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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Monday, Nov 2
Palmer planners pick four downtown goals from a parking study instead of adopting it
Palmer planners passed on adopting a consultant's parking study and picked four goals instead, from safer walking to a 15 to 20 mph downtown speed limit.

State moves to add land to pipeline lease for rock piles to guard against the Sag River
The state proposed adding 26 acres along the Sagavanirktok River to the pipeline's lease so Alyeska can place rock piles up to a half-mile long by the line.

State gives final OK to dropping two public easements on a Harding Lake lot
DNR finalized the Sampsons' bid to vacate two public easements on their Harding Lake lot. A 50-foot utility strip stays, and a final survey plat is due in two years.

Serve Alaska seeks AmeriCorps planning grant applications by Dec. 1
Serve Alaska is taking AmeriCorps planning grant applications through 5 pm Dec. 1. Grants of $50,000 to $60,000 fund a 12 month design period for groups seeking 2027-28 AmeriCorps program money.

Wright Air keeps Lake Minchumina flights for two more years, with a bigger federal subsidy
Wright Air will keep flying Lake Minchumina's federally subsidized route to Fairbanks for two more years. The feds picked it a day before its contract ran out.

McGrath's air service contract expires Nov. 30, and the feds haven't named a carrier
McGrath's subsidized air service contract expires Nov. 30, and the feds haven't named a carrier from four bids of about $529,000 to $2.4 million a year.

Graphite One pushes Graphite Creek mine near Nome to 2030, a year later than planned
Graphite One pushed its Graphite Creek mine near Nome to 2030 and its Ohio battery plant to late 2028, about a year later on both, without saying why.

AIDEA board weighs Wrangell shipyard loans and a stake in Augustine geothermal
AIDEA's board weighs lending Wrangell up to $22.8M for a shipyard and buying up to $10M of a company chasing geothermal power on Augustine volcano.

More from Economy & Business
Palmer planners deny downtown BBQ parking variance on two 3-3 ties
Palmer's planning commission split 3-3 and sank the parking variance Bear Naked BBQ needs downtown. The owner has until Wednesday to appeal.

Hilcorp seeks renewal of its oil spill plan for 12 Cook Inlet platforms
Hilcorp wants the state to renew its oil spill plan for 12 Cook Inlet platforms and two Kenai Peninsula fields. Public comments are open through Dec. 1.

Sunday, Nov 1
Contango finishes Johnson Tract access road and builds camp pad a year ahead of plan
Contango finished the Johnson Tract access road and camp pad a year early, ahead of planned 2027 work. The project still faces a beluga whale lawsuit loss and a disputed state reclamation approval.

Assembly weighs using $400,000 in Girdwood reserves for Ruane Road culvert
The Anchorage Assembly votes Wednesday on using $400,000 in Girdwood reserves to match a federal grant. This money funds a $2 million project to replace aging culverts with a fish-friendly design.

State regulators approve APA's takeover of Badami pipelines on the eastern North Slope
State regulators OK'd APA's takeover of the Badami pipelines, part of a $70 million North Slope buy APA expects to support its drilling starting this winter.

Kansas Guard engineers raise Cordova staging pad 18 feet for a future deep-sea port
Kansas Guard engineers raised a work pad 18 feet and cut trails in Cordova this year for a planned deep-sea port, working with the Native Village of Eyak.

Kodiak weighs two plans to rebuild Trident Basin seaplane base around a new dock
A Kodiak floatplane dock shows signs of sinking. The airport board reviews two plans Wednesday to rebuild the Trident Basin seaplane base around a new one.

Anchorage road plan keeps contested Seward Highway and downtown rebuilds
Anchorage's draft road plan keeps a $1.6 billion Seward Highway rebuild and a lane-cutting 5th and 6th redo, counting on federal money above the usual share.

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
Kenai votes Wednesday on claiming gas storage space the state wants to lease to ENSTAR
Kenai's council votes Wednesday on claiming gas storage space partly under its airport. The city lost a 2016 court fight over storage rights elsewhere.

Kodiak Assembly to vote on trash deal raising some business rates up to 43%
Kodiak's only bidder for trash service would charge some businesses up to 43% more and raise bulk pickup from $20 to $50. The Assembly votes Thursday.

Homer planners approve cabins and commercial buildings with stormwater plans required
Homer planners OK'd eight Lake Street cabins and two Ocean Drive buildings, with stormwater plans required. A neighbor says a planned ditch was never built.

