Specifically, the lot is one of the remaining undeveloped waterfront parcels in Juneau. In the past, it was owned by the Alaska Mental Health Trust Authority, which auctioned early this month.
The Norwegian Cruise Line won the rest of the bidders, amongst which was also the Royal Caribbean, which bid $13 million by putting in an offer six times the appraised value of the site.
Norwegian EVP Howard Sherman spoke at a media availability at Juneau’s City Hall, commenting
This property in Juneau is an opportunity for us over the long term to engage with the community here and secure the future of our vessels, you know, for the next 30 years.
He added that the long-term berth would provide the cruise line with the certainty of long-term access to a berth in Juneau, which is still not contractually guaranteed under its current arrangements.