Another strong gain in homebuilding pushed U.S. construction spending up for a third straight month in June.
New facilities are still being built for the North Slope. The latest trend is in camps and camp expansions for contractors and service companies who are now hard-pressed for “bed space” for their workers.
Eklutna Inc. is hoping to move into its new headquarters in Eagle River in the next two years.
Prices are lower and homes stay listed longer, but the major Alaska real estate markets are still performing well compared to the rest of the nation.
WASHINGTON (AP) — A surge in homebuilding pushed U.S. construction spending up by the largest amount in five months, the latest indication that the housing sector is slowly recovering.
Home-building is recovering, albeit slightly, after a downward turn following the 2008 economic crisis.
After more than a decade of planning, the Cook Inlet Region Inc. wind project for Fire Island is close to powering up.
The Alaska Energy Authority is standing by the $4.5 billion estimated price tag for the Susitna-Watana hydroelectric project, but also contracting for a review of the Level 4 engineering estimate and creating a permanent “board of consultants” of five experts to monitor the megaproject through conclusion.
A quickly eroding Native village in western Alaska has hit a snag in its plans to relocate after a U.S. Army Reserve landing craft carrying tons of construction equipment and supplies for the effort ran aground hundreds of miles away.
Construction workers removed their helmets and looked on teary-eyed as the final steel beam of 4 World Trade Center was lifted into place Monday, the first such milestone since the 16-acre site was decimated on 9/11.