Appeals send both Woodland Subdivision short-term rental permits to Kenai City Council
Both Woodland Subdivision short-term rental permits, approved by Kenai planners Oct. 14, face appeals heading to City Council.

Cook Inlet Tribal Council seeks a bigger K'teya center for the same $36.5 million
Cook Inlet Tribal Council restarted its builder search for the K'teya center with a bigger building, the same $36.5 million and more for that money to cover.

Saturday, Oct 31
Northrim still expects its Oregon bank purchase to close around Jan. 1
Northrim told the SEC it still expects to own an Oregon bank around New Year's, its first step outside Alaska. Deal costs ran about $1 million last quarter.

Regulators approve ENSTAR plan to borrow MEA's gas to shore up winter storage
Regulators OK'd ENSTAR borrowing MEA's gas from Hilcorp this winter to top off storage. MEA gets it back by 2028, and gas customers cover the cost.

Regulators cut Manley Hot Springs power surcharge and let utility count its solar
Manley Hot Springs' power surcharge drops about $43 a month for a typical home, and regulators are letting the utility count the solar power it already makes.

Anchorage Assembly weighs just under $300,000 to help price a trash-burning power plant
The Anchorage Assembly may pay its only bidder just under $300,000 to help price a trash-burning power plant, on top of up to $700,000 it approved to design it.

Assembly to weigh a helipad for military helicopters at the Port of Alaska
Anchorage's port could get its own helipad so Army and Air Force helicopters can deploy through it. The Assembly votes Wednesday on a deal worth up to $3.9M.

Windstorm cut power to at least 11,800 Chugach Electric members in Anchorage
Friday's windstorm drove trees into power lines, cutting power to at least 11,800 Chugach Electric members. A few hundred were still out early Saturday.

Seward moves toward transferring Jesse Lee orphanage cemetery to the Qutekcak Native Tribe
Seward takes a first step Tuesday toward transferring the Jesse Lee Cemetery, which holds burials from a former orphanage, to the Qutekcak Native Tribe.

Pogo gold mine seeks to fill 9 more acres of wetlands for rock and equipment storage
Pogo gold mine's owner wants to fill 9 more acres of wetlands near the Goodpaster River to make room for waste rock and equipment. Comments are due Dec. 1.

Kodiak spaceport looks for a site to make liquid oxygen for rockets from the air
Kodiak's spaceport wants to make its own liquid oxygen for rockets, literally out of thin air, and is looking for engineers to find the best spot for the plant.

Whittier council to discuss buying railroad land in closed session Nov. 17
Whittier wants to buy about 85 acres in town from the Alaska Railroad. The council discusses it behind closed doors Nov. 17, and the price hasn't been released.

Anchorage has gone over a year without a traffic safety coordinator, report says
Anchorage's job for leading its push to cut traffic deaths has sat empty for over a year, a draft report says. Planners take it up Thursday.

Anchorage planners seek a new look at why traffic deaths haven't dropped
Anchorage planners want a $250,000 look at why traffic deaths haven't dropped, as people walking or biking make up nearly half of those killed.

Anchorage planners take up a redrawn transportation map as federal deadline nears
Anchorage's transportation planners redrew the map of where they steer federal road money, trailheads and all. The state has to sign off, and Dec. 29 is coming.

Semi and car collide at Parks Highway Mile 186 as a second truck jackknifes
A semi and a car collided Friday night at Mile 186 of the Parks Highway, and a second semi jackknifed avoiding them. All declined medical care, troopers said.

Mental Health Trust OKs old-growth logging above Hollis' historic Wolf Creek Boatworks
The Mental Health Trust approved a timber sale with 800 acres of old growth on the hillside above Prince of Wales' historic Wolf Creek Boatworks.

Alaska Railroad seeks outside IT help, including industrial control system security
The Alaska Railroad wants tech firms on call for eight IT areas, cybersecurity for industrial controls included. Bids due Dec. 9; emailed ones won't count.

Anchorage overlay developers would pay full cost of water and sewer extensions, AWWU says
Anchorage's water utility says Missing Middle builders would pay for new water and sewer lines themselves, and the price can change across a street.

Friday, Oct 30
Planners say Missing Middle overlay fits Anchorage's comprehensive plan
Anchorage planners say the Missing Middle overlay fits the city's comprehensive plan, a plan they also say contradicts itself. The Assembly gets the final word.

Sales Copilot takes first place at Techstars Startup Weekend in Seward
Sales Copilot won Techstars Startup Weekend in Seward, where six teams got about 50 hours to shape an idea, test it on locals and pitch it to judges.
