Construction for the venue began in July 2016, and it opened on April 6, 2017, with a five-night run of sold-out concerts by American rock band LCD Soundsystem.

[11] LCD Soundsystem announced another 20-show Brooklyn Steel residency in 2022, from November 18 to December 17, with priority given to those who canceled their 2021 tickets because of the Omicron variant.

[12][13] In 2023, LCD Soundsystem played a 12-show New York City residency in November and December as the "Tri Boro Tour", of which four of those concerts were held at Brooklyn Steel.

Both venues are "effectively one big tall box" and Terminal 5 appeared to serve as a guide for Brooklyn Steel's construction.

Black Emperor, Ween, Perfume Genius, the Decemberists, Nao, SOPHIE, Animal Collective, Sunn O))), Franz Ferdinand, PUP, Wilco, MIKA, Theo Katzman, End of The World,Weyes Blood, Chlöe and Arctic Monkeys.