The park was created on land gifted to the town by the Consett Iron Company, opening in 1891, to provide a green space where local people could relax, enjoy recreation and exercise in a beautiful parkland setting. The park also provides a well-used pedestrian link between Blackhill and Consett.
In 2002, the park underwent a substantial refurbishment, part-funded by the Heritage Lottery Fund. The re-launch was marked with a big community arts celebration culminating in a themed firework show to music.
As part of the refurbishment, a schools poetry competition was organised, and the winning poem has been inscribed on a steel plate installed in the path around The Wishing Stone.