I really like model/virtual railroads because of the "time machine" aspect, and there is plenty of history along the ARR. The problem with modelling Alaska is that there is no town or industry 5 miles up the way. Speaking of rail/sea operations, most of the coal goes out to Korea from the port in Seward (mile 0). The coal comes from the tipple 360 miles up the way!
Whittier is a tiny slice of Alaska nestled against the mountains with the unique Portage tunnel (a one-lane highway/railroad shared tunnel) and is a rail barge connection to the lower 48. Seward is also tiny and nestled against mountains (a common theme up here), and is a rail/sea port of a slightly different kind. It was there from the start unlike the "newer" Whittier branch. Anchorage the hub of it all. A lot of ARR's cargo traffic comes just from hauling jet fuel to the airport, which is one of the busiest cargo airports in the world. Anchorage and points south would be an awesome and time-consuming project, and starting with any of these three cities would be my suggestion. Depending on the era modeled, the loop is a possibility. Who said helixes were just for model railroads, eh?
Perhaps it helps to keep in mind that Alaska has around 600,000 people, and about half live in or near Anchorage. Fairbanks (the other end of the rail) is not even a third of the remaining people - most of the rest live off the "rail belt". So, as you head north, there is a lot of pretty scenery but hardly anything else. Talkeetna is busy in the summer with all the tourists coming from cruises. As I mentioned already, the tipple north of Healy is pretty cool. That was built in the 80s, I believe. It was different prior to that. Clear is "just" a military base, but still a ARR customer I think. Nenana is a bit more than a stop, and then things get busy again in and around Faribanks. I am simplifying the route some, but, there really isn't a lot of operation possibility at this end compared to the interconnected ports in the south. ARR is mostly terminus operations.
p.s. While I suggest the "condensed" southern region, it is still a 4-hour train trip of nothing but scenery from Seward to Anchorage.
p.p.s. I'm not saying to not attempt the ARR. There is so much appeal. But that's the problem to be aware of - there is SO MUCH.