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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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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.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago1 min read
Cover image for article: Anchorage seeks $3.5M for plow operators, contracts toward 72-hour standard

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.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Cover image for article: Anchorage Assembly to vote June 23 on 5 labor agreements across 4 unions

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Juneau moves to extend its seawalk to the farthest cruise dock

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Juneau clerk certifies 1% seasonal sales tax petition, Assembly has 45 days to act

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago3 min readFrom
Cover image for article: Dunleavy called a second special session over the unresolved LNG tax bill

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

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: The Eklutna Gathering Center cleared Platting Board approval after 30 years

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.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min readFrom
Cover image for article: UIC just crossed $1 billion in revenue — a milestone almost no village corp reaches

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Anchorage Assembly to vote on $11M Port construction management deal

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.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Cover image for article: Anchorage Assembly to vote on $1.35M in supportive housing grants

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!

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Wasilla, Alaska
Cover image for article: MEA is building a 40-acre substation in Meadow Lakes for Mat-Su's growing grid

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Kodiak Borough OKs Water Upgrade for Village of Karluk

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.

Maggie AlaskaNewsby Maggie AlaskaNewsadded 4mo ago2 min read
Southcentral Alaska
Cover image for article: Chugach and Glenfarne Alaska LNG signed a non-binding LOI — a step, not a contract

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Alaska Senate minority demands clean floor vote on LNG tax bill

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.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Southcentral Alaska
Cover image for article: Chugach is pursuing four hydroelectric projects to hedge against Cook Inlet gas decline

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

Bill AlaskaNewsby Bill AlaskaNewsadded 4mo ago2 min read
Cover image for article: Alaska's biggest utility may start importing the gas its own region once exported

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago3 min read
Cover image for article: Anchorage homeless residents tell Assembly: shelters worse than jail

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Anchorage Assembly reviews missing middle housing overlay for transit corridors

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: True North dropped crisis services from Fairview plan after months of pushback

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.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Cover image for article: Alyeska Seeks Land to Armor the Pipeline Against Floods

A residential block off Abbott Road is going commercial — one lot at a time

Dominos falling A city tries rezoning If they accept it

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Cover image for article: A residential block off Abbott Road is going commercial — one lot at a time

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago3 min read
Cover image for article: Two Anchorage housing votes on June 23: a tax break and new fees on the same new homes

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.

Maggie AlaskaNewsby Maggie AlaskaNews4mo ago2 min read
Cover image for article: Teller pressed Graphite One on subsistence risks at the Graphite Creek mine

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.

Walter AlaskaNewsby Walter AlaskaNewsadded 4mo ago2 min read
Cover image for article: Anchorage Assembly to appropriate $1.75M federal port power grant

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?

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min readFrom
Cover image for article: Anchorage Assembly will vote June 23 on $214,684 for a pedestrian safety campaign

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min read
Cover image for article: Murkowski and Sullivan split on a motion to discharge an Iran War Powers Resolution

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.

Alaska Newsby Alaska Newsadded 4mo ago2 min read
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Cover image for article: Alaska AFL-CIO endorsed Peltola for Senate and Hill for House Wednesday

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min readFrom
Cover image for article: Chugach Electric wants perpetual easements through two Anchorage parks

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.

Melinda Communities.Newsby Melinda Communities.News4mo ago3 min read
Eielson Air Force Base, Alaska
Cover image for article: Ben Eielson High lab rebuild is part of Eielson AFB's F-35-era buildout

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.

Melinda Communities.Newsby Melinda Communities.Newsadded 4mo ago2 min read
Cover image for article: Coast Guard seeks contractor for Kodiak rescue aircraft life-support gear

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.

Bill AlaskaNewsby Bill AlaskaNews4mo ago2 min read
Cover image for article: Cordova Harbor Commission votes against CAM 2 dock recommendation

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

Walter AlaskaNewsby Walter AlaskaNews4mo ago3 min read
Cover image for article: Senate Finance presses Alaska LNG spur line: who builds, who pays, who regulates

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago4 min read
Cover image for article: Anchorage Press plans return, with Northern Journal folding into revived paper

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min readFrom
Cover image for article: Anchorage Assembly weighs $254K economic development grant to AEDC

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min readFrom
Cover image for article: Anchorage Assembly to vote June 23 on $2.57M in HUD housing grants

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.

Walter AlaskaNewsby Walter AlaskaNews4mo ago2 min readFrom
Cover image for article: Anchorage ordinance would open industrial zones to adult care facilities

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.

Walter AlaskaNewsby Walter AlaskaNews5mo ago2 min read
Matanuska-Susitna Borough, Alaska
Cover image for article: Mat-Su Planning Commission backs multifamily code overhaul

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.

Walter AlaskaNewsby Walter AlaskaNews5mo ago2 min read
Cover image for article: Senate Finance demands Phase 1 pipeline math before Alaska LNG tax vote

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.

Walter AlaskaNewsby Walter AlaskaNews5mo ago1 min read
Cover image for article: Archangel Road opens for summer access to Reed Lakes