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In 1970, the ¿ì²¥ÊÓƵ identified the under-served southwest side Clearing neighborhood for park development. That year, Clearing's population had peaked at 24,560, a 77% increase over a decade before. In 1972, the Park District acquired a 6-acre plus property between West 59th Street and the Indiana Belt Railroad, using U.S. Department of Housing and Urban Development grant funds. Preliminary park plans, developed in 1973, called for volleyball, tennis, basketball, horseshoe, and shuffleboard courts, an athletic field, a sandbox, and playground equipment. Around 1980, the Park District brought in a double-wide trailer to be used as a fieldhouse. For many years, the westernmost portion of the property remained unimproved. The Park District considered selling that section of the park, but had given up the idea by the early 1990s. Finally, in 1996, the west end of the park was improved with a soccer field. In 1998, the Park District expanded the park to over 8 acres by purchasing land to the east. A new fieldhouse was constructed that replaced the trailer that was formerly being used as a fieldhouse.

In 1976, the site was officially designated Valley Forge Park in recognition of the nation's Bi-Centennial. On the west bank of Pennsylvania's Schuylkill River, Valley Forge was the Revolutionary War encampment site of General George Washington and 11,000 troops beginning in December 1777. Having been defeated at nearby Brandywine and Germantown, the Continental Army endured an unusually harsh winter at Valley Forge, suffering bitter cold and near-starvation. After weeks of drilling by Baron Frederick von Steuben and an influx of money for supplies in the late spring, the Army emerged in June 1778 as a well-disciplined fighting force ready to press the Revolution forward.