Moody Foundation Awards $9.7 Million for Park Restoration

Moody Foundation Awards $9.7 Million for Park Restoration

The Pease Park Conservancy in Austin, Texas, has announced a $9.7 million grant from the Moody Foundation in support of the restoration, revitalization, and enhancement of one of the city's oldest parks.

The grant from the Galveston-based foundation will help fund the implementation of the first phase of the Pease Park Master Plan, which is focused on the southernmost part of the park, an area known as Kingsbury Commons. Planned projects include accessibility enhancements to the park's entrance and gateway; the creation of additional nature-based playscapes, a new state-of-the-art water feature, and a tree house; adaptive repurposing of the 1920s Tudor Cottage into a community gathering space, as well as the addition of a stone terrace to expand the space available for community use; and construction of a multi-use facility to serve as an additional area for community activities.

"Pease Park is a beautiful and very treasured asset for the City of Austin, and the Moody Foundation is proud to support the conservancy's efforts to ensure that generations of Austinites can continue to use and enjoy this historic place," said Moody Foundation trustee Ross Moody. "Pease Park truly is the 'people's park', a place for day-to-day enjoyment and respite, and this gift complements the Moody Foundation's efforts to enhance parks and greenspaces across Austin."

The grant will serve as the lead gift for a planned capital campaign to be launched by the conservancy in early 2018. "We are very pleased that this lead gift will help Pease Park realize the initial phase of the Master Plan," said Francie Moody-Dahlberg, chair and executive director of the Moody Foundation, "so that once design is completed, the project can break ground and the Conservancy and other donors can begin prioritizing the programming and sustainability of the park."

"Pease Park Conservancy Receives $9.7 Million Gift From the Moody Foundation." Pease Park Conservancy Press Release 10/30/2017.