ADA-32720 Northstar Holdings, LLC. Application for Successive Land Lease

The State of Alaska, DOT&PF, is seeking to execute a successive land lease (Lease ADA‑32720) with Northstar Holdings, LLC for a 21,369 sq ft parcel at Ted Stevens Anchorage International Airport. The lease term is 50 years (12/01/2026 – 11/30/2076) with an annual rent of approximately $44,447.52. Authorized uses include aircraft hangar operations, aircraft storage, maintenance, repair, part‑135 air‑taxi services, and related office and vehicle parking. Interested parties may submit comments or inquiries by 4:30 PM on 11/04/2026. The lease will be reviewed by the airport leasing office and a decision will be made after the comment period. • Location: Block 16, Lot 1G, Ted Stevens Anchorage International Airport, Anchorage, AK • Lease term: 50 years (2026‑2076) • Premises size: ~21,369 sq ft • Annual rent: $44,447.52 (≈ $2.08 / sq ft) • Permitted uses: aircraft hangar, storage, maintenance, Part 135 air‑taxi, limited office/parking • Submission deadline for comments: 11/04/2026 (4:30 PM) • Contact: Anelis Comeau, Airport Leasing Assistant Manager (email & phone provided)