Officially named Albee E. Loker Recreational Park, the area was once the site of the original Bacon School, which was torn down in the late 1970s..The patch of land gained its current name after Natick native Donald P. Loker, a well-known stage and screen actor in the 1930s and 1940s (who is now deceased), donated $20,000 in 1981 to help turn the old school site into a park and requested that the area be named for his father.

This spring Town Meeting approved $10,000 to help pay for the installation of playground equipment at Loker Park. The park is a roughly 2-acre triangular area bordered by Bacon, Walnut and Belvidere streets.