NEWS
2016
Statewide Construction Roundup (News)
Pfeffer Development's latest projects are featured in the Alaska Business Monthly's statewide construction update in the March issue of the magazine.
2016
Sale of Anchorage LIO building to state makes sense for all (Commentary)
Moving Anchorage legislative office to Atwood Building may be popular, but it's the wrong move for Alaska.
2015
Landlord Offers to Sell LIO for $10 Million Less Than Appraised Value (Press Release from Landlord)
Recognizing the State of Alaska is in a very different situation today than when the renovation to the Anchorage Legislative Information Office (LIO) was authorized, the owners of the renovated building have offered to take a dramatic step to forge a pathway to savings for the state.
2015
AJOC EDITORIAL: Breaking LIO lease will signal state can’t be trusted (News - Editorial)
Legislators were rightly concerned when Gov. Bill Walker, without warning, vetoed $200 million in appropriations from the current fiscal year budget designated for the oil and gas tax credit program. Walker noted at the time — and his Revenue Commissioner Randall Hoffbeck had to spend a lot of time in the aftermath reiterating to the financial community — that the State of Alaska was not reneging on its obligation to pay the credits. The consequences of not honoring its debts would be terrible for a state trying to protect its top-notch AAA credit rating as it faces multi-billion deficits and now plans to finance its $13 billion share of the Alaska LNG Project.