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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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Sunday, Aug 2

The state is being asked to bank on a gas line price it may never fully see

Alaska is weighing tax breaks and $800 million for a gas pipeline whose developer says the true cost may never be public. Its disclosed estimate already jumped $10 billion.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: The state is being asked to bank on a gas line price it may never fully see

A year in, Anchorage's camping ordinance mostly moves people along, not into services

A year of Anchorage's camping ordinance: 89% of contacts end without arrest, but 890 of 962 people who complied left with no referral to services. The Assembly reviews it Tuesday.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: A year in, Anchorage's camping ordinance mostly moves people along, not into services

Free daily meals and pantries available across Anchorage in August

A free hot meal is available somewhere in Anchorage every day this month, plus two dozen food pantries citywide. Call 211 or check anchoragefood.org for the schedule.

Maggie AlaskaNewsby Maggie AlaskaNews3mo ago1 min read
Cover image for article: Free daily meals and pantries available across Anchorage in August

Saturday, Aug 1

A Muldoon pot shop clears the park buffer, by measuring to the playground

A Muldoon Road pot shop clears the park buffer because the city measures to the playground, not the park line, 734 feet. Neighbors object; the Assembly votes Tuesday.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: A Muldoon pot shop clears the park buffer, by measuring to the playground

Why Sitka subsidizes electric bills: the Blue Lake Dam debt

Sitka is taking applications through Oct. 31 to subsidize electric bills — a program driven by the $125M Blue Lake Dam debt that keeps local power expensive.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Why Sitka subsidizes electric bills: the Blue Lake Dam debt

Alaska's small planes get until 2034 to upgrade altimeters — if they fly Outside

Alaska's air taxis and floatplanes must upgrade altimeters by 2034 to resist 5G interference, but only if they fly outside the state. In-state flying is exempt.

Melinda Communities.Newsby Melinda Communities.News3mo ago1 min read
Cover image for article: Alaska's small planes get until 2034 to upgrade altimeters — if they fly Outside

The military is adding a thousand people to a base that's already full

The military plans to add about 1,050 people to Alaska bases while JBER housing sits at 98% full. Anchorage's Assembly is bracing for the overflow to hit the city's market.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: The military is adding a thousand people to a base that's already full

A $1.5 billion Seward Highway plan pits safety against the Turnagain Arm viewshed

A $1.5 billion Seward Highway rebuild has split Anchorage — the state says it's a safety fix for a deadly corridor; a coalition of critics says it's a highway-widening project that would scar Turnagain Arm.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: A $1.5 billion Seward Highway plan pits safety against the Turnagain Arm viewshed

More from Economy & Business

Friday, Jul 31

Juneau neighbors want a homeless camp cleared after a reported bear shooting

Neighbors near Juneau's Governor's Mansion want a homeless camp cleared after a camper reportedly shot a bear — a flashpoint in Alaska's rising camp tension.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Juneau neighbors want a homeless camp cleared after a reported bear shooting

Cordova's road-safety plan could unlock federal money to fix its streets

Cordova's new road-safety plan could unlock federal grants to fix dangerous streets. Residents have until Sept. 1 to flag the spots that need it.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Cordova's road-safety plan could unlock federal money to fix its streets

Alaska keeps trading its old flight beacons for GPS, one route at a time

The FAA is amending a GPS airway near Kodiak this fall, part of Alaska's slow statewide switch from old ground beacons to satellite-guided flight routes.

Alaska Newsby Alaska News3mo ago1 min read
Cover image for article: Alaska keeps trading its old flight beacons for GPS, one route at a time

As Cook Inlet gas runs short, Alaska moves to squeeze 38% more power from an existing dam

With Cook Inlet gas set to run short by 2027, Alaska wants to squeeze 38% more power from the existing Bradley Lake dam — raising the reservoir 16 feet and piping in glacier melt, no new plant required.

Melinda Communities.Newsby Melinda Communities.Newsadded 3mo ago2 min read
Bradley Lake, Kenai Peninsula, Alaska
Cover image for article: As Cook Inlet gas runs short, Alaska moves to squeeze 38% more power from an existing dam

Girdwood's park plans would move to Anchorage's standard public review

Girdwood loves its trails and ski runs, and an ordinance up Tuesday would run the town's park plans through the same public review the rest of Anchorage uses.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Girdwood's park plans would move to Anchorage's standard public review

North Slope phone co-op moves to keep its Deadhorse airport site

The North Slope's phone co-op wants five more years for its tower and shop on Deadhorse Airport land, a no-bid extension of an existing $14,250-a-year lease.

