Vacant for 37 years, what’s known locally as “the Waterford Airport property” at 140 Waterford Parkway South is once again a target for development, this time by Fabcon Precast, a concrete manufacturer based in Minnesota. At 188 acres, the airport property value is currently about $4.3 million, according to the town tax assessor’s office. Fabcon did not disclose the details of its deal with Mathon Fund I LLC, except to say it’s contingent on the town approving development of the property. The Conservation Commission has yet to come to a decision on Fabcon’s applications. “We’re interested in opening a new plant somewhere in the New England market,” Pederson said. “When you start looking around at sites that are big enough to accommodate our needs, it was hard to find an appropriate site. The airport site happened to fit.”
https://www.theday.com/local-news/20200922/waterford-airport-property-ready-for-takeoff