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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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Thursday, Jul 16

Fairbanks riverwalk gap closure gets commission review next week

Fairbanks commission reviews Phase III of Chena Riverwalk on July 22, a trail segment to close a gap near Pioneer Park, after city council opposed the current design as too expensive.

Maggie AlaskaNewsby Maggie AlaskaNews3mo ago2 min read
Cover image for article: Fairbanks riverwalk gap closure gets commission review next week

Sitka Assembly schedules child care work session for July 21

Sitka Assembly meets July 21 to tackle child care shortages that parents say are expensive and understaffed, and that hurt nearly two-thirds of local employers.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Sitka Assembly schedules child care work session for July 21

Anchorage operator seeks renewal of four marijuana licenses across two sites

Anchorage operator Eun Lee seeks renewal of four marijuana licenses at two sites; the city's protest window closes July 25 and 26.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: Anchorage operator seeks renewal of four marijuana licenses across two sites

Parks Highway closed at MP 274 near Clear Space Force Station

A disabled semi-truck closed the Parks Highway at Milepost 274 near Clear Space Force Station through Friday, blocking the main route between Anchorage and Fairbanks.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Parks Highway near Clear Space Force Station, Interior Alaska
Cover image for article: Parks Highway closed at MP 274 near Clear Space Force Station

Kodiak commission votes 4-2 to rezone Cliff Point lots to conservation district

Kodiak planning commission voted 4-2 to rezone six Cliff Point Estates lots to conservation district, raising minimum lot size from 2 to 5 acres and reducing how many homes could be built there.

Walter AlaskaNewsby Walter AlaskaNews3mo ago1 min read
Cover image for article: Kodiak commission votes 4-2 to rezone Cliff Point lots to conservation district

DNR moves to lease four acres near Valdez to adventure tourism operator Black Ops Valdez

DNR is leasing four acres near Valdez to Black Ops Valdez for heli-skiing and backcountry tours, but the deal faces a competitive bidding process if the public objects during the comment period.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Cover image for article: DNR moves to lease four acres near Valdez to adventure tourism operator Black Ops Valdez

Alaska Senate passes HB 381 oil and gas tax bill 11-8, with dissenters signaling more work ahead

Alaska Senate passed HB 381, the main bill enabling AK LNG, 11-8 Thursday, but dissenters flagged unresolved questions about a new income tax on oil and gas pass-through entities.

Walter AlaskaNewsby Walter AlaskaNews3mo ago2 min read
Alaska
Cover image for article: Alaska Senate passes HB 381 oil and gas tax bill 11-8, with dissenters signaling more work ahead

Kodiak Borough holds public hearing on Ouzinkie tsunami shelter rezone

Kodiak Island Borough Assembly held a public hearing July 16 on rezoning an Ouzinkie parcel to house the community's tsunami shelter and tribal offices.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Kodiak Borough holds public hearing on Ouzinkie tsunami shelter rezone

More from Economy & Business

North Slope Borough approves $5M water and sewer increase after Point Lay freeze-up

North Slope Borough approved a $5 million increase to its water and sewer contract Monday after a village-wide freeze-up in Point Lay that has lasted since December 2025.

Lucas Brownby Lucas Brown4mo ago2 min read
North Slope Borough, Alaska
Cover image for article: North Slope Borough approves $5M water and sewer increase after Point Lay freeze-up

Fairbanks subdivision stuck in limbo since 2018 seeks fourth extension, citing owners' divorce

Fairbanks Platting Board will decide July 15 whether to extend a subdivision's approval for a fourth time, after the owners' divorce halted road work needed to finish the eight-lot Nalak Subdivision.

Maggie AlaskaNewsby Maggie AlaskaNewsadded 3mo ago1 min read
Cover image for article: Fairbanks subdivision stuck in limbo since 2018 seeks fourth extension, citing owners' divorce

Alaska LNG tax bill advances to floor on split conference committee votes

Alaska's Legislature advanced a revised LNG tax bill that replaces municipal property taxes with a state volumetric tax, redirecting an estimated $500 million in annual local revenue by 2033.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Alaska LNG tax bill advances to floor on split conference committee votes

Conference draft keeps oil-and-gas pass-through tax, delays it to 2029

A House-Senate conference committee draft of HB 381 keeps a proposed income tax on oil-and-gas pass-through entities but delays collections to 2029.

