[1] The arena is primarily used to host basketball games, and has a seating capacity of 5,000 people.

[2] The Coliseo was inaugurated in 1966, for the 1966 Extraordinary Men's World Basketball Championship, which featured Valdivia as one of its host sites.

The arena has hosted numerous basketball tournaments, such as the men's FIBA South American Championships in 1977 and 2001.

The arena also hosted the 2002 South American Basketball Club Championship, in which the arena's host professional basketball club team, CD Valdivia, finished runners-up at the competition.

The arena was also used to host home games of the senior men's Chilean national basketball team, during 2019 FIBA World Cup Americas qualifiers.