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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Saturday, Oct 17
Huna Totem asks Juneau planners to approve a scaled-down Áak'w Landing uplands plan
Huna Totem asks Juneau planners Oct. 27 to shrink Áak'w Landing's uplands plan, cutting retail space from 50,000 to about 31,000 square feet.

Park Service proposes ATV access across Gates of the Arctic for Anaktuvuk Pass residents
Anaktuvuk Pass hunters could drive off-road vehicles across Gates of the Arctic under a proposed rule ending a 1986 ban rooted in dictionary definitions.

Anchorage Assembly to consider study of building rules in high-hazard earthquake zones
Anchorage's earthquake hazard maps trace back to 1979. New ones are due this year, and the Assembly may ask city staff what they should mean for building rules.

Kodiak council takes final vote Thursday on $5.6 million in loans for Aleutian Homes pipes
Kodiak votes Thursday on $5.6 million in state loans for decades-old Aleutian Homes pipes. The finance director says a utility rate study is needed soon.

Hillside neighborhood that pays for its own roads could get a bigger road contract
South Goldenview pays for its own roads, not the rest of Anchorage. A new contract would cap its road spending at $800,000 a year, up from $600,000.

Anchorage Assembly to consider $700,000 to start designing trash-burning power plant
Anchorage wants to turn trash into electricity. The next step is a $700,000 design contract. A city plan puts the whole plant at about $750 million.

Sitka Planning Commission takes testimony on requiring permits for data centers
Sitka's zoning code covers tanneries and log storage but says nothing about data centers. A city proposal would require a permit for one in five districts.

Sitka proposes moving six cemeteries into its restrictive cemetery zoning district
Sitka wants six cemeteries, including the national cemetery and the Russian Orthodox one, zoned strictly for cemetery uses. Planners take testimony Wednesday.

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Friday, Oct 16
Homer's draft code would require engineered stormwater plans for far smaller projects
Homer's draft zoning code would make more projects hire an engineer for stormwater. Its community development director says drainage needs more than that.

State plans to approve air permit change for Pikka oil plant on North Slope
Pikka's oil plant wants to trade some nitrogen oxides for volatile organic compounds, and state regulators are preliminarily on board. Comments run to Nov. 16.

AIDEA board to vote on a $75 million company to invest in undersea internet cables
Alaska's internet leans on four undersea cables, two of them 27 years old. AIDEA could put up to $75 million toward replacing them, and maybe reaching Asia.

Motorist hits guardrail on icy Richardson Highway in Thompson Pass
A motorist hit a guardrail on icy Richardson Highway in Thompson Pass Thursday, troopers said. No injuries, but the pass sees 700+ inches of snow a year and frequent avalanches.

Ketchikan Shipyard workers rejoin union after new operator said old contract didn't apply
New operator, same union. Ketchikan Shipyard workers voted 27-7 to rejoin their union after the yard's new operator said their old contract didn't carry over.

Rollover partially blocked Edgerton Highway between miles 26 and 27 Friday morning
A vehicle rollover partially blocked the Edgerton Highway between miles 26 and 27 Friday morning. The advisory was gone by Friday evening, with no word on injuries or cause.

Disabled vehicle blocks northbound Dalton Highway lane near Mile 86
A disabled vehicle blocked the Dalton Highway's northbound lane near Mile 86 Friday night, with icy conditions reported. Crews expected to clear it by Saturday morning, 7:14 am.

State proposes roundabouts for Badger Road intersections where crashes persist
Badger Road could get up to seven roundabouts, one or two at a time. The state wants to hear from the people who drive it before its survey closes Nov. 6.

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
Valdez budget would add $205,000 for events, a hatchery group and workforce contracts
Valdez wants 29% more for economic development, still less than it spent in each of the past three years. Gold Rush Days and the hatchery group get a bump.

Northrim takes $8.8 million hit on one customer days before vote on Oregon bank deal
One customer cost Northrim $8.8 million and a chunk of its third quarter, and the news landed days before shareholders vote on buying an Oregon bank.

Where Alaska LNG stands after Lutnick's 'federalized' remark
Permits: yes. Taiwan and Korea money, announced: yes. Closed financing, final sales contracts and a state tax deal: not yet. Here's where the gas line stands.

Water flows over Seward Highway near mile 13 north of Seward, Alaska 511 reports
Water is running across the Seward Highway near mile 13, north of Seward. The road's open, but drivers should slow down and not test the depth.

