Launch: Kenai’s ‘Home Port’ phase one of residential development on legendary river

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The owners of Land’s End and Kenai Landing proudly announce Phase One of their waterfront residential development in Kenai, Alaska, known as Home Port. Two units are now under construction, and eight new “Front Street Loft” models are planned for 2022.

Located at the mouth of the Kenai River on the former Wards Cove Cannery site, Home Port is a 60-acre themed community offering a range of housing options within a residential condominium.

“We’re creating an Alaskan fishing town,” said Jon Faulkner, President of Kenai Landing, Inc., the development entity. “This location has thrived for centuries, first as a seasonal fish camp for Native Alaskans, then later as a massive cannery. The beauty of this location is stunning–unique in all of Alaska–and our Master Plan seeks to capture every element of a rich fishing tradition and the natural amenities that surround us”.

In 2021, Carroll Construction de-constructed what remained on the 100-yearold cannery, clearing the old waterfront of the 30,000-square-foot processing plant and two-story “Beachgang Bunkhouse”. 

“It’s not too late to acquire some of the reclaimed lumber and steel from these teardowns,” said Faulkner. “You can’t find wood like this anywhere. Most of it is 100-year old Douglas Fir, heartwood, from the northwest.” 

Carroll is now the lead contractor for KLI, the same entity that owns Land’s End Resort in Homer and constructed the successful Land’s End Lodges next door. After several attempts to re-develop the Kenai Landing waterfront, the owners feel confident they have assembled all the ingredients for success.  

The City of Kenai agrees. In March, 2021, the Kenai Planning Commission voted unanimously to permit the development, recognizing the need for revitalization of lower Kenai River area. The initial permits allow roughly 60 units in what is called a “Planned Unit Development”, which allows the developer flexibility with land use and density in exchange for development controls.

“It’s a win-win,” said President Jon Faulkner. “With the PUD, we are able to justify a higher level of risk and investment in order to make this a truly attractive destination—a community of distinction and lasting value. Ideally, the City of Kenai wins by building it’s tax base and permanent residency.”

The Home Port web site is now live and can be explored at www.KenaiHomeport.com.

7 COMMENTS

  1. A home for elites, tourists, and carpetbaggers. The Chamber of Commerce and the politicians win.
    The people of Kenai lose. Big.

  2. Since when has an expanded tax base (increased population and urbanization) ever reduced anyone’s taxes? Nationwide the states and cities with the highest tax bases also have the highest property, sales, and income taxes. High density housing (increased population and urbanization) does not reduce anyone’s taxes nor does it necessarily increase the quality of life for Kenai area residents. I wish city fathers would stop pushing the old misconception that increased development equals greater prosperity and higher quality of life for all – because it is seldom true.

    Let’s call a spade a spade – this development, like most developments, will benefit the sellers and buyers alone. And that’s just fine; that’s good enough. I’m an advocate of capitalism and the free market. But please, city fathers and chamber of commerce types, please stop with the old fallacy that increased development equals increased prosperity and quality of life for all taxpayers. It’s seldom true.

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