Maggie AlaskaNewsby Maggie AlaskaNews3mo ago1 min read
Cover image for article: North Slope phone co-op moves to keep its Deadhorse airport site

Thursday, Jul 30

Second Eagle River road contract in weeks draws just one bid

An Eagle River brush-disposal contract worth up to $1.16 million drew one bidder, the second sole-bid road contract in the same service area in weeks. The Assembly votes Tuesday.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Second Eagle River road contract in weeks draws just one bid

Cruise ships come to St. Paul as the island rebuilds after the crab crash

Five cruise ships are headed to St. Paul Island as the Unangax̂ community seeks new footing after its snow crab economy collapsed, leaving a $2.7M hole.

Alaska Newsby Alaska News3mo ago1 min read
Saint Paul Island, Alaska
Cover image for article: Cruise ships come to St. Paul as the island rebuilds after the crab crash

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

NTSB: Bering Air crash that killed 10 was a chain of preventable failures

The NTSB found the Bering Air crash that killed 10 near Nome resulted from a chain of preventable failures — an overweight plane the company routinely flew heavy, severe icing, and a pilot overloaded in the final minutes.

Maggie AlaskaNewsby Maggie AlaskaNews3mo ago2 min read
Cover image for article: NTSB: Bering Air crash that killed 10 was a chain of preventable failures

A Fairbanks medical campus wants room to grow. Its neighbors want the buffer.

A Fairbanks medical campus wants to rezone for a bigger surgery center; neighbors and planning staff want to keep the buffer. The commission split 3-3 and punted to Aug. 11.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: A Fairbanks medical campus wants room to grow. Its neighbors want the buffer.

Fairbanks planners reject York Avenue duplexes over the road to the school

Fairbanks planners voted 7-3 to reject eight duplexes on York Avenue, worried about density on icy sidewalk-less roads that feed an elementary school. The Assembly decides Aug. 6.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Fairbanks planners reject York Avenue duplexes over the road to the school

Eielson airshow returns this weekend, with brief highway stops for the flyovers

Eielson's Arctic Lightning Airshow flies this weekend, free and open to all. Drivers on the Richardson Highway near the base should expect brief stops during the flyovers.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Richardson Highway near Eielson Air Force Base, Alaska
Cover image for article: Eielson airshow returns this weekend, with brief highway stops for the flyovers

Wasilla is borrowing $6 million to expand its sewage plant

Wasilla is expanding its sewage treatment plant with new equipment, funded largely by a $6 million state loan that ratepayers will help repay over time.

Maggie AlaskaNewsby Maggie AlaskaNews3mo ago1 min read
Cover image for article: Wasilla is borrowing $6 million to expand its sewage plant

NuCube, Alaska Fund launch NuAlaska nuclear initiative

NuCube Energy and Alaska Fund launched NuAlaska to develop nuclear microreactors for remote Alaska communities where fuel costs and weather make power expensive.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: NuCube, Alaska Fund launch NuAlaska nuclear initiative

A North Slope river keeps chewing toward the pipeline, and Alyeska keeps armoring it

For the second time this year, Alyeska wants to stack rock along the Sagavanirktok River to keep it from eroding toward the buried Trans-Alaska Pipeline.

Maggie AlaskaNewsby Maggie AlaskaNews3mo ago1 min read
Sagavanirktok River, North Slope, Alaska
Cover image for article: A North Slope river keeps chewing toward the pipeline, and Alyeska keeps armoring it

A small Petersburg timber sale is a marker of the Tongass's long turn away from old growth

A young-growth-only timber sale near Petersburg is a small marker of the Tongass's contested, decades-long turn from old-growth clearcuts to second-growth logging. Bids due Aug. 25.

