Prime U-MED Development Parcel Available for Lease

Commercial parcel steps off Lake Otis

UPDATE: the bidding period for this parcel has closed (July 21, 2020).

The Alaska Mental Health Trust is excited to offer one of the last undeveloped parcels in Anchorage’s U-MED district for development.

  • Level building area with utilities delivered to the site
  • Adjacent to Providence Hospital, University of Alaska Anchorage (UAA), and Alaska Psychiatric Institute (API) as well as other medical providers
  • Lease by sealed bid auction per bidding instructions below
Aerial-Photo
Aerial-Photo
A grassy field with a building visible in the background under a clear blue sky.
Aerial perspective showcasing a field with scattered trees and various buildings interspersed throughout the landscape.
Aerial perspective of a lush green field with a distant building set against a bright sky.
Aerial view of a lush green field with scattered trees and distant mountains on the horizon.
Aerial view of a lush, green city with numerous trees and buildings.
A 360-degree panorama showcasing a lush field surrounded by trees under a clear blue sky.
Aerial view of a city street lined with trees, showcasing urban architecture and greenery from above.