The 1,500-seated stadium was officially opened on 29 April 2013 by the Mayor of Yerevan Taron Margaryan. However, the first official match in the stadium took place earlier on 13 April 2013, between FC Pyunik and FC Banants within the frames of the Armenian Premier League. The match ended up with a result of 4-0, in favour of Pyunik.
The stadium is part of the Technical Center-Academy of the Football Federation of Armenia which was officially opened on 1 September 2010 by UEFA president Michel Platini. The centre is home to the main football stadium, 9 football training grounds (one of them with artificial pitch), 4 outdoor tennis courts, an indoor sports hall, indoor and outdoor swimming pools, fitness centre and a 4-star hotel with 49 guest rooms.