The Petroleum and Cement Terminal phase of that Port of Alaska Modernization Project was completed in 2022. The next major phase will be to rebuild the cargo terminals further down the waterfront.
Anchorage officials took two big steps forward Tuesday toward rebuilding the aging and vulnerable cargo lifeline almost the entire state relies on. Most of the state’s incoming freight, fuel and consumer goods flow through the city-owned Port of Alaska, built in 1961. Corrosion and age areTuesday, the Anchorage Assembly voted 11-0 to approve key design decisions about what two rebuilt cargo terminals will look like, and new user fees that they intend to leverage for big state and federal grants to pay for it. The port facilities are being designed to last 75 years and to stand up to earthquakes.
Assembly Chair Chris Constant called modernizing the port a generational project, and highlighted Tuesday’s action as a key point in breaking the logjam.