Eklutna, Inc. has created some of Anchorage’s finest residential developments and has carefully designed attractive neighborhoods that complement their beautiful settings.
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.
Reputable Builders List for Powder View
John Hagmeier Homes
Address: 2204 Cleveland Ave, Anchorage, AK 99517
Midnight Sun Construction
Address: 3400 Hiland Drive Anchorage, AK 99504
PO Box 301 Girdwood, AK 99587
1900 W Northern Lights Blvd, Ste 200 Anchorage, AK 99517
The Thomas Company
PO Box 2128 Palmer, AK 99645
Troy Davis Homes
165 E. Parks Hwy, #204B Wasilla, AK 99654
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.
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.