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The Tanana Valley, in the early years of settlement, was an important agricultural center for Alaska. This changed when the Matanuska Valley Colonization Project was established and Palmer was established in 1935. Today, agricultural activity can still be found in the Tanana Valley but it is concentrated to the southeast of Fairbanks within the communities of Salcha or Delta Junction. It was an important producer of agricultural goods in the early days of Fairbanks. The northern reaches of South Fairbanks were originally home to Paul J. Rickert. He was a local farmer who arrived from Chena in 1904 and ran a large farm until his passing in 1938. The major farming activity was also possible on the loop roads of Farmers Loop Road and Badger Road that run east and north of Fairbanks. Badger Road is named after Harry Markley Badger who was an early Fairbanks resident and later set up a farm on the road. He became known as "The Strawberry King". Side roads to Farmers Loop Road were named Ballaine and McGrath Roads after prominent farmers whose farms were within the immediate vicinity of their namesake roads. Despite the initial efforts of the Alaska Loyal League and the Tanana Valley Agriculture Association, as well as William Fentress Thompson, to promote food production, agriculture in this area was not able to support its population. However, it did come close in the 1920s.
Ladd Army Airfield was built in 1939 as part of an overall federal effort to build major infrastructure in Fairbanks during World War II and the New Deal. The Canal pipeline ran north from Whitehorse in the 1940s for a few decades. In the years 1953 to 1955, the 626-mile-long 8" Haines-Fairbanks petroleum products pipeline was built. Fairbanks has maintained a strong U.S. military presence. Ladd was transformed into Fort Wainwright by 1960. The post was annexed to Fairbanks in the 1980s.
Fairbanks was subject to several floods over its first seventy years, including ice jams from spring breakup and heavy rains. A wooden structure was built to cross the Chena River in 1904, connecting Turner Street with the wagon roads to the gold mining camps. It was often washed away before an Alaska Road Commission permanent bridge was constructed at Cushman Street, in 1917. After record-breaking rainfall, the Chena surged over its banks on August 14, 1967, flooding Fairbanks. The Chena River Lakes Flood Control Project was created in response to this disaster. It operates the 50-foot-high Moose Creek Dam, located in the Chena River, and the 8-mile-long spillway. This project was created to avoid a repeat of the 1967 flood. It allowed water to flow upstream from Fairbanks to the Tanana River and bypass the city.
