Polar Ice, LLC

Ice hockey players in Anchorage have more rinks available with the completion of the Bonnie Cusack Memorial Ice Arena in south Anchorage. Demand for ice time in Anchorage has exploded in recent years, due in large part to the growing popularity of children and women's leagues. AIDEA provided 80 percent financing under the Loan Participation Program for this $2.8 million project. The loan was originated by Northrim Bank. The complex features an indoor ice rink, locker rooms, concessions, office space and an arcade. The project generated 100 jobs during construction. The permanent work force consists of nine fulltime and 49 part-time positions.