Anchorage, AK -- Ted Stevens Anchorage International Airport is investing $85 million this summer to support future growth.
The projects scheduled include the north-south runway project and a new airline gate. The investment will create high-paying construction jobs and generate economic activity for the state.
“Governor Michael J. Dunleavy’s message, that Alaska is open for business, resonates with the airport, and we are making the investments necessary to grow existing business and attract new business,” stated Airport Manager, Jim Szczesniak. “We are also excited that one of our main tenants, FedEx Express, is making a significant investment for the future in their ANC operation.”
The airport will invest $8.4 million in terminal infrastructure and security upgrades to accommodate a future growth in peak passenger times and enhance airport security.
This summer, the north-south runway will be completed. This project is estimated to cost $63 million.
The FedEx Express facility will receive an upgrade. The Anchorage Hub is one of the laargest facilities in the company’s system, with more than 500,000 square feet of indoor space, several acres of aircraft ramps and a full-service hangar complex. Across Alaska, FedEx Express employs more than 1,350 people.
The FedEx Express project is being funded by FedEx Express. No state general funds are being used.