Anchorage Mayor Dave Bronson on Wednesday announced the creation of a new committee to help guide the city’s economic recovery.
Anchorage’s economy has been in recession since about 2016, coinciding with the drop in the price of oil. The city was just beginning to emerge from recession when the pandemic hit. Bronson said his new Anchorage Economic Revitalization and Diversification Advisory Committee is tasked with getting the city’s economy back on track.
“The goal here is to create a city, not to sound cliché, where our kids want to live, work and play,” Bronson said at a city hall press conference. “Where they want to come back after school and where they want to live here, and we have to create that environment where they can do it, where they want to do it.”
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Bronson said he was excited about the construction of several new buildings downtown. But he did not provide details on the plans.
“There are four major developments downtown that are taking place with private investment of nearly $ 400 million in ready-to-go projects,” he said. “We expect to see buildings in the next 12 to 36 months. ”
The committee is made up of 12 members representing various business interests around Anchorage. They are all volunteers. Mike Robbins, executive director of the Anchorage Community Development Authority, will chair the committee. Robbins also ran for mayor earlier this year against Bronson.
The committee will hold its first meeting this week and is expected to provide a report to the mayor’s office with recommendations by January.
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