By: PRLog
December 18, 2012 at 19:34 PM EST
Two ACDA Properties Sold in Mountain View
PR Log - Dec 18, 2012 - Anchorage Community Development Authority recently sold a parcel on the corner of Mt. View Drive and Klevin Street to the Anchorage Community Land Trust (ACLT). This property, known as the Hamburger House property, was purchased in 2007 by ACDA and a deteriorated building was removed as part of a clean-up effort along Mt. View Drive. ACLT will hold the property for future development that will enhance the commercial activities along Mt. View Drive.

On September 7, 2012, ACDA closed the sale of another parcel containing two lots in Mountain View. Alaska Housing Finance Corporation (AHFC) purchased the properties and plans to build up to 80 units of rental housing for Anchorage families and seniors. The Wihour Trust property, adjacent to the Glenn Square Shopping Center, was purchased by ACDA in July 2006 as part of the clean-up efforts along Mt. View Drive. ACDA demolished two small warehouse buildings and cleaned up contamination on the property. ACDA recevied Frag Lot 14A Mountain View Development Subdivision as part of the development of the Glenn Square Shopping Center in 2006. Together these parcels comprised approximately 6.6 acres of B3 zones property.

"Our hope in purchasing and cleaning up these properties was that new development would follow and enchance the Mountain View community," said Executive Director, Ron Pollock. "We are pleased to see that this is occurring."


Founded in 1984, the Anchorage Community Development Authority (ACDA) is a public corporate authority for the Municipality of Anchorage. ACDA's development mission is to be a conduit for responsible development for the Muncipality of Anchorage.

Read Full Story - Two ACDA Properties Sold in Mountain View | More news from this source

Press release distribution by PRLog

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here