In Soviet times, the team played at the 7,000 seat Kyiv Sports Palace.

However, in 2006, the team was rescued by a group of businessmen who invested considerable resources into it, thus allowing it to return to the top league of Ukrainian basketball.

On 21 June 2018, the FBU announced Budivelnyk was not allowed to participate in the Ukrainian Superleague due to debts with their players.

[1] In the 2020 offseason, the Budivelnyk club restarted its activities and signed up for the 2020–21 SuperLeague season.

BC Budivelnyk played their home games at Kyiv Sport Palace.