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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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Tuesday, Sep 1

Atlas Air would get five more acres of cargo ramp in Anchorage

Atlas Air would get three more cargo parking pads at Anchorage's airport, a little over five acres of ramp, at a rent of $38,847.47 a month.

Walter AlaskaNewsby Walter AlaskaNews2mo ago1 min read
Cover image for article: Atlas Air would get five more acres of cargo ramp in Anchorage

A fight over whether North Slope oil money stays local or goes to the whole state

Alaska's bigger cut of North Slope oil revenue has set off a fight over whether it stays with the communities nearest the drilling or goes to the whole state.

Walter AlaskaNewsby Walter AlaskaNews2mo ago7 min readFrom
Cover image for article: A fight over whether North Slope oil money stays local or goes to the whole state

Monday, Aug 31

Juneau's five-ship cruise cap moves toward city code

Juneau's five-ship-a-day cruise cap would move from a negotiated agreement into enforceable city code under an ordinance advanced Monday.

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min read
Cover image for article: Juneau's five-ship cruise cap moves toward city code

ENSTAR raised its gas line relocation estimates and Mat-Su road budgets absorb the cost

ENSTAR nearly doubled its estimates on eight Mat-Su road projects. The borough has to absorb it, and there is no other gas utility it could call.

Walter AlaskaNewsby Walter AlaskaNewsadded 2mo ago1 min read
Matanuska-Susitna Borough, Alaska
Cover image for article: ENSTAR raised its gas line relocation estimates and Mat-Su road budgets absorb the cost

Sitka requires appointments for large scrap loads and vehicles at Gary Paxton yard

Sitka's scrap yard now requires appointments for loads larger than a dump truck or for large vehicles, citing limited space and shipping container shortages.

Walter AlaskaNewsby Walter AlaskaNews2mo ago1 min read
Cover image for article: Sitka requires appointments for large scrap loads and vehicles at Gary Paxton yard

Juneau airport's control tower to get its first new roof since 1987

Juneau's airport control tower is finally getting a new roof — the original one's been up since 1987. The FAA covers most of the roughly $1 million tab.

Walter AlaskaNewsby Walter AlaskaNews2mo ago1 min read
Cover image for article: Juneau airport's control tower to get its first new roof since 1987

Cook Inlet Housing Authority chief backs Anchorage housing code changes his projects use

Cook Inlet Housing Authority's chief backed Anchorage's housing code changes Tuesday, crediting them for enabling his organization's Nest project.

Walter AlaskaNewsby Walter AlaskaNewsadded 2mo ago2 min read
Cover image for article: Cook Inlet Housing Authority chief backs Anchorage housing code changes his projects use

HunaTek takes a State Department order worth up to $6 million

A Juneau company owned by Huna Totem Corporation will staff the State Department's Western Hemisphere bureau, in an order that could reach $6 million.

Walter AlaskaNewsby Walter AlaskaNews2mo ago1 min read
Cover image for article: HunaTek takes a State Department order worth up to $6 million

More from Economy & Business

Right lane closes on E Tudor Road eastbound Monday for drainage work

The westbound Tudor lane closed since July reopens Monday. Savor it. A bigger dig near Lake Otis starts Sept. 12 and closes lanes in all directions.

Walter AlaskaNewsby Walter AlaskaNews2mo ago1 min read
Cover image for article: Right lane closes on E Tudor Road eastbound Monday for drainage work

Homer Spit seafood plant lease passes to Silver Bay at unchanged $69,877 rent

Homer City Council approved a lease transfer of the seafood processing plant on the Homer Spit to Silver Bay Seafoods-Valdez, LLC, keeping the annual rent at $69,877 through 2036.

Walter AlaskaNewsby Walter AlaskaNewsadded 2mo ago1 min read
Cover image for article: Homer Spit seafood plant lease passes to Silver Bay at unchanged $69,877 rent

Sunday, Aug 30

An Anchorage firm will guard a federal satellite archive in South Dakota

An Anchorage company owned by Ahtna Athabascan shareholders will guard a federal satellite data archive in South Dakota for five years.

Maggie AlaskaNewsby Maggie AlaskaNews2mo ago1 min read
Cover image for article: An Anchorage firm will guard a federal satellite archive in South Dakota

Anchorage Assembly weighs $305,000 more for South Goldenview road repairs

South Goldenview wants $305,000 for erosion repairs, the largest request yet from the Hillside neighborhoods that pay for their own roads.

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min read
Cover image for article: Anchorage Assembly weighs $305,000 more for South Goldenview road repairs

Unalaska approves airport gate power line, with the state covering the cost

Unalaska City Council approved a power line extension to supply new airport access gates, with work due by August 2027 at an estimated cost of $1 million to $2.5 million.

Melinda Communities.Newsby Melinda Communities.Newsadded 2mo ago1 min read
Cover image for article: Unalaska approves airport gate power line, with the state covering the cost

Juneau's city-owned ski area has an unresolved drinking water violation

EPA records show a March drinking water violation at Eaglecrest Ski Area in Juneau, in the agency's most urgent category, with no resolution recorded.

