Named in honor of local soldiers who fell in World War I, the stadium was a project of the Works Progress Administration.

[3] Throughout the years the stadium hosted events of every kind, ranging from Presidential addresses to classic professional wrestling encounters featuring local hero Ric Flair.

In February 1985, the stadium hosted a pair of preseason United States Football League (USFL) games, which the city hoped would attract an expansion team.

[9] In late 2009 the east end of the stadium suffered significant damage after a storm drain under the structure caved in causing the stands above it to collapse.

[10] In early 2015, the possibility arose of renovating the stadium to accommodate professional soccer in Charlotte and try to lure an MLS expansion franchise to the city, however this was only a proposal.

[12] In September 2019, Mecklenburg County Parks and Recreation broke ground on a $31.7 million reconstruction of the stadium, which became the new home of the USL Championship soccer team Charlotte Independence beginning in spring 2021.

Historical elements of the stadium, such as the stone wall and ticket booths, were removed and preserved offsite, then reinstalled in the new structure.