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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, Oct 30

Federal agency seeks bids to replace a Far North Bicentennial Park trail bridge

The feds want bids by Dec. 1 to replace the North Gasline Trail bridge over Campbell Creek in Far North Bicentennial Park and add wetland boardwalks.

Alaska Newsby Alaska News1w ago1 min read
Cover image for article: Federal agency seeks bids to replace a Far North Bicentennial Park trail bridge

Defense Department official who toured JBER dorms says poor housing drains readiness

A top Defense Department official says moldy, leaky base housing hurts readiness. The department illustrated his speech with a photo from his JBER dorm tour.

Melinda Communities.Newsby Melinda Communities.News1w ago2 min read
Joint Base Elmendorf-Richardson, Alaska
Cover image for article: Defense Department official who toured JBER dorms says poor housing drains readiness

Coast Guard's top enlisted leader tells Congress he's unfamiliar with any housing bonus plan

Asked about a housing bonus for Coast Guard members in pricey posts like Sitka, the service's top enlisted member told Congress he hadn't heard of one.

Alaska Newsby Alaska News1w ago2 min readFrom
Washington, D.C.
Cover image for article: Coast Guard's top enlisted leader tells Congress he's unfamiliar with any housing bonus plan

Volland proposes a task force to streamline Anchorage permitting

Volland wants a task force of builders and others to streamline permitting. A builder says one permit took 9 months; some neighborhood groups want more review.

Walter AlaskaNewsby Walter AlaskaNews1w ago3 min read
Cover image for article: Volland proposes a task force to streamline Anchorage permitting

East Anchorage Assembly member proposes free People Mover rides for enrolled students 18 and older

An East Anchorage Assembly member wants students who've turned 18 to keep riding People Mover free. Fares covered about a tenth of bus costs in 2024.

Walter AlaskaNewsby Walter AlaskaNews1w ago2 min read
Cover image for article: East Anchorage Assembly member proposes free People Mover rides for enrolled students 18 and older

Anchorage Assembly leaders propose keeping multifamily design rules on hold through 2035

Anchorage Assembly leaders want to keep design rules for new apartments and townhouses on hold through 2035, more than seven years past the current end date.

Walter AlaskaNewsby Walter AlaskaNews1w ago2 min read
Cover image for article: Anchorage Assembly leaders propose keeping multifamily design rules on hold through 2035

Anchorage water utility pulls a well after PFAS tests exceed a proposed standard

AWWU pulled an Anchorage Bowl well after tests found "forever chemicals" above a proposed standard. Most city water comes from Eklutna, where tests found none.

Walter AlaskaNewsby Walter AlaskaNews1w ago1 min read
Cover image for article: Anchorage water utility pulls a well after PFAS tests exceed a proposed standard

Coast Guard orders $113.7 million water line replacement at Base Kodiak

The Coast Guard ordered $113.7 million in work to replace water lines at Base Kodiak, whose aging system supplies all its drinking and firefighting water.

Melinda Communities.Newsby Melinda Communities.News1w ago2 min read
Cover image for article: Coast Guard orders $113.7 million water line replacement at Base Kodiak

More from Economy & Business

Kodiak man dies after Cessna 185 crashes and sinks in Afognak Island's Blue Fox Bay

Troopers named James Osowski, 33, of Kodiak as the man killed when a Cessna 185 crashed and sank in Blue Fox Bay on Afognak Island Oct. 20. Two others got out.

Bill AlaskaNewsby Bill AlaskaNews1w ago2 min read
Blue Fox Bay, Afognak Island, Alaska
Cover image for article: Kodiak man dies after Cessna 185 crashes and sinks in Afognak Island's Blue Fox Bay

Anchorage optimistic about new contract for bus operators and garbage crews

City Hall says it's optimistic about a new contract for Anchorage's bus operators and garbage crews. The old one runs out Dec. 31. What's on the table? Unsaid.