Aleutians East Borough seeks contractors to repair Cold Bay Dock, closed since August
Cold Bay's dock, the town's only fuel source, has been closed since August. The borough wants repair bids now; a new dock isn't due until 2030.

Trump says oil will "drop like a rock" after the Iran war, citing Alaska oil
Trump says oil will "drop like a rock" once the Iran war ends. If he's right, drivers win and Alaska's treasury loses about $35 million per dollar.

NOAA seeks small-business bids to operate its Fairbanks satellite ground station
NOAA wants a company to run the Fairbanks station that talks to its polar satellites about 135 times a day. Small businesses with security clearances only.

Sitka to post 'Do Not Enter' signs at two Monastery Street entrances
Sitka will post Do Not Enter signs at two Monastery Street entrances once Lake Street reopens Oct. 21, blocking turns from Arrowhead and DeGroff onto Monastery.

Kodiak Island Borough Assembly approves $4.2 million hospital chiller replacement
Kodiak Island Borough Assembly approved $4.2 million in contracts to replace the failing chiller at Providence Kodiak Island Medical Center.

Labor Department proposes retroactive OK for GCI 401(k) holding stock rights
Labor Department proposed exempting GCI's 401(k) plan from a rule barring it from holding GCI Liberty stock rights. The plan already sold them on Nasdaq, netting about $133,600.

A second power link to Kenai would run under Cook Inlet
Alaska wants a second power line between Kenai and Anchorage, under Cook Inlet's tides and ice. First it needs builders, and $142.5 million more.

Thursday, Oct 15
Fairbanks borough mayor proposes pause on large data center permits through 2027
Fairbanks' mayor wants no big new data centers permitted through 2027. Houston already hit pause, and Petersburg is drafting a pause of its own.

State scheduled Dalton Highway closures near Mile 7.5 Thursday night for a load recovery
DOT&PF plans intermittent closures on the Dalton Highway near Mile 7.5 from 7:30 to 9:30 pm Thursday for load recovery. Expect delays in both directions.

Corps has no 2027 maintenance dredging money for Nome yet, port director says
The Corps hasn't budgeted 2027 maintenance dredging for Nome and several other Alaska ports. Anchorage got its money. Nome says "all is not lost."

Federal money would cover 96% of Wasilla's $20 million runway extension, staff says
Wasilla's runway extension would cost the city about 4% of $20 million, staff says. First come the surveys that have to wait for leaves on the trees.

DOE awards ASRC subsidiary up to $49.8 million for Prudhoe Bay hydrate test site
The feds are paying an ASRC company up to $49.8 million to maintain a Prudhoe Bay methane hydrate test site and plan a possible second production test.

Commission recommends naming Anchorage Assembly Chambers for Dick Traini, 3-2
Anchorage's naming commission voted 3-2 to recommend naming the Assembly Chambers for Dick Traini, despite a city rule to wait 36 months after a death.

Park Service makes Denali's 160-vehicle daily road cap official before full reopening
Denali's 160-vehicle daily road cap is now regulation. The Park Service says it has followed that number since 2012; the new access is a day or two of season.

Mat-Su Platting Board approves six-lot subdivision near Engstrom Road
Six new lots near Engstrom Road got the OK. Neighbors worry about the Bogard-Engstrom intersection; the road meant to ease it is picked but not funded.

Merrill Field planners propose King Air 200 as design aircraft for 20-year plan
Merrill Field's 20-year plan will be built around the King Air 200. Also learned: the first stop for many rural flyers landing there is Costco.

Anchorage Assembly to consider $1.2 million for two fire tenders replacing aging trucks
Two Anchorage fire tenders are past the 25-year mark. The Assembly considers $1.2 million for replacements Tuesday, with delivery about 20 months out.

Antimony refinery developer Nova Minerals says its cash won't fund a year of plans
The company building a military antimony refinery at Port MacKenzie says it lacks the cash for another year of plans, after losing $25.6 million last year.

Fairbanks-area draft 20-year transportation plan totals more than $1.6 billion
Fairbanks' draft 20-year transportation plan runs $1.6 billion. Airport Way topped the survey's ugliest-road picks; FAST says 2018 fixes haven't advanced.

AGDC managers ask board for $1.28 million to support its 25% stake in Alaska LNG
The state's gas line corporation owns a quarter of Alaska LNG and wants $1.28 million to oversee its stake, including readiness for a possible clawback.
