Village Corporation overview: finding creative ways to use assets and benefit shareholders.

AuthorGallion, Mari
PositionSPECIAL SECTION: Alaska Native Corporations

[ILLUSTRATION OMITTED]

When considering the multitudes of Alaska Native Village Corporations and the diversity of their lands and assets, many village corporations are finding complementarily divergent ways to make money and opportunities for shareholders. Following is a composite of what many village corporations are working on in 2013.

Tanadgusix Corporation (TDX)

The Village Corporation of Saint Paul

TDX Corporation has started construction on an ultra-modern, aviation-themed office complex and parking facility to be built at the corner of Spenard and International Airport roads in Anchorage. The 5.6-acre property currently houses the former Alaska National Guard Armory, a well-known fixture in Anchorage since the 1960s. The unique 19,500-square-foot structure will not only feature an aviation theme, but will also have the appearance of a large, whimsical aircraft. When complete, the building will house TDX corporate offices, the new Alaska MasterPark Valet offices, mixed office and meeting rooms, a sit-down dining cafe, and will provide convenient valet parking for one thousand vehicles. Construction begins this summer with the completion of the valet parking facility scheduled to open November 1. The aviation theme of the new development will be cultivated through the ongoing teamwork between TDX and the Alaska Aviation Museum.

Design of the aviation themed facility is being provided by Ivy & Co. Architects of Anchorage. The project is financed through Northrim Bank, and McCracken & Associates will manage construction as the owner's representative. The contractor selected for construction is F & W Construction of Anchorage.

Huna Totem Corporation

The Village Corporation of Hoonah

Formerly the Cultural Interpretive Services department of Huna Totem Corporation, Alaska Native Voices will offer a cultural tourism resource and consulting service to other Native peoples, cultural groups, and communities around the world.

For the past thirteen years, Huna Totem Corporation has shared its people's culture and history with travelers who have visited the Huna Tlingit ancestral homeland, Glacier Bay National Park and Preserve, and their modern day home in Hoonah. The new service will help other groups or destinations share their culture with visitors. A solid business plan and training model will be developed for each client that balances cultural integrity and visitor expectations.

Huna Totem Corporation began its Cultural Heritage Guide program in 2000. Cultural...

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