On July 10, 2017, after a cost of $15 million and 15 months of construction, a renovated Grange Park officially reopened with many improvements such as expansion of the children's play area, 80 new trees, expanded lawn area, an off-leash dog area, new public washrooms, new water features and new seating areas. As part of the renovation, the Henry Moore sculpture "Large Two Formspark" was moved from the corner of Dundas and McCaul streets to become the centrepiece of the park. The park was designed by PFS Studio with Thinc Design as executive architects. The AGO, the City of Toronto, the Weston Family, and various community groups jointly fininanced the renovation. There is also an endowment fund to support the park's long-term maintenance.