An older raised grandstand with roofing at the back and a new (built 2022) all-seater unroofed stand in front.

Immediately south of the venue lies Aspmyra kunstgressbane, a training pitch with artificial turf.

In 1992, the pitch was resowed, forcing Glimt to play a season in Nordlandshallen, which since has been used twice for Norwegian top division matches.

The interest spurred a large protest meeting organized by the various sports clubs in town in support of the municipality building a new venue.

[2] Construction started in 1965, with the completion of a grass pitch, a 400-meter (1,300 ft) running track and a grandstand consisting of wooden benches for 2,500 spectators.

[2] In 1980, an all-weather running track was installed[2] and a training pitch with artificial turf, named Aspmyra kunstgressbane, was built south of the stadium.

[6] The Municipal Committee for Sport and Culture stated that they wanted to prioritize the artificial turf field over a gravel pitch.

The municipality lacked funds for a new pitch, so the parties agreed that the club would borrow NOK 3.5 million to pay for the renovation.

If the municipality was to finance the renovation in a regular manner, funds could not be allocated until the following year, which would cause two seasons to be lost.

The initial plans called for seated stands for 10,000 spectators—a quarter of the town's population—48 apartments and 15,000 square meters (160,000 sq ft) of commercial property.

Funding was proposed to come from selling the residential and commercial properties and grants from NFF and the Ministry of Culture.

[13] Kjell Ove Johansen, CEO of Bodø/Glimt's operating company, quit his job in November 1998 in protest against the mayor's and councilors' negative attitude and lack of trust towards Bodø/Glimt regarding the venue plans.

[14] On 27 January 1999,[15] the municipal council passed a resolution allowing the venue to be sold to the club for NOK 7.9 million, with the official take-over date being 1 May.

The project cost NOK 40 million less than the original plans, in part because no stands were built on the west end.

[20] The project also included 6,900 square meters (74,000 sq ft) of commercial property, which was rented out to 13 companies.

[26] As compensation for removing the track and field sections, the stadium company had to pay for a new municipal athletics venue at Mørkvedlia.

[33] In 2009, Innovation Norway criticized Nordland County Municipality, who administrated the DA-funds, stating that both the grant and load to Glimt were illegal.

Because it was the majority shareholder of the stadium company, it filed consolidated accounts which also include the equity of Aspmyra Stadion AS.

Thus, the consequence of Innovation Norway's proceedings was that the club risked ending up with a negative equity and could be relegated to the third tier.

[35] After taking over the stadium company, the municipality merged it with Bodø Spektrum, which runs an indoor sports complex, including Nordlandshallen.

1,900 to 8,270 seats total in time for the 2022 Norwegian season and together with other improvements in spectator, VIP and media facilities will bring the stadium within UEFA category 4 to be used for group stage matches in European leagues.

[37] The stand is combined with a commercial and residential building, which is owned by Aspmyra Næringsbygg, which is again controlled by Gunvald Johansen.

[2] The area behind the East Stand was bought by Bodø Boligbyggelag, who built housing there and is named after Toyota, again for sponsorship reasons.

[2] During the 1990s, Bodø/Glimt was allowed to play qualification matches for UEFA tournaments at Aspmyra, but the venue was not suitable for games in the ordinary rounds because of lack of floodlights.

[2] Aspmyra has hosted one Norway national football team match, which resulted in 1–1 against Iceland and filling the venue with 8,126 spectators on 22 May 2002.

[60] In 2008, the club stated that they would either have to renovate Aspmyra for NOK 200 million or build a new stadium elsewhere to remain competitive at a premiership level.

[61] Minister of Culture, Trond Giske, stated that at least one of the venues would have to be in Northern Norway to receive government support for an application.

[65] For Aspmyra, the municipality has stated that they have the long-term option to purchase the real estate north of the pitch and can build a new stand there.

[33] Several possible development schemes for the stadium was presented over the coming decade, but none of them were put into action due to lack of funding and the fact that results and spectator numbers did not make better facilities necessary.

Following the continued success of the club from 2019 and onward, a plan has been put forward to build a new stadium on the other side of town, with an 8–10 000 capacity.