The Anchorage Community Development Authority recognizes that healthy business districts play an important role in the vitality of Anchorage and understands there are many challenges that businesses can face.
The ACDA Great Streets Façade Loan Program aims to help revitalize business districts, in Muldoon, Downtown and Midtown by providing low-interest loans to improve the appearance of building façades and stimulate private investment.
This private public partnership with Debenham Properties will build the first market rate multi use housing in this neighborhood of downtown in forty years. The project will include 44 units consisting of studios and one bedroom apartments. The project is being constructed at 8th & K on land owned by ACDA.
This private public partnership with a group of local investors is creating a 156 room boutique hotel combined with 32 apartments will be hosted on the current transit center site and will feature a modernized People Mover office.
ACDA completed the Northpointe Bluff Subdivision, creating a vibrant new community on government Hill.
Notice: Both Northpoint Bluff Drive and Northbluff Drive (just northeast of Northpointe Dr.) are part of this project. Northbluff Drive is pictured above.
The development of a retail center on the 25 acres parcel is a key part of the revitalization efforts in the Mountain View neighborhood. ACDA worked with a private developer to integrate local and new businesses, provide new employment opportunities, enhance property values, improve the aesthetics of the area and create positive, sustainable economic growth.