Anchorage Advances Two Land Swaps Tied to Housing Development

Anchorage, AK, October 14, 2026 —

The Municipality of Anchorage has advanced two land deals intended to support housing development, including an exchange involving a former Midtown track and a separate transaction tied to a school district-owned parcel in southwest Anchorage.

Under the first deal, the municipality would trade the former Tozier Track in Midtown for a parking lot in downtown Anchorage owned by the state. The available information does not specify the value of either property, the terms of the exchange or the proposed use of the parking lot.

The second deal concerns a large parcel in southwest Anchorage that was previously acquired by the Anchorage School District. The transaction is intended to facilitate the parcel’s sale for residential development, with the proceeds benefiting the school district. The parcel’s size, expected sale price and development details were not provided.

The two transactions are separate, but both are described as part of efforts to increase housing development. The information available does not identify when either deal was advanced, what approvals remain, or when a sale or exchange might be completed. It also does not state how many homes could result from the residential development or provide further details about the school district’s use of any proceeds.

For now, the reported details establish the properties involved and the stated housing-related purpose of the deals, but do not provide a timeline or financial terms for either transaction.

Story summarized from the original created by Zachariah Hughes on www.adn.com, see more information here.

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