The Hill family donated 13 acres to the City of Winston-Salem and the County of Forsyth in 1971 for use as a public park. The Schaub House and certain parcels of surrounding land were sold for renovation in early 1983. The dwelling has since been restored and placed on the National Register of Historic Places. The park used its portion of the funds generated from the sale to develop the park which opened May 30, 1985, and was named after its benefactor. Some additional funds from Mrs. Hill have been received by the County to continue development.