Arctic village is a village in Arctic lands, that contains many the many basic features of a normal city, Smith, Tailor, Butcher, Chapel (etc).
The only unique thing about Arctic village, is in the Blacksmiths, you can say "Laptev" to him, and he will offer to make you a number of weapons for a price, of course. (these weapons will be bonded to you.
He can make you a Giasamo stick
Or a Frozen spear