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Economy & Business

Economy & 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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Monday, Oct 5

Bridge inspections close a lane on West Dimond Boulevard in Anchorage

The right lane of westbound W Dimond Boulevard near Carnelian Street is closed until 6 pm Monday, Oct. 5 for bridge inspections.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Bridge inspections close a lane on West Dimond Boulevard in Anchorage

Planners urge dropping Seward Highway and 5th and 6th rebuilds unless state's numbers add up

Anchorage planners want the Seward Highway rebuild and the 5th and 6th rebuild cut from the long-range plan unless the state's numbers add up. Vote Oct. 15.

Walter AlaskaNewsby Walter AlaskaNews1mo ago3 min readFrom
Cover image for article: Planners urge dropping Seward Highway and 5th and 6th rebuilds unless state's numbers add up

Crews at Richardson Highway Chena bridges begin winter shutdown prep

Richardson Highway bridge crews at Milepost 346 are consolidating materials for winter shutdown, with reduced lanes 9 am to 3 pm on the $89.2 million Chena Flood Control bridges project.

Maggie AlaskaNewsby Maggie AlaskaNews1mo ago1 min read
Fairbanks, Alaska
Cover image for article: Crews at Richardson Highway Chena bridges begin winter shutdown prep

Anchorage Assembly weighs selling Westpark school site for housing

Anchorage may sell the 53.8-acre Westpark school site in Southwest Anchorage for housing and give the money to the school district.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Anchorage Assembly weighs selling Westpark school site for housing

Anchorage ordinance would raise transit-corridor density target from 8 to 36 homes per acre

An Assembly proposal would raise the housing density target along Anchorage transit corridors from 8 homes per acre to 36. Testimony is Tuesday.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Anchorage ordinance would raise transit-corridor density target from 8 to 36 homes per acre

Sunday, Oct 4

Anchorage Assembly takes up Eklutna water deals without RCA condition

Anchorage Assembly votes Tuesday on three Eklutna Lake water agreements after a condition Assembly members imposed in December became impossible to meet in court.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Anchorage Assembly takes up Eklutna water deals without RCA condition

Eklutna begins clearing five acres it bought beside Chin'an gaming hall

Eklutna is clearing five acres it bought next to Chin'an gaming hall, outside the approved gaming site. Public records don't say what's planned there.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readFrom
Birchwood, Alaska62% read
Cover image for article: Eklutna begins clearing five acres it bought beside Chin'an gaming hall

More from Economy & Business

Alaska Communications presses FCC to block or condition GCI-Quintillion sale

Alaska Communications asked the FCC to block or restrict GCI's $310 million purchase of Quintillion unless rivals get guaranteed access to the undersea fiber network at regulated prices.

Walter AlaskaNewsby Walter AlaskaNews1mo ago5 min readFrom
Cover image for article: Alaska Communications presses FCC to block or condition GCI-Quintillion sale

Skagway votes Tuesday on $6.5 million in bonds to prepare its RV park for housing lots

Skagway voters decide Tuesday whether to borrow up to $6.5 million for water, sewer and roads to turn the Garden City RV Park into housing lots, at an estimated 30-year cost of $12.83 million.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readFrom
Cover image for article: Skagway votes Tuesday on $6.5 million in bonds to prepare its RV park for housing lots

Sitka panel weighs splitting Halibut Point Road lot in two

One Sitka lot, two futures: a retirement home on one side, a duplex with two long-term rentals on the other, if the Planning Commission OKs the split.

Melinda Communities.Newsby Melinda Communities.News1mo ago1 min read
Cover image for article: Sitka panel weighs splitting Halibut Point Road lot in two

Northrim shareholders vote Oct. 20 on buying Oregon bank, its first expansion outside Alaska

Northrim shareholders vote Oct. 20 on buying an Oregon bank, which would give the Anchorage bank its first branches outside Alaska. Not voting counts as a no.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readFrom
Cover image for article: Northrim shareholders vote Oct. 20 on buying Oregon bank, its first expansion outside Alaska

NTSB report details fog, aborted landing and second attempt before fatal Cape Newenham crash

An NTSB preliminary report lays out the Aug. 20 Cape Newenham crash that killed eight: fog, an aborted landing, a dropped diversion and a second attempt.

