A significant rezone proposal is on the table for the Fairbanks North Star Borough, as officials discuss a shift from light industrial to light commercial zoning near the Chena River. The applicant, who owns several parcels in the area, aims to facilitate multifamily developments, a move that could reshape the local landscape.

Currently, the 17-acre site is designated as light industrial, which restricts residential development. The proposed light commercial zoning would allow for a mix of commercial and residential uses, aligning with the borough's comprehensive plan for urban development. The area, located just west of the airport, is also adjacent to the Chena River, raising concerns about environmental impacts and flood risks.

The planning commission has recommended a 25-foot waterway setback to protect the riverbank, a decision that has sparked debate among local property owners. While the applicant supports the setback, some neighboring landowners, including Mr. Henry Dale, have expressed opposition, fearing it could limit their property rights and development options.

Public testimony highlighted a desire for even larger setbacks, with some residents advocating for a 100-foot buffer to safeguard the river's ecosystem. The Chena Riverfront Commission, which reviewed the proposal, initially favored a more restrictive waterway protection area but ultimately settled on the 25-foot setback.

As discussions continue, the borough is weighing the benefits of the rezone against community concerns. The outcome could set a precedent for future developments along the river, balancing growth with environmental stewardship. The public hearing is set for next week, where further input will be gathered before a final decision is made.