Walter AlaskaNewsby Walter AlaskaNews1w ago2 min read
Cover image for article: Anchorage optimistic about new contract for bus operators and garbage crews

Anchorage-based Koniag company does cybersecurity work for nuclear weapons agency

A Koniag company in Anchorage does cybersecurity work for the agency that maintains America's nuclear weapons. The feds just added another $4.7 million.

Melinda Communities.Newsby Melinda Communities.News1w ago2 min read
Cover image for article: Anchorage-based Koniag company does cybersecurity work for nuclear weapons agency

State plans $5.2 million roundabout at Sheep Creek Road and West Tanana Drive near UAF

Fairbanks drivers who stop to turn left off Sheep Creek Road near UAF could get a roundabout instead. The state's $5.2 million plan is open for comment.

Walter AlaskaNewsby Walter AlaskaNews1w ago2 min read
Cover image for article: State plans $5.2 million roundabout at Sheep Creek Road and West Tanana Drive near UAF

Sitka planning staff recommend denying courthouse move to Sheldon Jackson campus

Sitka planning staff recommend denying the court system's plan to move the courthouse beside a playground and youth camp. The state already funded the purchase.

Walter AlaskaNewsby Walter AlaskaNews1w ago3 min readFrom
Cover image for article: Sitka planning staff recommend denying courthouse move to Sheldon Jackson campus

Few Alaska households just above the poverty line got SNAP in 2024, United Way report says

Only 18% of Alaska households that earn too much to count as poor but too little to cover the basics got SNAP in 2024, a United Way report says.

Walter AlaskaNewsby Walter AlaskaNews1w ago2 min read
Cover image for article: Few Alaska households just above the poverty line got SNAP in 2024, United Way report says

State approves 25-year renewal of College Road lease, with rent to reset to market value

The state approved renewing the 1971 lease under the Alaska Fun Center on College Road for 25 years. The rent, about $4,000 a year, will reset to market value.

Maggie AlaskaNewsby Maggie AlaskaNews1w ago2 min read
Cover image for article: State approves 25-year renewal of College Road lease, with rent to reset to market value

Kenai attorney says city owns underground space the state wants to lease for gas storage

Kenai's city attorney says the city owns the underground space the state wants to lease to ENSTAR for gas storage, and that ignoring that could delay it.

Walter AlaskaNewsby Walter AlaskaNews1w ago2 min read
Cover image for article: Kenai attorney says city owns underground space the state wants to lease for gas storage

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

Richardson Highway ramp to Mitchell Expressway closes Sunday morning in Fairbanks

DOT will fully close the Richardson Highway ramp to the Mitchell Expressway in Fairbanks Sunday, Nov. 1, 10 am to 1 pm. The corridor carries up to 21,800 vehicles a day.

Walter AlaskaNewsby Walter AlaskaNews2w ago1 min read
Cover image for article: Richardson Highway ramp to Mitchell Expressway closes Sunday morning in Fairbanks

Multiple crashes in Turnagain Pass slow Seward Highway traffic Friday

Several crashes and poor road conditions in Turnagain Pass on the Seward Highway brought emergency crews and delays Friday afternoon, Alaska 511 said.

Walter AlaskaNewsby Walter AlaskaNews2w ago1 min read
Cover image for article: Multiple crashes in Turnagain Pass slow Seward Highway traffic Friday

Scammers stage fake hearings to take money from Spanish-speaking workers, state warns

Scammers posing as lawyers are staging fake hearings with fake judges to squeeze "court fees" from Spanish-speaking workers, Alaska's labor department warns.

Walter AlaskaNewsby Walter AlaskaNews2w ago1 min read
Cover image for article: Scammers stage fake hearings to take money from Spanish-speaking workers, state warns

Planners back rezone that would let two Anchorage homes be replaced with duplexes

Planners back letting two Ivan Drive homes become duplexes. Current zoning bars duplexes on lots that small, the owners say. The commission weighs in Monday.

