Dedicated to ‘the Children of Today, Tomorrow and the Future’ this piece, by London-based artist Cecil Thomas OBE, depicts the fictional character Peter Pan on a tree stump with Tinkerbell on his shoulder. Infants and a range of flora and fauna are hidden in the woodland detail around the foot of the sculpture, including an owl, a squirrel, mice, a frog, a bunny, elves, and mushrooms.

The statue was donated by Mr Harold Richmond of Green Island, and cast by John Galizia & Son, Bronze Founders of London.

The exact date of the statue is unclear. Signed "Cecil Thomas Sc 1964", another plaque dates the sculpture at 1966. However, its sister sculpture in Whanganui states: “The earlier copy was commissioned in 1965 as the Dunedin Botanic Gardens' first statue.” The Dunedin Botanic Gardens website claims: "Peter was installed in 1963."