It is the stadium of the Club de Gimnasia y Esgrima La Plata, and nowadays has the capacity to accommodate approximately 30,973 spectators.

The official inauguration, however, was postponed until the anniversary of the city of La Plata, on 19 November, with Gimnasia playing a friendly match against Uruguayan club Peñarol.

Between 2006 and June 2008, the stadium could not be used for official tournaments, due to new safety standards the Co.Pro.Se.De (Coprosede) committee created in 2002 with the aim of reducing incidents of violence at sporting events in the Province of Buenos Aires.

The president at the time, Juan José Muñoz, decided to use the Estadio Ciudad de La Plata to play the home games.

[2] The management board that took the reins of the club in 2008 began some repairs and improvements of facilities in early 2008 to get the approval of the Coprosede to play official matches.