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The economic impact of this was significant and Fairbanks faced a housing shortage, which in turn sparked a building boom. It was at this time, in 1952, that the Polaris building was constructed to create apartments in downtown Fairbanks. [2] In 1953, a suite of offices opened in the penthouse of the 11th floor of the Polaris Building.
In following years, Fairbanks-Morse brought in J.D. Stevenson from Tuskegee Institute to start a YMCA for black youths nearby. The apartments came to be called the Edgewater Flats, but were still administered by F-M officials as late as 1929. Ownership changed after WWII, and people outside of Fairbanks-Morse could rent there. Nevertheless, the ...
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Home and apartment rentals were correspondingly squeezed upward by the rising prices and the demand from pipeline workers. Two-room log cabins with no plumbing rented for $500 per month. [189] One two-bedroom home housed 45 pipeline workers who shared beds on a rotating schedule for $40 per week. [190]
The couple said, per WOWT, that the guest paid for the rental using the instant booking feature on the Airbnb platform and was late for his scheduled check-in. Lorenzo Di Cola/NurPhoto via Getty.
Fairbanks is in the Tanana Valley, straddling the Chena River near its confluence with the Tanana River. The Tanana River marks the city's southern border, and the Tanana Flats, a large area of marsh and bog, is south of the river. Fairbanks is the coldest city in the United States with a population of at least 10,000 people. [9]
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