Walter AlaskaNewsby Walter AlaskaNews4mo ago4 min read
Cover image for article: Conference draft keeps oil-and-gas pass-through tax, delays it to 2029

Chugach Electric proposes 3.5% rate hike to cover $11.2 million shortfall

Chugach Electric seeks a 3.5% rate increase to cover an $11.2 million shortfall, adding about $4.55 to typical monthly bills, with a decision expected by November 2026.

Walter AlaskaNewsby Walter AlaskaNewsadded 3mo ago2 min read
Cover image for article: Chugach Electric proposes 3.5% rate hike to cover $11.2 million shortfall

Wednesday, Jul 15

Anchorage's landfill needs $1.9 million in new heavy equipment

Can you believe it equipment gets old! Womp Womp

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Anchorage's landfill needs $1.9 million in new heavy equipment

Fairbanks weighs doubling a rec area and shifting trail approvals to staff

Fairbanks may nearly double the Isberg Recreation Area to 740 acres — and let future trails get built through staff review instead of public hearings.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Cover image for article: Fairbanks weighs doubling a rec area and shifting trail approvals to staff

A tiny Alaska post office runs out of a cabin, and the state wants to keep it

Skwentna's post office runs out of a private cabin at a fly-in airport, and the state just moved to renew the lease keeping it open.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Cover image for article: A tiny Alaska post office runs out of a cabin, and the state wants to keep it

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

Anchorage tightens the rule on city workers' holiday pay

Anchorage is tightening its holiday-pay rule for city workers: miss any part of the shift before or after a holiday and you forfeit the pay. It hits six city unions, up for a July 21 vote.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Anchorage tightens the rule on city workers' holiday pay

Ketchikan's fishing fleet is stuck without showers in peak season

A collapsed drain pipe left Ketchikan's fishing fleet without public showers during peak season — and nobody's even opened the floor yet. One fisherman gave the harbor board an earful.

Bill AlaskaNewsby Bill AlaskaNews4mo ago1 min read
Cover image for article: Ketchikan's fishing fleet is stuck without showers in peak season

A shifting wall threatens Bethel's freight lifeline

A sheet pile wall at Bethel's port is shifting, and the Corps wants an engineering fix — a worry for the roadless Y-K Delta's only real freight lifeline.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: A shifting wall threatens Bethel's freight lifeline

Anchorage Assembly set to vote July 21 on nearly $3M landfill tipping building contract

Anchorage Assembly votes July 21 on a $2.99 million contract to replace the 40-year-old public tipping building at the Eagle River landfill, with work to finish in 180 days.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Cover image for article: Anchorage Assembly set to vote July 21 on nearly $3M landfill tipping building contract

Tlingit & Haida leaders ask tourists to stop using totem poles as social media props

Tlingit, Haida, and Tsimshian leaders are asking tourists to stop using totem poles as social media backdrops, saying the carved poles hold sacred stories and ancestors, not Instagram props.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Southeast Alaska
Cover image for article: Tlingit & Haida leaders ask tourists to stop using totem poles as social media props

Denali proposes a daily vehicle cap on its previously restricted road

Denali wants to swap its seasonal vehicle cap for a daily one — 160 a day on the restricted road. Comment by Friday if you've got thoughts.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Denali National Park, Alaska
Cover image for article: Denali proposes a daily vehicle cap on its previously restricted road

EPA moves to stop Alaska's cold from shutting down diesel engines

Alaska cold can freeze a diesel's emissions fluid and cut its power mid-job. EPA wants to stop the shutdowns before someone's stranded at 40 below.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: EPA moves to stop Alaska's cold from shutting down diesel engines

Kodiak developer's conservation rezone draws a refuge objection

A Kodiak developer wants to rezone 20 lots into six under a Conservation District; the neighboring wildlife refuge is raising objections. But what don't the feds raise objections about?

