Visual Stories

Photos: Farms bought out for Port MacKenzie rail extension

POINT MACKENZIE -- The state of Alaska paid nine farmers more than $8 million to clear a path for the as-yet unfinished 32-mile railroad line slated to cross Point MacKenzie farmlands en route from the Matanuska-Susitna Borough port to the Parks Highway.

The rates paid to the farmers in the railroad's path appear -- at least at first glance -- to vary widely, and run as high as as $115,120 per acre when calculated based on the land needed for the railroad.

The rail extension project aimed at bringing new industry to Port MacKenzie is about two-thirds complete, but still needs $121 million. Legislators facing a multi-billion-dollar shortfall from low oil prices provided no new funding this past legislative session. Borough officials say there will be no new rail construction without new funding.

READ MORE: Farmers in path of stalled Point MacKenzie railroad line get $8 million

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