It is now sold nationwide as part of the Davies Foods product range.
Davies Foods co-owner Donna Davies said she and Paul were very happy to give something back to a 'terrific community' that had supported their own family.
Mr Davies was born in Te Awamutu and his wife has lived here for more than 30 years, raising their children together and seeing the town develop and grow.
"We saw the bike skills park at the Avantidrome and loved how well used it is and what a healthy, family atmosphere it helps create," says Mrs Davies.
"We really wanted to do something that had longevity and encouraged good, healthy lifestyles starting at a young age.
"We're both keen recreational cyclists ourselves and given the Pop 'n' Good brand and where it came from this was a really good fit. We're just looking forward to seeing it up and running. It's going to be fantastic for the town."
With the sponsorship deal now in place, construction on the Pop 'n' Good Bike Park will begin almost immediately. Civil Construction Services has been contracted to do the work.
The existing playground at Selwyn Park will be closed to the public for a period while construction is underway. Closure dates will be advised.
When complete, the Pop 'n' Good Bike Park will link to the new destination playground and existing Rose Gardens to become a community focal point at the Te Awamutu hub.
Mr Mylchreest says it was humbling to see a local family give back so generously to the community.
"It's great the whole facility will have such a strong local flavour. We've had huge support for this and the wider destination playground project and I'm just looking forward to seeing kids and families using it."
Ongoing updates on the Pop 'n' Good Bike Park project will be available at www.waipadc.govt.nz/TA-playground
