The Anchorage Community Development Authority said Monday it has signed an agreement to purchase the J.C. Penney parking garage in downtown Anchorage, as well as J.C. Penney’s majority stake in ...

ANCHORAGE (AP) — The Anchorage Community Development Authority has announced an agreement to purchase the JCPenney parking garage and JCPenney's majority ownership of the former Nordstrom building.

Downtown Anchorage parking rates at city-owned garages and lots are set to rise sharply next month, in their first increase in several years. Metered parking rates on Anchorage streets are not ...