PAYERS Park will open this Saturday as part of the Folkestone Triennial which begins on the same day.
The work, carried out by architects muf architechture/art, to the once derelict area on Grace Hill began in February and cost £1.5m.
It will feature a graded boardwalk and other walkways, seating, planted and grassed areas and a central plateau as well as improving access between areas in the town centre.
Owned by the Creative Foundation, the park will be managed by Shepway District Council.
Leader of SDC David Monk said: “The renaissance of this previously uncared for space is breathtaking. For anyone who hasn’t yet seen it I encourage you to join us for the opening events on Saturday at 10am and 5.30pm.
“We are delighted to take on the management of the park, ensuring the long term future of this great community asset, through our award winning grounds maintenance team.”
Funded by, The Roger De Haan Charitable Trust, Kent County Council and The Heritage Lottery Fund, the design process included consultations and a series of events involving local residents.
The park will also include a lookout, a play space, an outside classroom and gym, lighting and a bin store.
Visitors of the town can take advantage of 24 car parking spaces that have also been refurbished as part of the scheme.
Creative foundation chief executive Alastair Upton said: “This imaginative project will transform what has been an eyesore for so many years.
“The area will be designated as a public park, thanks to the generosity of The Roger De Haan Charitable Trust, which is contributing nearly £1m towards the cost, and the partnership with Kent and Shepway. This will be another significant piece in the jigsaw that is coming together to make this area of town much more attractive.”