Stone Cranberry Corp currently owns the parcel and has a sand and gravel operation on the site. Bob Tinkham, health agent for the town, tells GlobeSt.com that NE Waste Services will create deed restrictions on the remaining 130 acres that they would be left as open space if the landfill goes through. The company has also guaranteed the town $1 million a year for twenty years if it gets its permits.

Tinkham says that the town has not yet taken an official position on the proposal but he notes, "Obviously people here aren't for it." The land is currently site-assigned for a landfill but Tinkham says that it is land that could be potentially developed. But, he adds, "the property is for sale and this is who wants to buy it."

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.