Maggie AlaskaNewsby Maggie AlaskaNews2mo ago1 min read
Cover image for article: Juneau's city-owned ski area has an unresolved drinking water violation

Bristol Bay corporation's Anchorage arm takes $2.7 million Interior repair order

Anchorage contractor CCI Facility Contractors won a $2.7 million contract to repair water leaks at a former Interior Department building in Washington, D.C.

Melinda Communities.Newsby Melinda Communities.News2mo ago2 min read
Cover image for article: Bristol Bay corporation's Anchorage arm takes $2.7 million Interior repair order

Saturday, Aug 29

A $2.5 million geothermal training grant for Unalaska sits 3 percent spent

Unalaska abandoned its Makushin geothermal project in May 2025, but a $2.5 million federal training grant tied to it remains open and largely unspent with only $75,000 spent so far.

Walter AlaskaNewsby Walter AlaskaNews2mo ago3 min read
Cover image for article: A $2.5 million geothermal training grant for Unalaska sits 3 percent spent

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

The FAA is paying $4.3 million to design a radar tower near Sitka

The FAA is paying $4.3 million just to design a radar tower on Biorka Island south of Sitka, with an option for the same firm to build it later.

Melinda Communities.Newsby Melinda Communities.News2mo ago1 min read
Cover image for article: The FAA is paying $4.3 million to design a radar tower near Sitka

Anchorage legalized triplexes. Now it wants to drop their landscaping requirement

Anchorage legalized triplexes in 2023 and barely got any. Next it wants to drop their landscaping buffers, which some neighbors say screen the density.

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min read
Cover image for article: Anchorage legalized triplexes. Now it wants to drop their landscaping requirement

Mental Health Trust clears a road easement north of Seward

Kenai Peninsula Borough won a legal easement across Alaska Mental Health Trust land north of Seward to reach its own property, swapping access rights with the Trust.

Walter AlaskaNewsby Walter AlaskaNewsadded 2mo ago1 min read
Cover image for article: Mental Health Trust clears a road easement north of Seward

Cook Inlet Housing Authority asks Anchorage Assembly to make design-standard pause permanent

Anchorage paused its multifamily design rules in 2025. A housing developer wants the pause made permanent; neighborhood councils want it narrowed inste

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min read
Cover image for article: Cook Inlet Housing Authority asks Anchorage Assembly to make design-standard pause permanent

ATF places $10 million more in supply orders with Anchorage's Bering Global Solutions

Bering Global Solutions, an Anchorage firm owned by an Alaska Native corporation, keeps a $10 million ATF contract after a federal appeals office rejected a rival's protest.

Melinda Communities.Newsby Melinda Communities.News2mo ago2 min read
Cover image for article: ATF places $10 million more in supply orders with Anchorage's Bering Global Solutions

Anchorage's park rezone meets the Knik Arm bridge route

Anchorage wants a park where the state wants a bridge. The port land rezone is the newest round in a Knik Arm Crossing fight going back decades.

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min read
Cover image for article: Anchorage's park rezone meets the Knik Arm bridge route

Abbott Loop rezone drew 223 notices and no comments; hearing is Oct. 6

Anchorage Assembly takes its first vote Tuesday on rezoning a 0.27-acre Abbott Loop lot to allow denser housing, shifting from five to eight dwelling units per acre.

Walter AlaskaNewsby Walter AlaskaNews2mo ago1 min read
Cover image for article: Abbott Loop rezone drew 223 notices and no comments; hearing is Oct. 6

Kodiak can't sell four lots it has owned since 1986 because they can't get a permit

Kodiak bought the land for a hospital in 1986, built ball fields instead, and still can't sell four lots that can't get a building permit.

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min read
Cover image for article: Kodiak can't sell four lots it has owned since 1986 because they can't get a permit

When the Memphis courthouse needs work, the government calls Anchorage

An Anchorage company owned by a Copper River village corporation has taken five federal orders at one Memphis courthouse this year, worth about $514,000.

Melinda Communities.Newsby Melinda Communities.News2mo ago1 min read
Cover image for article: When the Memphis courthouse needs work, the government calls Anchorage

Cordova's visitor numbers support 0.03 of a tourism liquor license. Rounded up, that is one.

Copper River Brewing seeks Cordova's first seasonal tourism liquor license, which would let families dine and hear live music April through September if the state approves it Sept. 1.

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min read
Cover image for article: Cordova's visitor numbers support 0.03 of a tourism liquor license. Rounded up, that is one.

The Mental Health Trust granted Chugach an easement without saying what it charged

Chugach Electric won approval to bury power lines under Trust land at Community Park Loop, a move that will boost capacity for northeast Anchorage customers.

