Moody Foundation Commits $15 Million for Austin Park Revamp

Moody Foundation Commits $15 Million for Austin Park Revamp

The Moody Foundation in Galveston, Texas, has announced a $15 million gift to the Austin Parks Foundation in support of a makeover of the city's Waterloo Park, the Austin-American Statesman reports.

Spanning some eleven acres, the park has been closed in recent years while crews worked on an intake building for the Waller Creek tunnel, a massive project aimed at taking a large piece of downtown Austin out of the region’s flood plain. The gift from the foundation, the largest ever in support of parks and open space in Austin, will support several improvements to the park, including the addition of an amphitheater and great lawn that can accommodate up to five thousand people. In addition, the revamped park, which is named after the first settlement on the site, will feature a mile and a half of trails, gardens, and play spaces. To be designed by Phifer & Partners, the new amphitheater will be named the Moody Amphitheater in recognition of the gift.

"The Austin Parks and Recreation Department is thrilled that the Moody Foundation recognizes the Waller Creek Conservancy's creative and transformative restoration of the parks and green space along Waller Creek," said Austin parks director Sara Hensley. "The gift speaks volumes in support of the leadership, vision, and dedication of the conservancy, as well as endorses the idea of public/private/nonprofits working together to create a better community."

Gary Dinges. "$15 Million Grant to Fund Waterloo Park Makeover, New Amphitheater." American Statesman 02/05/2017.