This week in Alaska Business History

PHOTO/Rob Stapleton/AJOC
Editor’s note: "This Week in Alaska Business History" revisits events that shaped our past.

"Those who cannot

remember the past are

condemned to repeat it."

-- George Santayana, 1863-1952

20 years ago this week

Anchorage Times

March 6, 1981

Point MacKenzie land lottery gets go-ahead

Times staff and The Associated Press

An Anchorage Superior Court judge cleared the way for a lottery of 15,000 acres of farm land at Point MacKenzie, less than 24 hours before the first name was to be drawn.

Farmers, loggers and the Sierra Club had asked the judge to delay the drawing, set for 2 p.m. today at the Palmer High School gym.

But the state’s court victory Thursday may be hollow. Judge Karl Johnstone ordered that "nothing is going to happen to that land -- absolutely nothing" until he hears the case again on March 18. At that time he could declare the lottery invalid.

That means the sale can take place but winners of the lottery can do nothing with their land until after the hearing.

Anchorage Times

March 10, 1981

Mall proposed to link downtown offices, shops

By Lyn Whitley

Times Writer

City and state officials are considering a plan to tie new commercial and government buildings to a Fourth Avenue mall to revitalize the downtown core.

Bill Pargeter, chairman of the Anchorage Development Corp., said Monday the mall could include government and business offices, retail stores and Project 80s cultural facilities.

The Anchorage Development Corp. is a nonprofit group organized last year by local businessmen to revitalize the downtown area.

One building block in the mall plan could be the proposed state office building, which state Commissioner of Administration Bill Hudson said probably would be downtown.

Next week Pargeter and Hudson will review possible sites for the 200,000-square-foot building.

10 years ago this week

Alaska Journal of Commerce

March 4, 1991

Mat-Su port backers see interest

By Margaret Bauman

Alaska Journal of Commerce

A plan to build a new port at Point MacKenzie, across Cook Inlet from the Port of Anchorage, is generating new interest in the business community, says Matanuska-Susitna Port Director Gary Daily.

The new port would be an export facility for natural resources, providing a door for Interior Alaska to begin exporting.

"We have letters of interest and specific talks going on with business people," said Daily, who has been working since early January on re-establishing the credibility of the borough project.

Alaska Journal of Commerce

March 4, 1991

U.S. firms move in to bottom fishery

By Tim Honan and Steve Minor

Alaska Journal of Commerce

Since the beginning of the current "bottomfish boom" most of the focus has been on the Americanization and Alaskanization of the fleet, and the tremendous growth in processing capacity among factory trawlers and the large shorebased operations. Because this is a remote fishery, the enormous capacity to process fish has been accompanied by rapid growth in the transportation industry and unprecedented economic opportunity throughout Alaska.

... The most profound effect of the Americanization of the fleet has occurred in Dutch Harbor. In 1989, more than 500 million pounds of processed fish crossed the docks of Dutch Harbor. Nearly 120 million gallons of fuel were dispensed to the fleet. It’s a massive undertaking for a community whose resident population numbers barely 2,000 people.

-- Compiled by Ed Bennett.

03/03/2001 - 8:00pm