The Town of Guilderland purchased 109 acres of land off East Lydius Street from the DiCaprio family in 2001. The land was used for vegetable farming for over 100 years and is situated within the Pine Bush. In order to preserve the unique ecosystem, the Town designated 33 acres for DiCaprio Park and left the remaining 70 plus acres undeveloped.
Construction of the park was completed in 2003 and consists of 12 fields used primarily for soccer and lacrosse games. In 2008, a pavilion and permanent bathrooms at the park were built for use by the soccer and lacrosse teams. Volunteer groups, including Guilderland United Soccer Club, Guilderland Youth Soccer Association, and the Guilderland Youth Lacrosse Leagues, oversee the soccer and lacrosse sports leagues that play at DiCaprio fields.
The park is maintained by the Guilderland Parks & Recreation Department and is also a popular location for walkers, hikers and bird watchers.