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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Wednesday, Sep 30
Sitka planners favor 30 to 40 single-family lots near Sitka High School
Sitka planners like 30 to 40 single-family lots near Sitka High, with room saved for apartments or dorms later. Final findings are due by year's end.

Mat-Su gets $7.9 million federal grant for Port MacKenzie barge ramp
The Mat-Su Borough has lined up $12.1 million, mostly federal, for a barge ramp at Port MacKenzie so barges can land without fighting the tides.

Ketchikan accepts $6.9 million to replace Bar Harbor floats, Mountain Point launch
Ketchikan is getting $6.9 million from the state to replace two tired Bar Harbor floats and rebuild the Mountain Point boat launch. Work runs into 2029.

Federal record zeroes out Cordova bridge-replacement money, but project status remains unclear
Cordova's load-posted Heney Creek Bridge is rated poor. A federal replacement record now shows $0, and DOT has not explained what changed.

Tuesday, Sep 29
Anchorage consent agenda carries $2.4 million in sludge hauling contracts
Two sludge hauling contracts worth up to $2.4 million with Around the Clock Pumping LLC, the lowest bidder on both routes, are on the Anchorage Assembly's consent agenda Tuesday.

Hideout Lounge liquor license renewal goes to Assembly
The Assembly is set to wave through Al's Alaskan Inn and Hideout Lounge's liquor renewal Oct. 6. Its application lists 19 rooms, 5 kitchens and no dining room.

Anchorage Assembly consent agenda carries $1.57M more for West 32nd Avenue rebuild
Anchorage Assembly votes Tuesday on committing $1.57 million more to rebuild West 32nd Avenue, though most of that money hinges on road bonds voters have not yet approved.

Borough Planning Commission to hear proposal for Nikiski gravel pit on Oct. 12
A paving company wants to dig a gravel pit at Mile 31 of the Kenai Spur Highway in Nikiski. Neighbors get their say Oct. 12, three minutes at a time.

More from Economy & Business
Feds select Anchorage company to drill geothermal test well on Augustine volcano
The feds picked an Anchorage company to drill a geothermal test well on Augustine, the Cook Inlet volcano. Tapping a volcano for power: very Alaska.

Federal money flows to full-scale earthquake tests of Alaska bridge pile connections
NC State engineers are testing how Alaska bridge piles hold up in big earthquakes, and federal funding for the work just grew to about $210,000.

Federal highway money for Whittier tunnel operations reaches $4.8 million on one award
Federal Highway Administration awarded Alaska $4.8 million to operate the Anton Anderson Memorial Tunnel between Whittier and the Seward Highway through March 2027.

Anchorage transit advisory board asks for more city money for AnchorRIDES and bus drivers
Anchorage's transit advisory board wants more city money for AnchorRIDES and five more bus drivers. It didn't say how much, and the Assembly isn't voting yet.

Anchorage Assembly to consider road maintenance contract for Section 6/Campbell Airstrip area
The Anchorage Assembly will weigh a road maintenance deal for the Section 6/Campbell Airstrip area. The only bidder: Northern Gravel & Trucking.

Deering airport construction resumes after heavy rain halts work for five days
Rain stopped work on Deering's airport for five days. Crews are back, hauling fill from 6 pm to 8 am nightly, so residents can expect trucks after dark.

BLM closes Wickersham Dome Trailhead in the White Mountains starting Oct. 1 for construction
Wickersham Dome Trailhead closes Oct. 1 for a bigger parking lot and a second outhouse. Lee's Cabin fans can detour at mile 23.5. Summit Trail fans wait.

Left lane closed near New Seward Hwy mile 117, set to end 4:10 p.m.
One northbound lane of the New Seward Highway near Mile 117 is closed for maintenance until 4:10 pm. It's the fourth such closure there since Sept. 21.

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
Tractor-trailer blocks Dalton Highway at Mile 320 in both directions, with delays expected to last hours
A tractor-trailer has the Dalton Highway blocked at Mile 320, the only road to the North Slope. Expect to wait: 511 says it could take multiple hours.

Atka IRA Council gets $548,271 federal grant to build four greenhouses in the Aleutian village
Atka, a roadless Aleutian village of about 60, will build four greenhouses with a $548,271 federal grant to grow fresh produce closer to home.

Court-ordered review models what a large Donlin Gold dam failure would do downstream
A court-ordered review modeled what a Donlin Gold dam failure would do downstream. The Corps calls any failure extremely unlikely; the worst cases are severe.

