As part of Lower Manhattan's revitalization, city officials cut the ribbon Monday on the new DeLury Square.
The nearly 9,000 square foot park was expanded from a small triangle at the intersection of Fulton and Gold Streets.
Officials say natural spaces are important as Downtown continues to recover from the September 11th attacks.
"Particularly with all the construction that's happening in Lower Manhattan. It's great to have this area of tranquility and calm and a place where people can really relax and enjoy," said Community Board 1 Chair Julie Menin.
"We created a waterfall and a stream and a forest -- little woodland here and make a nice place for people to enjoy. And the residents, visitors, and tourists for whom Lower Manhattan is so important. And it helps to complete the recovery. The complete recovery of Lower Manhattan," said Parks and Recreation Commissioner Adrian Benepe.
The park was built with nearly $2.3 million from the Lower Manhattan Development Corporation, and is one of a number of new and planned public spaces in the area.