In accordance with 17 AAC 42.400 (a) – The following should be published: March 26, 2026 through April 25, 2026 (30 days) in the Alaska Online Public Notice System.

NOTICE OF APPLICATION FOR SUCCESSIVE LEASE: The State of Alaska, Department of Transportation and Public Facilities (DOT&PF), Ted Stevens Anchorage International Airport (Airport) proposes to execute a Successive Land Lease under Lease ADA-32686, as follows:  

LESSEE: FLOAT Alaska Real Estate. 

PREMISES: Block 3, Lot 12 and Block 6, Lot 5A, consisting of an approximate combined total 256,570 square feet.

LEASE TERM: 33 years, beginning April 26, 2026, and ending April 25, 2059. 

UPCOMING LEASE RENTAL RATE: The annual rent is $46,182.60 ($0.18 per square foot x 256,570 square feet).

PROPOSED AUTHORIZED USES: Lot 12, Block 3 – Construction and operation of hangar-office complex for operation of scheduled airline and aircraft charter business, and for maintenance and storage of aircraft and ground service equipment.

PROPOSED AUTHORIZED USES: Lot 5A, Block 6 – Use shall be strictly limited to Lessee’s employee vehicle parking only.

THIS SUCCESSIVE LEASE IS CONDITIONAL UPON MEETING AIRPORT ELIGIBLITY REQUIREMENTS

This file is available for review during regular business hours, Monday through Friday, at the Leasing Office of Ted Stevens Anchorage International Airport, located in Room C3980 on the third floor of the South Terminal, at 5000 W. International Airport Road, Anchorage, Alaska 99502.  Comments may be submitted in writing via email or letter to: andy.dinsmore@alaska.gov Attention: Andy Dinsmore, Leasing Office, Ted Stevens Anchorage International Airport, P.O. Box 196960, Anchorage, Alaska, 99519-6960, but must be received by 4:30 P.M. on or before April 25, 2026, after which the Department will determine whether or not to execute the Land Lease.

The DOT&PF operates Federal Programs without regard to race, color, national origin, sex, age, or disability. 

Full Title VI Nondiscrimination Policy: dot.alaska.gov/tvi_statement.shtml.  To file a complaint go to: dot.alaska.gov/cvlrts/titlevi.shtml

DOT&PF complies with Title II of the Americans with Disabilities Act of 1990. Individuals with disabilities who may need auxiliary aids, services, and/or special modifications to participate in public meetings or who require special accommodations while gathering information on this file, should contact the Airport Leasing Office at telephone number (907) 266-2420, or Alaska Relay at telephone number: 711. Requests should be made at least 5 days before the accommodation is needed make any necessary arrangements.

The Department reserves the right to correct technical defects in lease language, the premises' description, lease term, or the purposes of the lease, and to reject any or all applications when to do so is in the best interests of the Department.