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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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.

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.

North Slope oil throughput back above 500,000 barrels a day, former commissioner says
North Slope oil is back above 500,000 barrels a day, at least on some days. Oil-tax defenders credit the 2013 tax law and expect a fight in Juneau.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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."

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.

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.

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.

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.

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.
