In 1920, Boot purchased, and presented to the City of Nottingham, 36 acres of open land that lay along the northern side of the Victoria Embankment alongside the River Trent, opposite Plaisaunce, Jesse Boot's summer house which was demolished in 1961.

Initially named the 'New Park', it was laid out with grass and trees, and provided a barrier against flooding as well as a pleasant walkway alongside the river.

As part of the development an imposing war memorial gateway was built, with the aid of funds from Jesse Boot.

The Sir Jesse Boot Chair in Chemistry at the University of Nottingham was named in his honour.

There is a pub named after him in the nearby Nottinghamshire town of Beeston, around 1 mile from Highfields Park.