for $3.58 million Susitna Landing boat launch rebuild
Fish and Game picked Nodak Electric & Construction's $3.58 million bid to rebuild Susitna Landing boat launch on the Kashwitna River in Willow.

Darren Franz to succeed Betsy Lawer as First National Bank Alaska CEO in January
First National Bank Alaska picked Darren Franz to replace Betsy Lawer as CEO in January. Lawer stays as executive chair after growing the bank to $5.1 billion.

Park Service puts Glacier Bay's only kayak rental up for bid for the next 10 years
The only place to rent a kayak and paddle Glacier Bay on your own is up for bid. The Park Service wants proposals for a new 10-year contract at Bartlett Cove.

Disabled truck closed Dalton Highway in both directions near Gobblers Knob Saturday
A disabled truck shut the Dalton Highway both ways near Gobblers Knob Saturday morning, reopening by 9:23 pm. Snowy, warm conditions prompted a tire chain advisory on the North Slope's main road.

Juneau tourism task force puts up to $30 million price tag on Seawalk extension
Juneau's tourism task force put price tags on its fixes, from crossing guards to up to $30 million for the Seawalk. Fees got punted to the Assembly.

Cook Inlet Tribal Council offers career skills classes toward certification
Cook Inlet Tribal Council gives exams Friday and Oct. 30 for its free eight-class job-skills certification, covering anger, resilience and leadership at work.

Saturday, Oct 17
Petersburg voters approve up to $3.3 million to finish a backup diesel generator
Petersburg voters OK'd up to $3.3 million, 709 to 366, for a backup diesel generator the borough says it needs before standby power falls short.

Helicopters will service the Seward Peninsula's snow stations as the first snow arrives
The feds hired Bering Air to fly technicians to the Seward Peninsula's automated snow gauges, just as the first snow of the season shows up on them.

Girdwood street crews could get long-term control of their storage yard
Girdwood road crews have had a storage yard on a 3.3-acre lot for nearly 20 years. Anchorage may give them control, but the sewer plant next door may need it.

Lease extension to 2094 would let Chugiak senior project add rentals open to all ages
Anchorage Assembly holds a hearing Oct. 20 on extending Chugiak Senior Citizens' land lease to 2094 for new apartments. Phase two could open units to renters of any age.

Kodiak's floatplane base needs a new dock, and engineers will offer two ways to build it
The dock where every visiting floatplane parks at Kodiak's Trident Basin is sinking. Engineers will show the city two ways to rebuild it Wednesday.

Kodiak's proposed path to Bells Flats makes the state's draft plan, with design money only
A proposed 10-mile path from Kodiak toward Bells Flats made the state's draft transportation plan. The $2.6 million in it is mostly for design, not building.

Cordova tribe's company gets $2.1 million NIH order for population health statistics
A company owned by the tribe in Cordova will crunch numbers for an NIH division that studies pregnancy and child health, under a $2.1 million order.

Narwhal Exploration seeks state approval to drill up to three wells in West Harrison Bay
Narwhal Exploration wants to drill up to three oil wells from ice pads in Harrison Bay this winter, a year later than first planned. Comments are due Oct. 30.

Utqiagvik mayor proposes having online sellers collect city taxes, ending vaping tax
Utqiagvik's mayor wants online sellers and booking sites to collect city taxes, and wants to stop taxing vaping products. The council takes it up Thursday.