Walter AlaskaNewsby Walter AlaskaNews2w ago2 min read
Cover image for article: Planners back rezone that would let two Anchorage homes be replaced with duplexes

Alaska oil nears its highest price since 2008, far above what the state budgeted

Alaska built its budget on $75 oil. North Slope crude hit $129.71 Wednesday, and if prices stay high the state could take in about $1.7 billion extra.

Alaska Newsby Alaska News2w ago3 min read
Cover image for article: Alaska oil nears its highest price since 2008, far above what the state budgeted

State proposes 320-acre Dalton Highway gravel site near the Ambler road's start

The state wants to open a 320-acre gravel site at Dalton Highway Milepost 165, about four miles from where the Ambler road would start. DOT gets the first load.

Maggie AlaskaNewsby Maggie AlaskaNews2w ago2 min read
Interior Alaska
Cover image for article: State proposes 320-acre Dalton Highway gravel site near the Ambler road's start

Thursday, Oct 29

Contractor barged in whole plants to repair King Salmon's military airfield

No road to King Salmon, so a North Pole contractor barged in its own asphalt, concrete and rock-crushing plants to repair the military side of the airport.

Bill AlaskaNewsby Bill AlaskaNews2w ago2 min read
Cover image for article: Contractor barged in whole plants to repair King Salmon's military airfield

Alaska's state farmland auction draws 55 bids on 19 parcels

Bidders offered $1.17 million for 17 state farm parcels near Nenana and Anchor Point. Now they have five years to make half the cropland farmable, or no title.

Maggie AlaskaNewsby Maggie AlaskaNews2w ago2 min read
Nenana and Anchor Point, Alaska
Cover image for article: Alaska's state farmland auction draws 55 bids on 19 parcels

Forest Service gives shipyards another week to bid on its Tongass floating barracks

The Forest Service gave shipyards until Nov. 6 to bid on hauling out and repainting the Misty, a 1979 floating barracks. It needs hull work every five years.

Melinda Communities.Newsby Melinda Communities.News2w ago2 min read
Cover image for article: Forest Service gives shipyards another week to bid on its Tongass floating barracks

Regulators let Alaska Power Company waive reconnection charges after natural disasters

Regulators approved letting Alaska Power Company waive reconnection fees and months of back charges for customers whose power a natural disaster knocked out.

Walter AlaskaNewsby Walter AlaskaNews2w ago1 min read
Cover image for article: Regulators let Alaska Power Company waive reconnection charges after natural disasters

Kodiak wins $26 million for St. Herman Harbor but is still $45 million short

Kodiak won about $26 million to rebuild part of St. Herman Harbor, where 1982 floats are failing. It's still about $45 million short of a new harbor.

Walter AlaskaNewsby Walter AlaskaNews2w ago3 min read
Cover image for article: Kodiak wins $26 million for St. Herman Harbor but is still $45 million short

Kodiak's new trash contract would raise business dumpster rates up to 43%

Kodiak businesses could pay up to 43% more for dumpsters under a new Alaska Waste contract, while home roll carts would rise 5%. The Assembly votes Nov. 5.

Walter AlaskaNewsby Walter AlaskaNews2w ago3 min read
Cover image for article: Kodiak's new trash contract would raise business dumpster rates up to 43%

Juneau manager seeks Tlingit & Haida partnership to house Coast Guard crews

Juneau's city manager says the icebreaker Storis won't make Juneau home without housing. She wants to team up with Tlingit & Haida to open land at Kowee Creek.

Walter AlaskaNewsby Walter AlaskaNews2w ago2 min read
Cover image for article: Juneau manager seeks Tlingit & Haida partnership to house Coast Guard crews

Juneau Assembly to weigh how it will pick a developer for Telephone Hill housing

Juneau is about to go shopping for a developer to put up to 155 homes on Telephone Hill. The Assembly gets one shot Monday at changing how it picks.

