First Private Public Partnership Breaks Ground in Downtown Anchorage

Mayor's Office

3/24/2022

Anchorage, AK ­– Mayor Dave Bronson, today participated in a groundbreaking ceremony at the construction site of the Block 96 project located on the corner of 8th & K Street in downtown Anchorage

Debenham Properties will begin construction this Spring. Block 96 is an $11.6 million project that will provide market rate apartment units with structured parking.

The project is expected to create sixty construction jobs and two full-time positions when it is completed.

“Projects like this demonstrate the strong support my Administration has for development, especially in downtown. Bringing more housing to the center of our city is crucial to attracting and retaining a talented workforce in Anchorage," said Mayor Bronson. “The Block 96 development is one piece in a larger framework of projects we are helping the private sector advance throughout our great city."

​“Our first P3 project breaking ground is a testament that the Municipality of Anchorage supports development projects city-wide," said Mike Robbins, Executive Director for ACDA. “This and other projects like it sends a message to the development community that if you want to develop, Anchorage wants you to do it here."

Debenham Properties submitted a construction plan on March 18, 2022, to the Municipality of Anchorage's Development Services Department to begin the process of getting permits in place.

Founded in 1984, ACDA is a public corporate authority for the Municipality of Anchorage. ACDA facilitates community and economic development opportunities and public parking for a safe and vibrant community.

Media Contact:

Melinda Gant, Director of Community Development & External Affairs, MGant@acda.net  907-297-4417

Corey Allen Young, Communications Director, Mayor's Office, corey.young@anchorageak.gov, 907-229-4150

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