Construction of the multifamily portion of mixed-use development Crystal Village is slated to begin in June.
The multifamily buildings will be located on 15 of Crystal Village’s 65 acres. The development will also have 3.3 acres of parkland and include restaurant, retail, office and medical space.
Developer Koniag Real Estate—a subsidiary of Koniag Inc.—one of 12 private, for-profit Alaskan Native regional corporations Congress established in 1971, began construction on Crystal Village last year.
“It’s not just your average real estate developer out spinning properties,” Crystal Village spokesperson Marc Rylander said. “It is an Alaskan Native group that is investing here, and the resources that are produced will go back to support their people.”













