Inside Alaska Business

Northrim Bank

Northrim Bank announced the opening of its newest branch, the Eastside Community Branch, located at 7905 Creekside Center Drive.

The new location updates Northrim’s “branch of the future” blueprint used in the design of its Lake Otis Community Branch, opened in 2015, with a focus on customer interaction in a more efficient footprint. The streamlined design continues the bank’s focus on personalized service.

Goodwill Industries

Goodwill Industries of Alaska opened a new retail store at 8931 Old Seward Highway in Anchorage.

The store opening means that Goodwill Industries, an organization in existence since 1902, now has a second retail presence in the state. The store is stocked with clothing, books, shoes, housewares, and more.

Chugach | MOA

The Municipality of Anchorage (MOA) released the proposed term sheet related to Chugach Electric’s acquisition of Municipal Light & Power (ML&P) at a work session with the Anchorage Assembly. The term sheet is part of the previously agreed to timeline and process.

The term sheet outlines the basic terms of the sale and is subject to further due diligence and negotiations by the parties. It forms the basis for the Asset Purchase Agreement, which is currently being negotiated and will serve as the final binding agreement between the parties.


The Division of Geological & Geophysical Surveys and Alaska Seismic Hazards Safety Commission published a report summarizing the current state of knowledge of active faults throughout Alaska.

This is the first report of its kind for the state. It was spearheaded by the Alaska Seismic Hazards Safety Commission, which recognized the growing need for a comprehensive, one-stop information resource summarizing the known sources of seismic hazards in Alaska.

Active Faults and Seismic Hazards in Alaska is available for free download on the division’s website and the commission’s website.


A new $20 million National Science Foundation grant will support interdisciplinary climate research throughout the state of Alaska.

The award will support “Fire and Ice: Navigating Variability in Boreal Wildfire Regimes and Subarctic Coastal Ecosystems,” a five-year research project by the Alaska Established Program to Stimulate Competitive Research, also known as EPSCoR, which is administered by the University of Alaska Fairbanks.

Fire and Ice researchers will use remote sensing, fieldwork, lab experiments, and modeling to study two Alaska regions undergoing climate-driven changes: the boreal forest, where wildfire patterns are changing, and the Gulf of Alaska, where changing physical and chemical conditions are affecting nearshore marine ecosystems and organisms.


GCI is wrapping up a two-year, $6.3 million LTE wireless expansion project on the Kenai Peninsula. The project involves more than thirty GCI technicians and engineers; upgrades at forty-three sites throughout the Peninsula; and the construction of two new towers.

Though the areas served by this project target some of the state’s busiest stretches of highway, delivering connectivity still requires going off the beaten path, including two towers near Summit Lake and Cooper Mountain that are not accessible by road.


ConocoPhillips Alaska announced that the Greater Mooses Tooth #1 (GMT1) in NPR-A has achieved first oil production ahead of schedule on October 5. GMT1 is a satellite development of the Alpine field and is connected by road to drill site CD5. Oil from GMT1 is processed through Alpine’s existing facilities.


Effective November 1, RIM Design and RIM First People merged their service lines and rebranded themselves as SALT. The new leadership structure of SALT includes Michael Fredericks, who will serve as SALT’s president; Natasha Schmidt, who will serve as the principal of operations; and Megan Lierman and Kelsey Davidson, who will serve as principal designers. Barbara Cash, RIM Design’s founder, will serve as SALT’s founder and business advisor.

The company will continue to provide interior planning and design services, as well as transformational stakeholder engagement and facilitation.

Mountain View Urgent Care

Mountain View Urgent Care is now open and welcoming new patients. Located in the Mountain View neighborhood, this Anchorage health center offers care to those insured through Medicaid and Medicare as well as private health insurance; discount and affordable payment plans are also offered.


Lynden has enhanced its customer offerings in the Hawaiian Islands and Guam by adding less-than-container load (LCL) ocean service between Los Angeles and Guam and LCL barge service between Seattle and Honolulu via Aloha Marine Lines. With this added service, Lynden continues to offer a full menu of capabilities including EZ Commerce, multimodal shipping options, Dynamic Routing, time-specific deliveries, and warehousing.

Baxter Senior Living

Baxter Senior Living broke ground on a new construction project at 4308 Baxter Road in September. The facility will feature views of the Chugach Range and Bicentennial Park, a rooftop deck and elevated walkway, one- or two-bedroom private apartments, and a multitude of onsite amenities including dining, a wine bar, gardens, a movie theater, and a gym.