Residential Development

Eklutna, Inc. has created some of Anchorage’s finest residential developments and has carefully designed attractive neighborhoods that complement their beautiful settings.

Residential Development

Current Projects

POWDER RESERVE TRACT 40A

This development is adjacent to Powder Ridge and located in Eagle River next to the North Eagle River Exit. This exit is visible from the Glenn Highway, and according to the Department of Transportation and Public Facilities (DOT/PF), the number of vehicles and passengers that pass through this corridor each day ranges from 34,000 to 44,000, with increased traffic during the summer due to tourism and outdoor activities.

The Corporation designed the development to have approximately 1,560 single-family homes with a new school site and a 6.5-acre commercial/retail development within the master plan. this planned community is designed for different density types and various price ranges. More than 100 acres are set aside for greenbelts and trails.

In late 2010, the Anchorage School District (ASD) purchased approximately 15 acres within the Powder reserve development for a new elementary school expansion in Eagle River. The location of this site is strategic for ASD and the community, creating a key attraction for the Corporation’s new development.

POWDER VIEW AT POWDER RESERVE

Plans for the first phase of Powder reserve have been prepared and the MOA planning & Zoning has issued a preliminary plat approval for the development. Powder View at Powder Reserve is approximately 15 acres located directly north of Powder Ridge across Eklutna Park Drive; and includes 36-70 foot wide residential lots. Construction of the development began in the Spring of 2014 adding approximately 100 lots for the 2015-2016 Season.

Construction of the development began in the Spring of 2014 adding approximately 36 lots in the 2015-2016 Season.

Reputable Builders List for Powder View

John Hagmeier Homes
Phone: 907-248-6789
Address: 2204 Cleveland Ave, Anchorage, AK 99517
www.hagmeierhomes.com

Midnight Sun Construction
Phone: 907-727-1433
Address: 3400 Hiland Drive Anchorage, AK 99504

Nolan Homes
Phone: 907.344.5850
PO Box 301 Girdwood, AK 99587

Spinell Homes
Phone: 907.344.5678
1900 W Northern Lights Blvd, Ste 200 Anchorage, AK 99517
www.spinellhomes.com

The Thomas Company
Phone: 907.746.0682
PO Box 2128 Palmer, AK 99645

Troy Davis Homes
Phone: 907.357.9394
165 E. Parks Hwy, #204B Wasilla, AK 99654
www.troydavishomes.net

DENALY ESTATES II

The Corporation has a second phase of Denaly II in preliminary design stage. This high end, large lot, residential development will provide 22 residential lots to the market when completed. Homes in this development are typically over the $1 million price range. This project was put on hold until the market rebounds to the 2005 levels of sales. This development is also available to other developers who may be looking for land for their next project.

Completed Projects

DENALY ESTATES

Nestled into one of the most beautiful bends of the Eagle River Valley, Denaly Estates is becoming one of the areas most prestigious developments. Sensational views and value enhancing covenants are attracting some of the areas top builders and buyers.

EAGLE RIDGE

POWDER RIDGE

Today, Powder Ridge consists of approximately 400 single-family homes built in a phased approach initiated in 2002. The prime location of Eklutna, Inc.‘s vast real estate holdings has provided many premier development opportunities. Powder Ridge residential development in North Eagle River is the flag ship of the Corporation’s developments.

In fall 2012, Eklutna, Inc. completed Powder Ridge Phases 7 & 4B, the final phases of the Powder Ridge project. The Corporation developed these phases by using its construction subsidiary, Eklutna Services, LLC (ESL), to manage the development. These new phases created the final 55 lots of this development.

THUNDERBIRD HEIGHTS

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