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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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Wednesday, Jul 8

Gavora Mall, two other Fairbanks properties seek grandfather rights at July 16 hearing

Gavora Mall and two other Fairbanks properties will seek grandfather rights on July 16, allowing uses built before current zoning rules to continue without permits.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Cover image for article: Gavora Mall, two other Fairbanks properties seek grandfather rights at July 16 hearing

State agency warns Girdwood Parks Plan shows unauthorized trails on airport land

Alaska DOT&PF told Anchorage the Girdwood Parks Master Plan maps four trail segments across state airport property without permission, risking public access conflicts with aviation uses.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: State agency warns Girdwood Parks Plan shows unauthorized trails on airport land

Petersburg's cell tower rules advance, flaws and all

Petersburg advanced new cell-tower rules 5-0 — but a vice mayor called the 15-amendment process "deeply flawed," and residents are fighting cuts to safety setbacks.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Petersburg's cell tower rules advance, flaws and all

Alaska's investment arm hands its director more power over public money

AIDEA gave its director a standing $4.5M fund and the power to pick which projects get vetted with public money — faster, but with less board and public visibility.

Melinda Communities.Newsby Melinda Communities.News4mo ago2 min read
Cover image for article: Alaska's investment arm hands its director more power over public money

Anchorage won $191 million for the port that feeds Alaska

Anchorage won a record $191M from the federal government, all of it going to rebuild the port that brings in 90% of Alaska's food and fuel — and to keep those costs off Alaskans' bills.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Anchorage won $191 million for the port that feeds Alaska

Kenai council funds $110K roof shortfall, sets Oct. 31 deadline for Senior Center and shelter work

Kenai City Council approved $110,000 Tuesday to fix roofs at the senior center and animal shelter by Oct. 31 after a bid came in higher than expected.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Kenai council funds $110K roof shortfall, sets Oct. 31 deadline for Senior Center and shelter work

Four ferries in the shop make for a lean Alaska winter

Four Alaska ferries will be down for repairs this winter — one for five months after crews found corroded steel — thinning service for roadless towns that depend on it.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Four ferries in the shop make for a lean Alaska winter

Tessera hiring event comes to Mat-Su Job Center July 29

Tessera is hiring veterans, military spouses, and people with disabilities at the Mat-Su Job Center on July 29 for facility management, manufacturing, and warehousing roles.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Tessera hiring event comes to Mat-Su Job Center July 29

More from Economy & Business

USDA expands disaster pay for Alaska fish farms, livestock, and beekeepers

Fish farms now qualify for federal disaster pay covering bird predation losses at $600 per acre. • Livestock owners get full market value for animals killed by protected predators, up from 75%. • Beekeepers and tree growers also see expanded coverage under USDA policy changes effective Wednesday.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago3 min read
Cover image for article: USDA expands disaster pay for Alaska fish farms, livestock, and beekeepers

The company behind Fort Knox is prospecting for gold near Delta Junction

The Kinross subsidiary that runs Fort Knox, Alaska's biggest gold mine, wants to drill for a new deposit near Delta Junction, in a salmon-bearing river drainage. It's exploration, not a mine yet.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Cover image for article: The company behind Fort Knox is prospecting for gold near Delta Junction

Tuesday, Jul 7

Kenai Peninsula planners to weigh road and bridge over salmon creek in Anchor Point

Kenai Peninsula Borough planners will decide July 20 whether to allow a road and bridge over an anadromous creek in Anchor Point, a project that requires a conditional use permit under borough code.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Kenai Peninsula planners to weigh road and bridge over salmon creek in Anchor Point

Rural Alaska contract workers lost a federal wage floor; the state stepped in

Rural Alaska's federal contract workers lost their $17.75 floor last year. What's saving their paychecks now? Alaska's own $14 minimum wage.

Bill AlaskaNewsby Bill AlaskaNewsadded 4mo ago1 min read
Cover image for article: Rural Alaska contract workers lost a federal wage floor; the state stepped in

Noatak Airport relocation triggers water quality review as river erodes toward runway

River erosion is forcing Noatak to relocate its airport, and the Army Corps of Engineers opened a water quality review that must clear before construction can start on a new site 1.5 miles west.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Cover image for article: Noatak Airport relocation triggers water quality review as river erodes toward runway

State opens bids for Chenega Bay airport maintenance contract

Alaska is seeking a new maintenance contractor for Chenega Bay Rural Airport in Prince William Sound, with bids due July 16 and award expected by July 28.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago1 min read
Chenega Bay, Alaska
Cover image for article: State opens bids for Chenega Bay airport maintenance contract