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Cover image for article: Kodiak developer's conservation rezone draws a refuge objection

Tuesday, Jul 14

Anchorage Assembly to consider beer and wine permit for golf simulator on Old Seward Highway

Anchorage Assembly votes Tuesday on beer and wine sales at Mulligan's golf simulator on Old Seward Highway, with the administration recommending approval.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Anchorage Assembly to consider beer and wine permit for golf simulator on Old Seward Highway

BLM's Campbell Tract replanting job is open only to women-owned firms

Want to grow 1,710 plants to heal a retired Campbell Tract trail? You'll need a women-owned firm — it's a federal set-aside. Quotes due July 24.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Cover image for article: BLM's Campbell Tract replanting job is open only to women-owned firms

Environmental groups rally against a wave of proposed Alaska data centers

Two Alaska environmental groups are rallying in Fairbanks against a wave of proposed data centers — and the lack of any statewide rules for them.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Cover image for article: Environmental groups rally against a wave of proposed Alaska data centers

Alaska won up to $160M to hunt critical minerals with AI and microbes

UAF will lead a new NSF innovation engine — up to $160M over 10 years — using AI and microbes to find Alaska's critical minerals. SCIENCE!!

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Cover image for article: Alaska won up to $160M to hunt critical minerals with AI and microbes

Alaska's diesel-to-renewables fund reopens, but the money reaches few

Alaska's main fund for getting rural communities off diesel just reopened — with room for maybe nine of the many that'll apply.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Cover image for article: Alaska's diesel-to-renewables fund reopens, but the money reaches few

Palmer copper project advances as the Chilkat Valley pushes back

The Palmer copper-zinc project near Haines pits a state-backed critical-minerals push against residents and Klukwan fighting to protect the Chilkat's salmon.

Maggie AlaskaNewsby Maggie AlaskaNewsadded 4mo ago2 min read
Cover image for article: Palmer copper project advances as the Chilkat Valley pushes back

A Petersburg cell tower proposal died without a second

A Petersburg cell tower plan died the quietest death possible Tuesday — nobody would even second the motion to approve it.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: A Petersburg cell tower proposal died without a second

As federal wetland protections recede, Anchorage rewrites its own rules

After the Supreme Court pulled federal protection off more than half the nation's wetlands, their fate now falls to states and cities — and no state has more wetlands than Alaska.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: As federal wetland protections recede, Anchorage rewrites its own rules

Anchorage moves to allow homes on commercial land

Anchorage wants to let you build a house on commercial strip-mall land — the latest zoning tweak in its long slog toward 10,000 new homes.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Anchorage moves to allow homes on commercial land

The $100 million question inside Alaska's gas-line bill

Should Hilcorp pay the oil tax ExxonMobil and ConocoPhillips already do? It's worth $100M-plus a year — but critics warn taxing Cook Inlet's gas supplier could backfire.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: The $100 million question inside Alaska's gas-line bill

Steel and pilings shrink Juneau's Oak Landing to a third its size

Steel doubled and the ground needs 100-foot pilings, so Juneau's Oak Landing is shrinking to a third its size — but the welcome center, shops and seawalk survive.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Steel and pilings shrink Juneau's Oak Landing to a third its size

A glacier-dammed lake is emptying into the Salmon River near Hyder

A glacier-dammed lake above Hyder is draining out the bottom of the Salmon Glacier, swelling the Salmon River and threatening the Premier road — like it has almost every summer since 1961.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Cover image for article: A glacier-dammed lake is emptying into the Salmon River near Hyder

A small gold permit, on a river fighting for its future

A routine gold-mining permit on a Susitna tributary is a small piece of a much bigger fight over a salmon river conservationists just named one of America's most endangered.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Yentna Mining District, Alaska
Cover image for article: A small gold permit, on a river fighting for its future

A gravel permit for the pipeline, and a question about what Alyeska pays

A routine permit lets Alyeska pull gravel from the Sag floodplain for pipeline upkeep — but not what the private pipeline giant pays the public for it. A senator's been asking.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: A gravel permit for the pipeline, and a question about what Alyeska pays

Juneau may spend its last prime waterfront lot on a bathroom

Juneau's last prime chunk of downtown waterfront might become… a public restroom and a covered spot to stand. At least one Assembly member is asking if that's really the best use.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Juneau may spend its last prime waterfront lot on a bathroom

Kenai has 120 seniors waiting for housing that doesn't exist yet

120 people are waitlisted for senior housing in Kenai that hasn't been built — and the city's plan doesn't even study the problem until around 2030.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Kenai has 120 seniors waiting for housing that doesn't exist yet