From 1847 to 1890, this site held Hill School, a Lannon stone building erected on land donated by Joel E. Bidwell, where classes began on January 17, 1848 and about eighty pupils could be accommodated. It replaced the first school built in the Village of Prairieville, now Waukesha, a tamarack log school built in 1837 down the hill on Madison Street west of the Fox River, after the village's west portion became a separate district. Hill School was the only public school in Waukesha until 1854, when the east portion of the village built the stone Union School on Grand Avenue. In 1886, the Hill School district was united with the Union school district, and three years later Thomas Spence sold land at 618 Chicago Avenue for a four-room brick school named Blair School in honor of William Blair, which opened in September 1890. In October 1890, Joint School District No. 1 of the Village of Waukesha and the towns of Waukesha and Pewaukee paid $300 to the three heirs of Joel Bidwell to purchase the Hill School site, and on August 18, 1891, the district quitclaimed the property to the Trustees of the Village of Waukesha for use as a public park. Hill School was demolished between 1891 and 1895, the grounds were landscaped, and the site has served as a park ever since. Though the Tower Hill neighborhood takes its name from Spence's Observation Tower, the origin of the name Park View Park is unknown. The park was included as a contributing property in the Madison Street Historic District, added to the National and State Register of Historic Places in 1984 at 500 Madison Street. That year Madison Street Neighbors, Inc. added a concrete pad and benches, Tower Hill neighborhood members built a stone monument and garden in 2014, the Tower Hill Neighborhood Association, Inc. adopted the park in 2019, expanded the gardens, and donated Lyman Whitaker's wind sculpture Spring, and grant funds in 2023 supported further amenities, including a meandering path.