Land offered for logistics

City land is being offered for sale near the Ted Stevens Anchorage International Airport with the hope that the parcel will be developed into an aviation-related global logistics center or industrial park.

The 9.3-acre parcel, valued at $1.65 million, is south of International Airport Road, between Minnesota Boulevard and Minnesota Drive, near the Chugach Electric Association headquarters.

It is the nearest undeveloped and available parcel of its size close to the airport, according to George Cannelos, director of the city’s real estate department.

Cannelos said investors have been interested in building aviation-related facilities near Anchorage International, but they’ve been unable to find an appropriate piece of land.

"They want to take advantage of Alaska’s strategic position, but there is a lack of available land for development,’’ Cannelos said.

The city began advertising the land in early January and will take bids until Feb. 1.

All proposals must be for the development of an aviation-related industrial park, or what the city is calling a global logistics center. The facility should have at least 80,000 square feet of warehouse or light-manufacturing space, according to the city’s request for proposals.

Ideally, the facility will somehow incorporate Port of Anchorage and Alaska Railroad Corp. operations, the city’s advertisement said.

Proposals will be graded by a committee of city officials and business leaders, Cannelos said. Points will be awarded based on a company’s experience, financial capability, and development and marketing plans, Cannelos said.

A $500,000 performance bond will be required to ensure the land is developed for its intended purpose, Cannelos said.

01/21/2002 - 8:00pm