It is a Spanish bullring originally opened in 1967 and remodelled in 2015 to serve as a multi-purpose arena (bullfighting, sports, concerts and other activities).

In 1975, the bullring hosted the first pop music festival in Spain, known as La Cochambre, including performances of several Spanish bands.

The renovation finished in 2015 and the arena was re-inaugurated on 27 June 2015 with the first corrida of the 2015 local season, with bullfighters Enrique Ponce, El Juli and Alejandro Talavante.

[4] In 2017, after the promotion of local basketball club CB Miraflores to the Spanish top league, it started to play their home matches at the Coliseum.

[5] On 26 November 2017, the arena hosted the 2019 World Cup qualifier match between Spain and European champions Slovenia, where the locals won by 92–84.