The QRU set up headquarters at Ballymore in 1966 under a deed of grant from the state government. The first club game played at the new site was a match between Teachers and Wests. The QRU moved in February 1967. In March of the following year Ballymore's grandstand was officially opened. The Eastern Stand was opened on 21 June 1992. The ground exceeded capacity in 1993 when 26,000 watched the Wallabies play South Africa. A year later the first match under lights was played at the ground. Today the grandstand is known as the McLean Stand (named in 1982 after the McLean family). The Eastern stand is known as the Bank of QLD stand.
Though the Reds have since moved out of Ballymore to Suncorp Stadium which has double the capacity, Ballymore is still the host to many rugby union matches. The Queensland Premier Rugby finals are held at the ground, and Queensland XV and off-season matches for the Reds are also played at Ballymore. Since 2014, the Brisbane City team in the National Rugby Championship has played home matches at the stadium.
The QRU has plans to redevelop the site to include a high performance centre comprising advanced sports medicine and training facilities, a gymnasium and aquatic facilities, as well as on-site accommodation for visiting teams.