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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Friday, Jun 19
Anchorage seeks $3.5M for plow operators, contracts toward 72-hour standard
Anchorage Assembly will vote June 23 on $3.5 million to hire seven plow operators and expand contracted snow removal, aiming to clear all municipal roads within 72 hours after storms.

Thursday, Jun 18
Anchorage Assembly to vote June 23 on 5 labor agreements across 4 unions
Anchorage Assembly votes June 23 on five labor agreements with four unions that relax holiday pay eligibility and add benefits including a steward position and parental leave updates.

Juneau moves to extend its seawalk to the farthest cruise dock
Juneau's spent 20 years building a waterfront path it still can't finish. Now it wants the stretch to the far cruise dock. Mind the gap.

Juneau clerk certifies 1% seasonal sales tax petition, Assembly has 45 days to act
Juneau citizens got a 1% seasonal sales tax to the brink of the ballot. The Assembly has 45 days to pass it or let voters do it.

Dunleavy called a second special session over the unresolved LNG tax bill
Long Friday in Juneau: LNG tax bill stuck, second special session called, two vetoes overridden, three failed. Round three starts Saturday.

Interior Alaska Native groups set aside a day to repair elders' homes — and couldn't meet the demand
Bit off more than we could chew, how about you?

The Eklutna Gathering Center cleared Platting Board approval after 30 years
30 years in the making: Eklutna's Gathering Center got Platting Board approval Tuesday. Earthquake-ready design included

UIC just crossed $1 billion in revenue — a milestone almost no village corp reaches
UIC just crossed $1 billion in revenue. Almost no Alaska Native village corporation gets there.

More from Economy & Business
Wednesday, Jun 17
Anchorage Assembly to vote on $11M Port construction management deal
Anchorage votes June 23 on $11M in Port engineering contracts. The Port handles 90% of Alaska's freight, so worth a look.

Anchorage Assembly to vote on $1.35M in supportive housing grants
Five Anchorage nonprofits would split $1.35M for supportive housing on June 23. The pandemic-era funding clock is still ticking.

MEA is building a 40-acre substation in Meadow Lakes for Mat-Su's growing grid
Mat-Su is getting a 40-acre substation in Meadow Lakes — major infrastructure for the fastest-growing Alaska region. Take that, Anchorage!

Kodiak Borough OKs Water Upgrade for Village of Karluk
Kodiak Island Borough Planning and Zoning Commission unanimously approved a water treatment upgrade for the Native Village of Karluk, adding storage and lines for year-round drinking water.

Chugach and Glenfarne Alaska LNG signed a non-binding LOI — a step, not a contract
Chugach and Glenfarne signed a non-binding letter of intent. The pipeline still hasn't broken ground. One of many Chugach hedges.

Alaska Senate minority demands clean floor vote on LNG tax bill
Alaska Senate Republicans demanded a floor vote on HB 381, the LNG volumetric tax bill, without amendments. • The majority has not said whether it will attach an S-corporation tax provision the minority opposes. • Minority senators cited lower energy costs as the project's main public benefit for Alaskans.

Chugach is pursuing four hydroelectric projects to hedge against Cook Inlet gas decline
Chugach's gas-to-renewables shift has its first concrete entries: four hydro projects on four Southcentral creeks, 52 MW total.

Alaska's biggest utility may start importing the gas its own region once exported
Then on the sixth day, god said: "Let there be LNG" And it was goooooood

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 homeless residents tell Assembly: shelters worse than jail
Two sets of lived experience meet at Anchorage's homelessness debate: those in shelters and those who watched encampments grow.

Anchorage Assembly reviews missing middle housing overlay for transit corridors
Anchorage has wanted denser transit corridors on paper since 2001 — this opt-in overlay is the city's latest test of whether residents actually mean it.

True North dropped crisis services from Fairview plan after months of pushback
Fairview pushed back. True North revised. No more crisis services in the Fairview building — outpatient and a mobile van instead.

Alyeska Seeks Land to Armor the Pipeline Against Floods
Alyeska wants more North Slope land to wall the pipeline off from flooding — the same week the rivers are rising, and a year after the Sag took out the Dalton Highway for real.

A residential block off Abbott Road is going commercial — one lot at a time
Dominos falling A city tries rezoning If they accept it

Two Anchorage housing votes on June 23: a tax break and new fees on the same new homes
Anchorage's June 23: a tax break for starter-home buyers, plus new utility fees on the same construction. The math depends on builders.

