Born in Douglas in 1930, Mr Kneale left the Isle of Man as a young man to pursue his career.
The 95-year-old has works in the collections of prestigious institutions around the world including the Tate Collection, the New York Museum of Modern Art and the National Gallery of Victoria In Australia.
He is also known for having designed the Three Legs of Mann sculpture outside the Isle of Man Airport at Ronaldsway.
The cost of the project, including transportation and installation costs, has been estimated to be about £97,000, with Mr Kneale donating his time and fee.
Delivered in partnership with the Department of Environment, Food and Agriculture, the Isle of Man Arts Council has also contributed £60,000 via a lottery-funded grant, with funding also provided by the Kneale family, the Frampton Fund, and Culture Vannin.
