By the early 1970s, land was becoming scarce in Wheeling. With the passage of a tax referendum in 1972, the Park District was able to move forward with a comprehensive development program to designate open space for the leisure needs of residents and guests. A contract for $32,500 was negotiated with Hollywood Builders for a three-acre tract of land referred to as North Park, now the western edge of Childerley Park. The Park District acquired the site in 1974 after being awarded a grant for half the cost from the Illinois Department of Conservation, Bureau of Outdoor Recreation.