Alaska doubles bulk fuel loan cap to $1.5 million for rural communities

Alaska doubled the bulk fuel loan cap to $1.5 million for rural communities starting July 3, helping villages and fuel retailers cover winter heating oil purchases before customer payments arrive.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Alaska doubles bulk fuel loan cap to $1.5 million for rural communities

Northern Region roads return to full summer loads Friday

Alaska lifts spring weight limits on most Northern Region roads Friday, July 10, letting commercial haulers return to full legal loads, except Tofty Road into Tanana stays capped at 75 percent.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Interior Alaska
Cover image for article: Northern Region roads return to full summer loads Friday

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

Deadhorse Airport paving set for mid-July after holiday pause

Deadhorse Airport paving is set for mid-July as crews work through the Arctic construction season to fix aging pavement and drainage that support North Slope oil and gas operations.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Cover image for article: Deadhorse Airport paving set for mid-July after holiday pause

Homer sets policy framework for future water and sewer rate changes

Homer City Council adopted a policy framework Tuesday that will guide future water and sewer rate increases, though no specific rate changes take effect yet.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Homer sets policy framework for future water and sewer rate changes

Federal settlement sends $180 million to Port of Alaska modernization

Federal settlement sends $180 million to the Port of Alaska's $2.7 billion modernization program, reducing pressure for tariff increases that could raise fuel and grocery prices statewide.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Federal settlement sends $180 million to Port of Alaska modernization

A pipeline wants to more than double its rates, and Alaska has a stake

A North Slope pipeline company wants to more than double its gas-shipping rates — and since Alaska takes a cut of that gas's value, the hike could dent state revenue too. Comment by July 21.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago1 min read
Cover image for article: A pipeline wants to more than double its rates, and Alaska has a stake

Rockslide blocks both lanes of North Tongass Hwy near Ward Cove

A rockslide blocked both lanes of North Tongass Highway near Ward Cove on Tuesday morning, cutting the only paved road connecting North Tongass communities to Ketchikan.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Rockslide blocks both lanes of North Tongass Hwy near Ward Cove

Monday, Jul 6

Kodiak Borough set to rezone Ouzinkie parcel for tsunami shelter and government offices

Kodiak Borough will vote July 16 on rezoning an Ouzinkie parcel to allow a tsunami shelter and government offices in the island village.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Kodiak Borough set to rezone Ouzinkie parcel for tsunami shelter and government offices

Fairbanks staff flag spot-zone risk ahead of Geist Road rezone vote

Fairbanks planning staff recommend denying a rezone of two Geist Road lots from mixed commercial to all General Commercial. • Staff warn the change would remove the only zoning buffer between intensive commercial uses and a residential neighborhood. • A worst-case General Commercial use like a drive-through could generate 1,500 weekday trips versus 25 for the current medical offices. • The Planning Commission votes Tuesday, July 14, at 6 p.m.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Cover image for article: Fairbanks staff flag spot-zone risk ahead of Geist Road rezone vote

Tomodachi Daiko's Power of Drums concert lists $32 tickets despite early-bird label

Tomodachi Daiko's Power of Drums concert on Aug. 1 in Anchorage lists $32 tickets as an early-bird price that expired June 15, but at least one buyer paid that same price after the deadline.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Tomodachi Daiko's Power of Drums concert lists $32 tickets despite early-bird label

Anchorage P&Z recommends rezoning 7.9 acres of port land to parks

Anchorage Planning and Zoning Commission voted Monday to recommend rezoning 7.9 acres of port land from industrial to parks, clearing the way for the Assembly to make the final decision.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Anchorage P&Z recommends rezoning 7.9 acres of port land to parks

Doyon Utilities seeks rate hikes up to 51% at 3 Alaska military bases; comment deadline July 21

Doyon Utilities is seeking permanent rate increases up to 51 percent for water, power, and heat at Fort Richardson, Fort Greely, and Fort Wainwright, with a public comment deadline of July 21.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Interior Alaska
Cover image for article: Doyon Utilities seeks rate hikes up to 51% at 3 Alaska military bases; comment deadline July 21

Helicopter sinks in Chelatna Lake; bystander pulls both survivors from water

A helicopter sank in Chelatna Lake near Skwentna on Sunday after a boater pulled both occupants from the water; both survived with minor injuries.

Maggie AlaskaNewsby Maggie AlaskaNewsadded 4mo ago1 min read
Chelatna Lake, Alaska
Cover image for article: Helicopter sinks in Chelatna Lake; bystander pulls both survivors from water

Alaska Marine Highway Operations Board schedules July 24 public meeting

Alaska Marine Highway Operations Board meets July 24, 2026. Full agenda and public comment details will post in the state notice system.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Alaska Marine Highway Operations Board schedules July 24 public meeting

Anchorage Assembly to vote on $500K shelter contract increase as earlier amendments used Title 7 waivers

Anchorage Assembly votes Tuesday on a $500,000 shelter contract increase, bringing the total to nearly $4.93 million.