Teller pressed Graphite One on subsistence risks at the Graphite Creek mine
Teller residents pressed Graphite One on subsistence risks from the proposed Graphite Creek mine at a June 2026 meeting, raising concerns about caribou, fish, and marine mammal impacts. • Community members questioned spill response plans, dust and traffic in harvesting areas, and how the company would enforce hiring and revenue commitments rather than merely promise them. • The company met privately with Native entities before the public meeting, a sequencing that drew scrutiny from attendees.

Anchorage Assembly to appropriate $1.75M federal port power grant
Anchorage Assembly votes Monday on a $1.75 million federal grant to harden the Port of Alaska's electrical systems against earthquakes and add backup power for cargo terminals.

Anchorage Assembly will vote June 23 on $214,684 for a pedestrian safety campaign
Anchorage is getting $214K in federal money for pedestrian safety outreach. The city's pedestrian fatality numbers say, maybe it's overdue?

Murkowski and Sullivan split on a motion to discharge an Iran War Powers Resolution
Iran War Powers Resolution: Murkowski yes, Sullivan no. The 2020 version went the same way. Pattern noted.

Alaska AFL-CIO endorsed Peltola for Senate and Hill for House Wednesday
Alaska AFL-CIO endorsed Peltola and Hill. The federation traditionally goes Democratic. The other side wasn't asked.

Chugach Electric wants perpetual easements through two Anchorage parks
Anchorage Assembly votes Tuesday on giving Chugach Electric permanent easements through Russian Jack Springs Park and Ira Walker Park to bury aging power lines, affecting nearly 50,000 square feet of parkland at no cost to the city.

Tuesday, Jun 16
Ben Eielson High lab rebuild is part of Eielson AFB's F-35-era buildout
Army Corps of Engineers is upgrading science labs at Ben Eielson High School with new propane safety controls, part of a decade-long federal buildout tied to the base's role as a primary F-35 fighter hub for the Pacific region.

Coast Guard seeks contractor for Kodiak rescue aircraft life-support gear
Coast Guard Air Station Kodiak is hiring a contractor to maintain life-support gear on rescue aircraft serving Alaska's deadliest fisheries, with proposals due June 29.

Cordova Harbor Commission votes against CAM 2 dock recommendation
Cordova Harbor Commission voted against recommending the city sell 4,100 square feet of waterfront to seafood processor CAM 2 for a private dock. • Commissioners cited navigation safety concerns at the tight harbor entrance and potential impacts on lighting and road infrastructure. • The proposal now goes to City Council, which may still approve the sale despite the commission's recommendation against it.

Senate Finance presses Alaska LNG spur line: who builds, who pays, who regulates
Senate Finance gets into the numbers of the LNG line in a hot and spicy day of meetings

Alaska DOT&PF Awards $2.2M to 15 Trail Projects Statewide
Trail fail? No. Trail $2m bail out.

Anchorage Press plans return, with Northern Journal folding into revived paper
Nathaniel Herz and Veri di Suvero are reviving the Anchorage Press, an alternative weekly that closed years ago, by folding Northern Journal into it and launching a print edition this fall with arts, culture and Alaska politics coverage.

Anchorage Assembly weighs $254K economic development grant to AEDC
The Anchorage Assembly will vote on a $254,000 grant to the Anchorage Economic Development Corporation to fund economic development work through 2026, including a federal economic strategy.

Anchorage Assembly to vote June 23 on $2.57M in HUD housing grants
Anchorage Assembly votes June 23 on a $2.57 million federal housing grant plan, but more than $1.2 million has no specific projects assigned yet and will be decided later.

Monday, Jun 15
Anchorage ordinance would open industrial zones to adult care facilities
Anchorage Assembly Member Erin Baldwin Day introduced an ordinance to allow adult care facilities in light industrial zones without planning review, citing rapid senior population growth through 2029.

Mat-Su Planning Commission backs multifamily code overhaul
Mat-Su Planning Commission backed a tiered multifamily code allowing homeowners to add mother-in-law suites without permits. • Larger projects must meet new drainage, fire access, and road standards, including 100-foot building setbacks from roads. • The Assembly must approve the ordinance before the new rules take effect.

Senate Finance demands Phase 1 pipeline math before Alaska LNG tax vote
Senator Stedman blocked a vote on a $750 million annual tax break for Alaska LNG's Phase 1 pipeline until the Department of Revenue shows whether the project actually needs the 2-mill property tax cut to work financially.

Archangel Road opens for summer access to Reed Lakes
Archangel Road in Hatcher Pass opened for summer, restoring vehicle access to Reed Lakes Trailhead and alpine hiking. Expect rough unpaved conditions, limited parking, and weekend crowds.
