NorthLink Aviation’s new airport terminal will include 130,000 square feet of warehouse and office space and fifteen hardstands for airplane parking.
A ten-year tax break the Anchorage Assembly approved May 6 is key to making NorthLink Aviation’s new air cargo facility project viable, even as tariffs and changes to regulations around ecommerce imports create uncertainty in the air cargo market. Construction of the facility at Ted Stevens Anchorage International Airport (ANC) is expected to begin this year and wrap up in 2027.
Tax Break on Buildings
The tax break applies specifically to buildings NorthLink is adding to ANC’s South Campus. The land will remain taxable.
“The ten-year property tax abatement is very important for a company like NorthLink because the abatement makes our project viable,” says CEO Sean Dolan. “The property tax abatement is one of several key gating items for NorthLink.”…