The idea of this downtown plaza stemmed from a celebration of the silver anniversary of Alaska's Statehood. Construction was competed in 1987 and funded by donations from Fairbanks' citizens, families, businesses and associations. Golden Heart Plaza, filled with flowers in the summer and strung with twinkling lights in the winter, plays a central roll in any downtown Fairbanks celebration. The clock tower was donated by the Fairbanks Rotary Club. A time capsule, to be opened January 3rd 2059, is buried behind the Plaza on the riverbank. The statue is Malcom Alexander's "Unknown First Family" which is "dedicated to all Families past, present and future, and to the indomitable spirit of the people of Alaska's Interior.