Walter AlaskaNewsby Walter AlaskaNews4mo ago1 min read
Cover image for article: Anchorage Assembly to vote on $500K shelter contract increase as earlier amendments used Title 7 waivers

Bethel hauled water and sewer deliveries shift early for Independence Day

Bethel shifted hauled water and sewer deliveries one day early Saturday to beat the Independence Day holiday, affecting all three service routes.

Alaska Newsby Alaska Newsadded 4mo ago1 min read
Cover image for article: Bethel hauled water and sewer deliveries shift early for Independence Day

Sunday, Jul 5

Juneau GA pilots say master plan ignores fuel monopoly, push for self-serve AvGas

More than 50 Juneau pilots are pushing the airport master plan to study self-serve AvGas fuel, saying a single provider charges 33% markups and limits competition.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Juneau GA pilots say master plan ignores fuel monopoly, push for self-serve AvGas

Anchorage planners say 30-foot R-1 height cap would undermine housing overlay

Anchorage planners say a 30-foot height cap for R-1 zones would block three-story buildings the Missing Middle Housing overlay is meant to enable.

Walter AlaskaNewsby Walter AlaskaNews4mo ago3 min read
Cover image for article: Anchorage planners say 30-foot R-1 height cap would undermine housing overlay

Kodiak water customers face $250 involuntary disconnect charge, $1,000 tampering fine under new rules

Kodiak water customers will pay $250 to restore service after a 30-day shutoff and face up to $1,000 fines for meter tampering under rules the City Council adopts Thursday.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago1 min read
Cover image for article: Kodiak water customers face $250 involuntary disconnect charge, $1,000 tampering fine under new rules

Kodiak council to consider $1.2M ice rink roof contract, drawing from two parks funds

Kodiak City Council votes Thursday on a $1.2 million ice rink roof contract that exceeds budget by $644,000, requiring transfers from two other parks projects to fund the work.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Cover image for article: Kodiak council to consider $1.2M ice rink roof contract, drawing from two parks funds

Southeast Alaska ports share a pattern: residents want stable or reduced cruise volumes

Residents across six Southeast Alaska cruise ports say tourism helps the economy but has limits, and most want stable or fewer visitors, not growth.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago3 min read
Southeast Alaska
Cover image for article: Southeast Alaska ports share a pattern: residents want stable or reduced cruise volumes

HB 381 exempts Alaska LNG project property from municipal taxes, replaces with volumetric splits

HB 381 replaces municipal property taxes on the Alaska LNG project with a new volumetric tax. • Phase 1 revenue splits favor pipeline communities while Phase 2 directs 48 percent to the Kenai Peninsula Borough. • The state expects the project to generate 26 billion dollars over 30 years. • Tax changes expire if construction misses a December 31 2034 deadline.

Walter AlaskaNewsby Walter AlaskaNews4mo ago3 min read
Alaska
Cover image for article: HB 381 exempts Alaska LNG project property from municipal taxes, replaces with volumetric splits

SEAPA files federal notice to begin Tyee Lake relicensing ahead of 2031 expiration

Southeast Alaska Power Agency opened federal relicensing for Tyee Lake hydropower, which expires in 2031 and serves Ketchikan, Petersburg, and Wrangell.

Maggie AlaskaNewsby Maggie AlaskaNewsadded 4mo ago2 min read
Cover image for article: SEAPA files federal notice to begin Tyee Lake relicensing ahead of 2031 expiration

Alaska gas pipeline tax bill sets $40M milestone test for boroughs, schools, and rural heating fund

Alaska's gas pipeline tax bill unlocks billions for boroughs and schools only if the developer pays $40 million and meets construction deadlines through 2037.

Walter AlaskaNewsby Walter AlaskaNews4mo ago3 min read
Cover image for article: Alaska gas pipeline tax bill sets $40M milestone test for boroughs, schools, and rural heating fund

Bush plane tips on Copper River sandbar during fishwheel check; no injuries

A bush plane tipped on a Copper River sandbar Friday while landing to check a fishwheel, sustaining minor damage with no injuries.

Bill AlaskaNewsby Bill AlaskaNews4mo ago1 min read
Cover image for article: Bush plane tips on Copper River sandbar during fishwheel check; no injuries

Saturday, Jul 4

Juneau sets two conditions for any Eaglecrest deal with Goldbelt

Juneau told Goldbelt it will keep owning Eaglecrest Ski Area and won't tie any deal to the corporation's separate cruise dock proposal.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Juneau sets two conditions for any Eaglecrest deal with Goldbelt