By: Elwood Brehmer
Alaska Journal of Commerce
Anchorage port customers on March 15 affirmed the possibility that self-funding a rebuild of the critical but badly corroded infrastructure they use might drive ultimately business away from the port and Anchorage in general.
Municipal and port officials are once again in the midst of an analysis to determine exactly is needed how to pay for it at what is arguably Alaska’s most critical piece of infrastructure.
The ongoing Anchorage Port Modernization Program would mostly replace the existing docks with a few additions. While scaled back from the failed port expansion project of the late 2000s, the current work is expected to cost upwards of $1.9 billion to complete, according to the project management firm CH2M, which was recently purchased by Jacobs Engineering Group.