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nchorage's commercial real estate market was the focus of discussion at the Building Owners and Managers Association International (BOMA) annual luncheon, marking its 30th year in the city. The event brought together speakers to analyze Alaska's market dynamics and new construction projects in Anchorage.

    According to Mark Filipenko, BOMA Anchorage's president for 2024, the state faced challenges in 2024 due to factors like interest rates and population fluctuations. However, he noted that the industry has remained resilient, thanks to developers and businesses in Anchorage.

    Filipenko expressed enthusiasm about the upcoming year, highlighting several significant projects, including a new industrial development at Northway Mall and medical expansions at ANTHC and Southcentral Foundation. He also hinted at confidential developments that are expected to be announced soon, suggesting an exciting 2025 for the city's contractors and businesses.