Polaris Building

Polaris Building
Map
Former namesPolaris Hotel, Northern Lights Hotel
General information
TypeApartments
LocationFairbanks, Alaska, U.S.
Address123 Lacey Street, Fairbanks, AK 99701
Coordinates64°50′38.5″N 147°43′2″W / 64.844028°N 147.71722°W / 64.844028; -147.71722
Completed1952
DemolishedDemolition started in 2023
Technical details
Floor count11

The Polaris Building is the tallest building in downtown Fairbanks, Alaska. Constructed in 1952, it served as an 11-story apartment complex that later became the Northern Lights Hotel. However, the building gradually fell into disrepair, ultimately closing its doors after 800,000 gallons of water flooded its basement in 2001. In 2018, the City of Fairbanks foreclosed on the property over unpaid taxes.[1]

  1. ^ "Must Read Alaska: Polaris building demo starts in Fairbanks | U.S. Senator Lisa Murkowski of Alaska". www.murkowski.senate.gov. Retrieved 2023-07-02.