Located in the heart of downtown Valdez, this multi-purpose housing facility demonstrates a strong commitment to the Valdez community and provides a means to strengthen the long-term contracts operated by the partners under TCC, a partnership between Tatitlek, Chenega, and Chugach that has held the oil spill prevention and response contract in Valdez since 1994 for the Trans Alaska Pipeline System (TAPS).
The Naswik opening will help address a housing shortage in Valdez and provide temporary accommodation for rotational workers employed by major firms in Valdez, including TCC. Other units will be available for nightly rentals, providing additional housing flexibility for the community.
Chugach Chairman Sheri Buretta opened the event, welcoming Valdez Mayor Dennis Fleming, dignitaries, shareholders, and other community members in attendance. Buretta addressed the attendees stating that Chugach and its partners and Valdez have a long history. “Valdez was the site of a native village in our region with roots that can be traced back for centuries. During the enactment of the Alaska Native Claims Settlement Act, Chugach made significant sacrifices for the Valdez Marine Terminal to be built by giving up rights to lands in Valdez for the promise of jobs and contracts on the pipeline for Chugach Natives and all Alaska Natives. With the opening of Naswik, Chugach and its partners are present, visible and renewing our commitment to the community where our ancestral ties can be integral to the health, growth and prosperity of our community.”
Buretta went on to emphasize the importance of the new building to Chugach and the community, stating, “Naswik reflect Chugach’s desire to be in Valdez, aligning with our 100-year strategic vision for intergenerational prosperity for our people. By partnering with Chenega and Tatitlek, this facility strengthens our connection to one of the Chugach region’s largest communities and serves as a foundation for future growth and opportunities for all.”
Valdez Mayor Dennis Fleming, along with other distinguished speakers, expressed appreciation for the new housing options and the facility’s positive impact on the local economy. Chugach Vice President Katherine Carlton spoke acknowledging those in attendance thanking retired Chugach President Josie Hickel, for the work she did on the project prior to retiring, to make Naswik a reality.
Carlton then went to highlight the broader goals of the newly established Chugach Regional Development, LLC (CRD). “Naswik is one of the first subsidiaries of CRD, and it represents more than a hotel or housing facility—it is a cornerstone of CRD’s vision for economic growth in the region. It will provide essential support to industries, foster community engagement, and drive development opportunities that will benefit Valdez and the Chugach region for years to come.”
Naswik Suites includes six two-bedroom suites and 31 studio units, all featuring full kitchens and laundry facilities. This modern housing solution is designed to meet the needs of rotational workers and nightly guests, providing a flexible, community-focused lodging experience in Valdez.
The ceremony concluded with thanks to the construction firm Watterson, design firm Avanti Development Partners, and all who made the ceremony possible. The facility is set to fully open for business by October, with the doors opening for both nightly rentals and corporate housing.
For more information about Chugach Naswik Suites, please visit www.naswik.com.