Walter AlaskaNewsby Walter AlaskaNews1mo ago3 min readFrom
Cape Newenham, Alaska
Cover image for article: NTSB report details fog, aborted landing and second attempt before fatal Cape Newenham crash

Saturday, Oct 3

Palmer forestry base holds memorial for helicopter pilot Greg King

The Alaska Division of Forestry held a memorial at its Palmer aviation base for helicopter pilot Greg King, who died Sept. 20 in a crash on the Dome Fire in Yosemite National Park.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Palmer forestry base holds memorial for helicopter pilot Greg King

Healy Lake fuel surcharge more than triples; 750 kWh bill rises $7

Healy Lake's fuel surcharge more than tripled. A bigger state credit covers most of it for households: a 750-kilowatt-hour monthly bill rises about $7.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Healy Lake fuel surcharge more than triples; 750 kWh bill rises $7

Regulators cut Hilcorp's Kenai gas storage rates up to 31% while they investigate

Regulators cut Hilcorp's Kenai gas storage fees up to 31% after its own study showed it was overcollecting. Whether your utility bill notices is another matter.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Kenai Gas Field, Alaska
Cover image for article: Regulators cut Hilcorp's Kenai gas storage rates up to 31% while they investigate

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

Alaska DOT letter shows $563 million in contracts, projects record year, warns of match shortfall

Alaska DOT awarded $563 million in construction contracts through June and expects $1 billion for fiscal 2025, but a state match shortfall is forcing projects to delay.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Alaska DOT letter shows $563 million in contracts, projects record year, warns of match shortfall

Chugach Manor senior housing waiting list open in Anchorage; Chugach View list closed Sept. 17

Alaska Housing Finance Corporation closed the one-bedroom waiting list for Chugach View Senior Housing in Anchorage on Sept. 17, but the waiting list for Chugach Manor remains open.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readFrom
Cover image for article: Chugach Manor senior housing waiting list open in Anchorage; Chugach View list closed Sept. 17

Anchorage Assembly to take up $388,874 to design Merrill Field gate replacements

Anchorage Assembly votes Tuesday on $388,874 to design replacements for 36 failing gate operators at Merrill Field, with federal grant covering most of the cost.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Anchorage Assembly to take up $388,874 to design Merrill Field gate replacements

Kodiak review board to take up final North Star Elementary roof plans

Kodiak's review board meets Thursday on final plans to replace the roof of the former North Star Elementary School, listed at $4.1 million, with the building, now partly leased for a preschool, staying occupied.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Kodiak review board to take up final North Star Elementary roof plans

Anchorage Assembly takes up Chugiak senior housing lease extension to 2094

A Chugiak senior group wants until 2094 on its city land lease to build about 60 affordable apartments. Without a change, the lease ends this month.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Anchorage Assembly takes up Chugiak senior housing lease extension to 2094

Loring board weighs dock grant options with $60,625 on hand and an $8.5 million cheapest fix

Loring's service area has $60,625 in the bank. The cheapest dock fix engineers priced is $8.5 million. The board meets Friday to talk grants.

Melinda Communities.Newsby Melinda Communities.News1mo ago1 min read
Ketchikan, Alaska
Cover image for article: Loring board weighs dock grant options with $60,625 on hand and an $8.5 million cheapest fix

Kodiak council takes up $5.6 million in state loans for Aleutian Homes pipes

Kodiak City Council takes first reading Thursday on two ordinances to borrow $5.6 million in state funds for replacing 70-year-old water and sewer pipes in Aleutian Homes.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Kodiak council takes up $5.6 million in state loans for Aleutian Homes pipes

Anchorage joint venture wins $4.7M Chicago facilities management deal

An Anchorage joint venture won a $4.7 million federal contract to manage a Chicago Social Security building, one of 37 awards the partnership has landed since October 2025.

Melinda Communities.Newsby Melinda Communities.News1mo ago2 min read
Cover image for article: Anchorage joint venture wins $4.7M Chicago facilities management deal

Cordova housing committee meets Tuesday as town works on shortage of at least 40 homes

Cordova is short at least 40 homes, and much of its vacant housing sits empty for canneries and summer. A housing committee meets Tuesday to keep at it.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Cordova housing committee meets Tuesday as town works on shortage of at least 40 homes

Friday, Oct 2

January count finds downtown Anchorage street parking peaked at about a third full

Can't find parking downtown? A city count found Anchorage's downtown street parking only about a third full at its busiest, at least on two winter weekdays.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: January count finds downtown Anchorage street parking peaked at about a third full

Juneau airport board to vote on $4.6 million for snow-removal equipment

Juneau's airport board votes Thursday on $4.9 million for new snow gear, from front-end loaders to a runway broom, mostly paid for with FAA money.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Juneau airport board to vote on $4.6 million for snow-removal equipment

Juneau airport weighs selling or leasing building it only recently learned it owns