Walter AlaskaNewsby Walter AlaskaNews2w ago2 min read
Cover image for article: Juneau Assembly to weigh how it will pick a developer for Telephone Hill housing

Cordova budget leaves water crew a worker short as it plans a Heney line rebuild

Cordova's water crew hiked in again and again to find at least five breaks in the Heney line. Next year's budget leaves it a worker short for a bigger fix.

Walter AlaskaNewsby Walter AlaskaNews2w ago3 min read
Cover image for article: Cordova budget leaves water crew a worker short as it plans a Heney line rebuild

Juneau assessor trims contested Glacier Highway value but says it appears undervalued

Juneau's assessor trimmed a Glacier Highway property's value by $217,500 after seeing its rent roll, but says the property still appears undervalued.

Walter AlaskaNewsby Walter AlaskaNews2w ago2 min read
Cover image for article: Juneau assessor trims contested Glacier Highway value but says it appears undervalued

Fairbanks planning staff back data center pause and urge a 40,000-square-foot threshold

Fairbanks borough planners back the mayor's pause on big data centers and want it to reach smaller ones, starting at 40,000 square feet instead of 50,000.

Walter AlaskaNewsby Walter AlaskaNews2w ago2 min read
Cover image for article: Fairbanks planning staff back data center pause and urge a 40,000-square-foot threshold

North Pole needs $3.5 million to move its sewage outfall before daily fines start

After 13 or 14 years of back-and-forth with the state, North Pole must find $3.5 million to move its sewage outfall in about 3.5 years or face daily fines.

Maggie AlaskaNewsby Maggie AlaskaNews2w ago2 min read
Cover image for article: North Pole needs $3.5 million to move its sewage outfall before daily fines start

Haines Assembly will start weighing two bids to run its cruise dock Nov. 17

Two companies want to run Haines' cruise dock for up to 35 years. The Assembly will start comparing them Nov. 17 but has no date to pick one, if either.

Walter AlaskaNewsby Walter AlaskaNews2w ago2 min read
Cover image for article: Haines Assembly will start weighing two bids to run its cruise dock Nov. 17

State approves APA's plan for two winter exploration wells near Badami

The state approved APA's plan for two winter exploration wells near Badami, reached by 58 miles of ice road. APA has also agreed to buy Badami's operator.

Walter AlaskaNewsby Walter AlaskaNews2w ago2 min read
Cover image for article: State approves APA's plan for two winter exploration wells near Badami

Anchorage homes can now be framed with lumber graded at Alaska sawmills

Anchorage builders can now frame homes with Alaska wood graded by the sawmill that cut it, an alternative to stamped lumber from Canada and the Northwest.

Walter AlaskaNewsby Walter AlaskaNews2w ago2 min read
Cover image for article: Anchorage homes can now be framed with lumber graded at Alaska sawmills

Kenai parks commission to weigh dropping park status from Ahlstrom Park lot

Kenai wants to drop the park label from a 2.32-acre lot to help redraw a 1955 subdivision with largely unbuilt roads for homes. Parks panel weighs in Nov. 5.

Walter AlaskaNewsby Walter AlaskaNews2w ago2 min read
Cover image for article: Kenai parks commission to weigh dropping park status from Ahlstrom Park lot

State plans to sell DOT 50,000 cubic yards of rock from a Lowe River quarry

DOT wants 50,000 cubic yards of rock from a Lowe River quarry near Keystone Canyon. When it opened for Alyeska in 1983, some rocks came out 10 feet across.

Alaska Newsby Alaska News2w ago2 min read
Lowe River, Richardson Highway near Valdez, Alaska
Cover image for article: State plans to sell DOT 50,000 cubic yards of rock from a Lowe River quarry

State to show Kodiak residents options for replacing two cracked bridges

Two cracked bridges are the only road link between Kodiak and a neighborhood of about 800 beyond Womens Bay. The state shows replacement options Nov. 18.

Walter AlaskaNewsby Walter AlaskaNews2w ago2 min read
Cover image for article: State to show Kodiak residents options for replacing two cracked bridges