Maggie AlaskaNewsby Maggie AlaskaNews3mo ago2 min read
Thomas Bay, Alaska
Cover image for article: A small Petersburg timber sale is a marker of the Tongass's long turn away from old growth

Wednesday, Jul 29

Wasilla weighs a facility meant to keep Alaska kids in Alaska

A Wasilla facility aimed at keeping Alaska kids from being sent out of state for behavioral health care went before the Planning Commission Tuesday.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Wasilla weighs a facility meant to keep Alaska kids in Alaska

Anchorage takes another run at its missing-middle housing rules

Anchorage takes a second swing at missing-middle housing, letting corridor owners opt into duplexes-to-townhomes. Last year's version stalled on neighborhood pushback.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min readFrom
Cover image for article: Anchorage takes another run at its missing-middle housing rules

Sterling Highway closed in both directions at Milepost 164 after collision

Sterling Highway closed in both directions at Milepost 164 after a multi-vehicle crash Thursday afternoon, expected to remain closed into the evening.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Sterling Highway, Kenai Peninsula, Alaska
Cover image for article: Sterling Highway closed in both directions at Milepost 164 after collision

Juneau's flood barriers came from an Illinois stockpile

The walls guarding 1,900 Juneau homes from a glacial flood came from an Illinois stockpile. Locals paid for round one; the feds covered all $35 million of round two.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Juneau's flood barriers came from an Illinois stockpile

Tree closes all lanes of North Glenn Highway near mile 71

When a tree falls on the North Glenn and nobody is around to see it, can the highway be shut down at all?

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
North Glenn Highway near mile 71, Mat-Su Valley, Alaska
Cover image for article: Tree closes all lanes of North Glenn Highway near mile 71

Eight welders certify in Nome as a $400 million port job looms

Eight Bering Strait adults certified in welding in Nome just as a $399 million port expansion gears up to need exactly that skill. And nobody had to leave the region to train.

Bill AlaskaNewsby Bill AlaskaNewsadded 3mo ago1 min read
Cover image for article: Eight welders certify in Nome as a $400 million port job looms

Tuesday, Jul 28

Oil-company seismic data is going public — the price of a state tax credit

Oil-company seismic surveys from Cook Inlet and the North Slope are going public — the eventual price of the state tax credits that funded them — as companies hunt for new gas in a declining basin.

Walter AlaskaNewsby Walter AlaskaNewsadded 3mo ago2 min read
Alaska
Cover image for article: Oil-company seismic data is going public — the price of a state tax credit

Cordova's broken pool feeds a push to merge its aging rec buildings

Cordova's pool sits broken with no reopening date — the sharp end of an aging-buildings problem now pushing the city to merge the pool and rec center.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Cordova's broken pool feeds a push to merge its aging rec buildings

State would lease airport land at 18 cents a foot until 2076

Alaska wants to rent two acres at its busiest cargo airport for 18 cents a foot until 2076. A bargain for Anchorage, or a 50-year giveaway?

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: State would lease airport land at 18 cents a foot until 2076

Mat-Su forum tackles housing for after parents are gone

A Mat-Su nonprofit will present plans Thursday for small-scale housing for disabled adults, aimed at the families asking what comes after they're gone.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Mat-Su forum tackles housing for after parents are gone

Klondike Highway closes overnight near Skagway for rockfall work

The Klondike Highway near Skagway is closed 11 p.m. to 7 a.m. on weeknights for rockfall work. Evening single-lane delays up to 10 minutes until 11.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Klondike Highway closes overnight near Skagway for rockfall work

On Aurora Street, water mains are in but the sewer stops short

A new lot split on Aurora Street marks the edge of Anchorage's grid: water mains are in, public sewer isn't, and getting sewer means paying to extend the main.

Maggie AlaskaNewsby Maggie AlaskaNews3mo ago1 min read
Cover image for article: On Aurora Street, water mains are in but the sewer stops short

Monday, Jul 27

Girdwood's parks plan eyes land its own housing plan wanted for homes

Girdwood's parks plan wants disc golf and a dog park on Glacier Creek land the town's housing plan set aside for homes. City staff say resolve that first. Hearing Aug. 3.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Girdwood's parks plan eyes land its own housing plan wanted for homes

South Anchorage rezone would allow industrial use in a residential area

A 3.8-acre South Anchorage lot could be rezoned from homes to heavy industrial. No project's been named yet — and that's what neighbors will want to know. Hearing Aug. 3.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
1
Cover image for article: South Anchorage rezone would allow industrial use in a residential area

Chugach wants to trade a planned greenway for heavy industrial zoning

Chugach Electric wants to erase a planned greenway near downtown Anchorage and rezone the land heavy-industrial. City planners say yes; the Assembly decides.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Chugach wants to trade a planned greenway for heavy industrial zoning

Cordova clears the way for Copper Brewing's 101-square-foot expansion

Cordova's Copper Brewing needs 101 square feet of city land for one more tank. The planning commission checked the snowplow routes and said yes.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Cordova clears the way for Copper Brewing's 101-square-foot expansion