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REAL ESTATE
The Alaska Railroad Corporation (ARRC) owns real estate holdings consisting of approximately 36,228 acres of land. Of this amount, roughly 13,738 acres or 38 percent are devoted to right-of-way and another 4,520 acres or 12 percent are used for railroad operations. The remaining 17,970 acres or 50 percent is available for lease.
ARRC owns reserves in Seward, Crown Point, Portage, Whittier, Anchorage, Talkeetna, Curry, Hurricane, Healy, Clear, Nenana, Fairbanks, Valdez, Birchwood and Eagle River. Real Estate income is used as a source of funds for sustaining the railroad's transportation assets. Land is currently available for lease or permit.
In a joint effort the ARRC implemented and designed the lease handbook for community leaders, planners, and commercial parties as a guide to the process and opportunities specific to leasing Alaska Railroad lands.
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