Aaron Welterlen, owner of W.V. Builders, Inc., is addressing the housing shortage in Fairbanks, Alaska, by constructing modern, energy-efficient apartments.
SPONSORED: Aaron Welterlen, owner of W.V. Builders, Inc., is building dozens of modern, energy-efficient apartments for residents of the Interior city.As Alaska ’s housing crunch weighs on communities across the state, in the Interior city of Fairbanks , Aaron Welterlen has been busy at work. Welterlen’s company, W.V. Builders, Inc., is constructing dozens of new apartments that provide modern amenities — municipal utilities, walkability, comfort and energy-efficiency design — to locals.
Just east of the University of Alaska Fairbanks, Welterlen has constructed 56 townhouse-style apartments clustered together off College Road — with 30 more under construction. Amid a statewide housing shortage, these apartments offer residents a high standard of living in a town where much of the available housing is outdated or inefficient. With a father in the U.S. Navy, Welterlen lived all over the U.S. and the world while growing up. Later, he moved to New Zealand. Now married and a father of three children, Fairbanks is his home. “We’re reinvesting in my community because I believe in it. I believe in Fairbanks,” said Welterlen. “Fairbanks has a lot to offer. Also, there’s a demand and a need for housing; therefore, we should meet that demand.”Welterlen started a construction business in 2005 as a speculative homebuilder, then shifted to building custom homes and remodels. In 2008, he continued building custom homes and began to build dry cabins, which have no running water. At that time, Welterlen thought: “Those are fine, but we really need to build apartments, because there is such a demand for quality rentals in Fairbanks.” W.V. Builders, Inc. is constructing dozens of new apartments in Fairbanks that provide modern amenities — municipal utilities, walkability, comfort and energy-efficiency design — to locals. Image courtesy of First National Bank Alaska. In 2010, he formed W.V. Builders, Inc
Housing Crisis Fairbanks Alaska Apartments Construction
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