Kenai City Hall on Feb. 20, 2020, in Kenai, Alaska. (Photo by Victoria Petersen/Peninsula Clarion)

Kenai City Hall on Feb. 20, 2020, in Kenai, Alaska. (Photo by Victoria Petersen/Peninsula Clarion)

City offers incentives for land leasing

Incentives include no lease payments for up to 5 years and option to purchase.

The city of Kenai is expanding land development and leasing incentives across the city.

Incentives for development include no lease payments for up to five years and opportunities for lease with the option to purchase.

Kenai City Manager Paul Ostrander said the Kenai City Council wanted to find a way to encourage responsible growth and development within the city, and tasked the city’s administration to come up with ways the city could work together with local business owners.

“We’re encouraging people to invest in the city, and in return the city will provide a lease credit for that investment,” Ostrander said.

A commitment from business partners will be part of the requirement for the incentives, Ostrander said.

He said that as far as he is aware, it’s the first time the city has offered incentives of this kind.

There are more than 300 eligible properties, including at the Kenai Municipal Airport and all of the city-owned land inventory, according to a Feb. 11 press release from the city of Kenai. All properties are raw land and do not include any brick and mortar structures.

“One of the city’s greatest assets is its land inventory, and we are committed to utilizing city lands to spur responsible economic growth and improve the quality of life for Kenai residents through these incentives, as well as creating an environment that makes Kenai the best place to do business,” Kenai Mayor Brian Gabriel said in the city’s press release.

An inventory of the city’s available land can be found through the city manager’s office.

Lease applications and instructions are available on the city of Kenai’s website at www.kenai.city/lands. For more information on how the incentives may work for your business, contact Kenai’s Planning and Zoning Office at 907-283-8235 or eappleby@kenai.city.

More in News

A towering Lutz spruce, center, in the Chugach National Forest is about to be hoisted by a crane Tuesday, Oct. 27, 2015, for transport to the West Lawn of Capitol Hill in Washington, D.C., to be the 2015 U.S. Capitol Christmas Tree. (Photo courtesy of the U.S. Forest Service)
Tongass National Forest selected to provide 2024 U.S. Capitol Christmas Tree

Eight to 10 candidate trees will be evaluated, with winner taking “whistlestop tour” to D.C.

A slash pile containing non-organic construction debris is seen at the Snug Harbor Slash Disposal site on Sept. 22, 2020, in Cooper Landing, Alaska. (Photo courtesy Kenai Peninsula Borough Land Management)
Assembly OKs concrete lease in Cooper Landing

The vote came amid widespread community opposition to the agreement

Jake Dye/Peninsula Clarion
Children hunt for Easter eggs during the Easter Eggstravaganza at Nikiski Community Recreation Center on Saturday.
Easter eggs, bunnies arrive on the Kenai Peninsula

There are plenty of opportunities to grab a photo with the Easter bunny or seek out some eggs

Flier for Bear Awareness and Electric Fencing Workshops. (Provided by Defenders of Wildlife)
Local workshops to focus on managing bear attractants, electric fencing

The series will run Monday through Friday, April 1-5, in Hope, Seward, Kenai, Soldotna and Homer

A person walks up the steps of the Alaska Capitol, Jan. 16, 2023, in Juneau, Alaska. (AP Photo/Becky Bohrer, File)
Some KPBSD schools could benefit from internet bill passed by House

If House Bill 193 becomes law, an additional six KPBSD schools would be eligible for the state’s grant program

Jake Dye/Peninsula Clarion
A veterinarian with Greater Good Charities escorts dog Maggie into a free spay/neuter clinic at the Moose Pass Fire Station on Thursday.
Moose Pass rallies behind free spay and neuter clinic

The clinic was put on by Greater Good Charities Good Fix program

Signage marks the entrance to Nikiski Middle/High School on Monday, May 16, 2022, in Nikiski, Alaska. (Ashlyn O’Hara/Peninsula Clarion)
Nikiski student arrested after school shooting threats

The juvenile student faces charges of terroristic threatening

Armageddon waits to be shown at the Kenai Peninsula District 4-H Agriculture Expo on Friday, Aug. 4, 2023, at the Soldotna Regional Sports Complex in Soldotna, Alaska. (Jake Dye/Peninsula Clarion)
Bjorkman farm tax relief bill clears Senate

The bill is now up for consideration in the House

Most Read