State raises minimum bids to $35 an acre in annual North Slope and Beaufort Sea oil and gas lease sales
The state's yearly North Slope lease sale is back with a pricier entry fee: minimum bids rise from $25 to $35 an acre. Results come out Nov. 18.

Federal grant puts $1.3 million toward Healy walking and biking path
Healy will build a separated walking and biking path connecting the school and neighborhoods, funded by a $1.3 million federal grant with construction now planned for 2027.

Fairbanks-area plan projects draw $13 million in federal highway obligations
Fairbanks and North Pole projects drew about $13 million in federal highway obligations in six weeks. When any of it gets built is a separate question.

Regulators cut Chugach's Beluga River gas price after Chugach asked for an increase
Chugach asked regulators to nudge its Beluga River gas price up a penny. After staff found errors, regulators cut it by 39 cents instead, starting Thursday.

Monday, Sep 28
Mat-Su Assembly member moves to reconsider the pricier Engstrom-Trunk road route
The Mat-Su Assembly picked the pricier northern route for the Engstrom-Trunk road 4-3. Now Maxwell Sumner wants a do-over, and it's on the Oct. 6 agenda.

Kuskokwim Corporation hosts first Evening with an Elder on Zoom Oct. 1
The Kuskokwim Corporation hosts its first Evening with an Elder on Zoom Oct. 1, with Jennie Zaukar and Ann Fienup-Riordan, as it marks 50 years.

Federal records show $142 million in highway grants for four Sterling Highway projects
Federal records show $142 million in grants for four Sterling Highway jobs, mostly the Cooper Landing bypass, which still has a bridge and years of work to go.

Juneau and Anchorage youth shelters get $650,000 in federal grants for runaway and homeless youth
Youth shelters in Juneau and Anchorage are getting $650,000 in new federal grants to give runaway and homeless kids a safe place to stay and help getting home.

Ketchikan Indian Community gets $900,000 to revive its fleet for subsistence trips, training and charters
Ketchikan Indian Community is putting 23 boats back to work with a $900,000 federal grant: elder-led subsistence trips, youth training and halibut charters.

Seward shuttle operator warns rising costs could end free service
Seward's free shuttle operator warned the City Council that rising labor and vehicle costs could make the service too expensive to continue when the contract comes up for renewal.

Seward council approves $11.8 million in shore power contracts for cruise dock
Seward approved nearly $12 million for a giant battery and dock design so plugged-in cruise ships don't dim the lights in town. The EPA grant is paying.

Wasilla sets Oct. 12 hearing on airport master plan that recommends higher lease rates
Wasilla airport leases have cost 6 cents a square foot for decades. A new 20-year master plan says that should go up. The public hearing is Oct. 12.

Report says 37% of Alaska households couldn't cover basic costs, with rural areas hit hardest
By one group's measure, 37% of Alaska households couldn't cover basic costs in 2024, and a two-income family with two small kids came up nearly $12,000 short.

Seward survey respondents favor a local cooperative to run the city's electric utility
Most Seward survey takers want a local co-op to run the city's electric utility. The math hinges on a hydro project Chugach Electric also wants.

North Slope crude runs $15 above Alaska's spring forecast, budget group says
Alaska North Slope crude is averaging $90 a barrel, $15 above the spring forecast, potentially adding nearly $1 billion to state revenue this year if prices hold.

Carnival's Alaska land tour business reports 7% rise in summer revenue
Carnival's Alaska hotels, buses and trains brought in $191 million this summer, up 7%. Quarterly profit rose, but it's down for the year so far.

Petersburg Medical Center weighs $10 million apartment building to house its staff
Petersburg Medical Center needs somewhere for its staff to live. A 20-unit apartment building would do it, at about $500,000 a unit. The board is thinking.

Kodiak holds off on selling historic Griffin Memorial Hospital as museums seek a lease
Kodiak's 1938 Griffin Memorial Hospital has two suitors: a church that wants to buy it and two museums that want to lease it. The city isn't selling, for now.

Anchorage contractor gets $7.5 million Border Patrol order for transportation and guard services
Anchorage-based Trailboss Enterprises has a new $7.5 million Border Patrol order. Its immigration transport work for ICE and CBP has mostly been in Texas.

State labor agency holds public refresher on collective bargaining Tuesday
Ever wonder how public workers' contracts get made? A management guy and a union guy walk through it Tuesday at a state session in Anchorage and on Zoom.

A year after Typhoon Halong, western Alaskans can still get job, training and winterization help
People still recovering from Typhoon Halong can get job training, winterization help and FEMA-paid flights. Disaster unemployment benefits have closed.
