 In the early 2010s, the park has undergone a major restoration and redevelopment programme funded largely by the Heritage Lottery Fund.In 1848, John Eglington, a local surveyor, valued the estate at £160,000.In the 1860s, E. A. Foden first mooted the idea of turning the estate into a park and in 1871, the Walsall Arboretum and Lake Company was formed and issued a prospectus for shareholders describing the principal features.