It replaced the smaller Bökelbergstadion, which no longer satisfied modern safety standards and international requirements, in July 2004.

[citation needed] The new stadium features amenities such as VIP lounges, a fanshop and sports bar, and cost 85 million euro to construct.

Despite its large capacity and relative modernity, the stadium missed out on holding matches during the 2006 World Cup, which Germany hosted.

It was again not selected as a venue for Germany's first bid as a united nation for the UEFA flagship event EURO 2024.

With an average occupancy rate of 95.1% it is one of the most frequently visited football stadiums in Europe, placing 13th in 2017 (between Liverpool F.C.