Juneau's airport recently learned it owns the old Hertz building. Now it has to decide whether to sell it or lease it out. The board weighs in Thursday.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Juneau airport weighs selling or leasing building it only recently learned it owns

Kenai City Council to vote on intervening in federal review of Cook Inlet undersea data center

Kenai's council votes Wednesday on intervening in the federal review of a plan for 66 undersea data pods and 350 tidal turbines off the East Foreland.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Kenai City Council to vote on intervening in federal review of Cook Inlet undersea data center

Juneau adds Highlands drainage fix to draft capital priority list

Juneau's aging drainage system above downtown made the city's capital wish list for the first time. Fixing it could run $10 million to $20 million.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Juneau adds Highlands drainage fix to draft capital priority list

Anchorage's Koman firms win $37.6 million in Border Protection contracts

Two Anchorage companies owned by Natives of Kodiak Inc. won $37.6 million in Border Protection contracts for plant eradication and kennel facility work.

Maggie AlaskaNewsby Maggie AlaskaNews1mo ago1 min readFrom
Cover image for article: Anchorage's Koman firms win $37.6 million in Border Protection contracts

Potter Creek Water Company seeks to raise its flat residential rate to as much as $122.91 a month

Potter Creek water customers could see their flat monthly bill go from $106.02 to as much as $122.91. State regulators are taking comments until Oct. 16.

Alaska Newsby Alaska News1mo ago1 min read
Potter Creek subdivision, Alaska
Cover image for article: Potter Creek Water Company seeks to raise its flat residential rate to as much as $122.91 a month

Fairbanks borough seeks federal trail grants for Chena Lake loop and Tanana Lakes trailhead

Fairbanks wants federal trail money to start a loop around Chena Lake and fix up the Flicker Trailhead at Tanana Lakes. Comments are open through Oct. 31.

Maggie AlaskaNewsby Maggie AlaskaNews1mo ago1 min read
Cover image for article: Fairbanks borough seeks federal trail grants for Chena Lake loop and Tanana Lakes trailhead

Heating fuel in surveyed Alaska communities rose nearly 23% since winter, state finds

Heating fuel in surveyed Alaska communities averaged $7.97 a gallon this summer, up 23% since winter. Western Alaska paid the most, at $9 a gallon.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Heating fuel in surveyed Alaska communities rose nearly 23% since winter, state finds

Trump says South Korea is still studying Alaska LNG, threatens to 'double it up'

Trump now says South Korea is "still studying" Alaska LNG, two days after his team touted $50 billion-plus in Korean money. He threatened to "double it up."

Bill AlaskaNewsby Bill AlaskaNews1mo ago2 min read
Cover image for article: Trump says South Korea is still studying Alaska LNG, threatens to 'double it up'

Tustumena replacement ferry gets $32.3 million more in federal funding

The Tustumena's planned replacement picked up $32.3 million more in federal money. The low bid ran $49 million over budget, and Kodiak faces a ferry gap.

Melinda Communities.Newsby Melinda Communities.News1mo ago2 min read
Cover image for article: Tustumena replacement ferry gets $32.3 million more in federal funding

Sitka closes Moller Field's main parking lot for paving Oct. 7-8 and part of Lincoln Street for water line work

Sitka's Moller Field lot closes Oct. 7-8 for paving, and Lincoln Street by St. Michael's closes to through traffic Oct. 5-15. Park where the cones say.

Alaska Newsby Alaska News1mo ago1 min read
Cover image for article: Sitka closes Moller Field's main parking lot for paving Oct. 7-8 and part of Lincoln Street for water line work

Anchorage staff recommend denying most of Girdwood owner's plan to build in stream buffer

A Girdwood owner wants to rebuild a house and add a garage, rental unit and bridge in a protected stream buffer. City staff say no to most of it.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
1
Cover image for article: Anchorage staff recommend denying most of Girdwood owner's plan to build in stream buffer

Anchorage Assembly to consider $2.2 million more for surge beds at two homeless shelters

Anchorage may add about $2.2 million to two shelter contracts to cover extra winter beds at Linda's Place and the E. 56th Avenue shelter. Assembly votes Oct. 6.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Anchorage Assembly to consider $2.2 million more for surge beds at two homeless shelters

Anchorage Assembly to consider $1.7 million to design fix for Girdwood's drinking water well

Girdwood's main drinking water well lets surface water in, so it needs a treatment fix. The Assembly may add $1.7 million to design it Oct. 6.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Anchorage Assembly to consider $1.7 million to design fix for Girdwood's drinking water well