Walter AlaskaNewsby Walter AlaskaNewsadded 2mo ago2 min read
Cover image for article: The Mental Health Trust granted Chugach an easement without saying what it charged

Tom Begich withdraws his campaign and endorses Jonathan Kreiss-Tomkins

Tom announced he's withdrawing from the race for Governor and endorses JKT.

Cale Greenby Cale Green2mo ago3 min read
Cover image for article: Tom Begich withdraws his campaign and endorses Jonathan Kreiss-Tomkins

Federal grant of $3.6 million funds seismic retrofits on eight Interior Alaska bridges

Alaska has $3.64 million in federal money to earthquake-proof eight bridges its own engineers priced at somewhere between $5 million and $10 million.

Walter AlaskaNewsby Walter AlaskaNews2mo ago1 min read
Interior Alaska
Cover image for article: Federal grant of $3.6 million funds seismic retrofits on eight Interior Alaska bridges

Friday, Aug 28

Anchorage Assembly to vote Sept. 1 on two $4 million AWWU on-call repair contracts

Two contractors would go on standby for Anchorage water and sewer emergencies for three years, at up to $4 million each, under contracts up Tuesday.

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min read
Cover image for article: Anchorage Assembly to vote Sept. 1 on two $4 million AWWU on-call repair contracts

PFAS found in three Anchorage Bowl wells, one pulled from service

Anchorage Water & Wastewater Utility found PFAS in three groundwater wells, pulled one from service, and is seeking $4 million in emergency contracts for water system work.

Walter AlaskaNewsby Walter AlaskaNews2mo ago1 min read
Cover image for article: PFAS found in three Anchorage Bowl wells, one pulled from service

Anchorage ordinance would drop 45-degree shelter trigger, raise site cap to 200

Anchorage would drop its automatic 45-degree shelter trigger, raise site limits to 200 and open rec centers, with one director deciding when shelter opens.

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min read
Cover image for article: Anchorage ordinance would drop 45-degree shelter trigger, raise site cap to 200

Kenai council to vote Sept. 2 on FAA-funded airport perimeter fence contract

Kenai City Council votes Sept. 2 on a FAA-funded airport perimeter fence upgrade, with contract details and grant amount to be disclosed at the public hearing.

Walter AlaskaNewsby Walter AlaskaNews2mo ago1 min read
Cover image for article: Kenai council to vote Sept. 2 on FAA-funded airport perimeter fence contract

A Craig bakery-cafe wants to pour beer and wine on Friday and Saturday evenings

A Craig bakery-cafe wants to become a fenced beer garden on Friday and Saturday evenings. The drive-through would close while the beer is pouring.

Walter AlaskaNewsby Walter AlaskaNews2mo ago1 min read
Cover image for article: A Craig bakery-cafe wants to pour beer and wine on Friday and Saturday evenings

An Anchorage restaurant is accused of employing 24 minors without permits

Twenty-four employees aged 13 to 17 are alleged to have worked at an Anchorage restaurant without work permits, in at least 1,279 violations.

Walter AlaskaNewsby Walter AlaskaNewsadded 2mo ago2 min read
Cover image for article: An Anchorage restaurant is accused of employing 24 minors without permits

Anchorage developer says fire lanes cost his 58-unit project 15 homes

Fire lane requirements cost an Anchorage developer 15 potential homes. The city faces pressure to ease building rules to meet housing goals.

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min read
Cover image for article: Anchorage developer says fire lanes cost his 58-unit project 15 homes

Petersburg hospital rejects shared-kitchen lease for traveling staff

Petersburg Medical Center dropped plans to lease shared housing for traveling staff after two assistants clashed over kitchen supplies, and is now exploring building its own duplexes on tundra land.

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min read
Cover image for article: Petersburg hospital rejects shared-kitchen lease for traveling staff

Alaska Supreme Court upholds rule requiring rent on expired oil leases during appeals

The Alaska Supreme Court upheld a rule requiring oil companies to keep paying rent on expired leases while appealing, ending five North Slope leases.

Alaska Newsby Alaska News2mo ago2 min read
Cover image for article: Alaska Supreme Court upholds rule requiring rent on expired oil leases during appeals

Anchorage officials pitch Assembly on Block 102-Tozier land swap for housing

Anchorage officials pitched a land swap to the Assembly Friday that could enable housing on two sites, but the vote covers only the exchange itself, not zoning or development deals.

Walter AlaskaNewsby Walter AlaskaNews2mo ago1 min read
Cover image for article: Anchorage officials pitch Assembly on Block 102-Tozier land swap for housing

Anchorage Assembly to take up $4.7 million grant to plan Port of Alaska fuel terminal replacement

Anchorage Assembly votes Sept. 1 on a $4.7 million federal grant to replace POL2, the fuel terminal damaged in 2018 that supplies half the port's capacity and virtually all fuel to JBER.

Walter AlaskaNewsby Walter AlaskaNews2mo ago2 min read
Cover image for article: Anchorage Assembly to take up $4.7 million grant to plan Port of Alaska fuel terminal replacement