Settler's Bay Development, Inc.

Legends Restaurant at Settler's Bay underwent a complete renovation with the help of 10-year term financing under AIDEA's Loan Participation Program. National Bank of Alaska originated the loan. The project - a restaurant, lounge and banquet facility - created 30 construction jobs and 40 new full- and part-time positions. The restaurant setting provides a spectacular view. Previously, Settler's Bay Development obtained AIDEA financing for improvements to the Settler's Bay Golf Course.