Situated in the eastern suburb of San Lázaro, the stadium is a multipurpose arena, used primarily for the football matches.

The stadium is oval and has a terracotta-coloured roof that rises on the west side to incorporate the director's seating and press facilities on a second tier.

The pitch is surrounded by a 400 m athletics track, which is relatively uncommon in Spanish stadiums.

The inaugural match took place on 24 June 1993, when a four-way tournament was staged, featuring Deportivo de La Coruña, CD Tenerife, CA River Plate and São Paulo FC.

Deportivo and River Plate played in the first match and Bebeto had the honour of scoring the first goal.