Incorporated in 1972, Eklutna, Inc. was organized under and bound by the Alaska Corporations Code and the provisions of ANCSA and continues to play a vital role in the economic landscape of the Anchorage area. Eklutna, Inc. owns 90,000 acres within the Municipality of Anchorage (MOA), including areas of Eagle River, Birchwood, Chugiak, Peters Creek and Eklutna. Additionally, the Corporation has significant holdings in the Matanuska-Susitna Borough, with approximately 67,000 additional acres due to be conveyed from the Bureau of Land Management. As a land developer, Eklutna, Inc. owns some of the last remaining prime commercial, industrial and residential real estate within the MOA. Today, the Corporation represents more than 170 shareholders and manages a variety of investments, including commercial properties and residential developments.