July 13, 2025
Investment

FDR Park opens new Gateway Plaza, with more to come


FDR Park has been around since the Philadelphia World’s Fair in 1926, and some of its infrastructure dates back to that time. It was originally called Olmstead Park, for the landscape firm that designed it, and re-named after president Franklin Delano Roosevelt in 1955.

In the 21st century, the 348-acre park struggled with underfunding, flooding and deferred maintenance. It had not seen any significant improvements in many years.

Until now.

The Fairmount Park Conservancy unveiled the first of three phases meant to reimagine and reinvigorate the park, with community input — and about $250 million in funding from a variety of sources. Last month, it celebrated the grand opening for the Gateway Plaza, which includes the Anna C. Verna Playground and the $12 million Welcome Center.



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