Built in 1952 by the Abaroa family to provide sports facilities for the city, it was demolished in 2013 and opened in 2015, it replaced the old Estadio Municipal de Calama.

[20] In April 2014, in a reunion between local authorities, it was decided that the name would be chosen by Calama mayor, Esteban Velazquez, and the Consejo de Sociedad Civil (Cososi).

The proposed alternatives were: Arena, Pucará, Vicente Cantatore, Mario Lira and Fernando Cornejo.

[21] Ultimately, the name was decided through voting, through a campaign called "Ponle nombre al Municipal de Calama".

A new stadium in Calama was first suggested in 2007, when architect, Andrés Valle, made a model of the project; it was well received by the authorities.

With the consultation of the company Alberto Saltori y Asociados, Cobreloa would dedicate CLP 35 to 40 million to this project.

[28] In 2009, Chilean, President Michelle Bachelet announced the inclusion of Calama in the third phase of the 'Estadios Bicentenario' projects.

[29] Representative Marcos Espinoza had referred to the project financing with an amount of CLP 300 million, either for a renovation or a new structure.

[31] In 2011, Chilean President Sebastián Piñera announced that $170 million U.S. dollars was to be invested in improving the infrastructure of Chile's stadiums through the 'Chilestadios' project, in which the Estadio Municipal de Calama was included.

The technical team of the municipality of Calama led by Gloria Aliaga was in charge of different project phases.

The design was inspired by the aging copper bars in order to provide identification to the community in the area.

[34] In 2012 non-compliance to bidding rules delayed construction, which is why the 'Instituto Nacional del Deporte' had to seek alternatives to avoid altering the route of the process.

In April of this year, the 'Instituto Nacional del Deporte' and the 'Gobierno Regional' increased project financing to CLP 12,000 million approximately.

[38] In April progress reached 85% and regional governor Valentín Volta said the stadium would finish in the second half of the year.

[41] for September, it was announced that the new stadium it will be opened in November this year, due to delays in municipal delivery of this.

[42] Due to delays and a failure to cover outstanding debts to its subcontractors, Isolux-Corsan ran into difficulties.

[44] Then-Chile National Football coach, Jorge Sampaoli, had planned to use the stadium for matches with Brazil and Argentina in the 2018 FIFA World Cup qualification.

This money was given for improved protection bars, ticket offices, bathrooms, illuminations, boilers and elevator.

Cobreloa won the match with goals by Diego Silva (6'), Rodolfo González (21') y José Luis Jiménez (58').Attendance came to 10,200 spectators.

On February 17, 1985, the Chilean national football team played its first international match at this stadium, facing the Danish team Vejle Boldklub, winning 5–0, thanks to doubles by Jorge Aravena, Héctor Puebla, Juan Carlos Letelier and Luis Alberto Mosquera.

One of problems while the refoundation of the stadium was the low manpower in the city, thus the main architect decided invest in heavy machines to make the work.

[58] The stadium is home to various recreational and cultural activities,[59] where children shared participate[60] in family races, yoga[61] and Zumba sessions.

[64] On November 20, 2016, the stadium was host of the first final of Bubble bump football tournament in Chile, called Fútbol burbuja Cup.

[65] Since 2022, the public unit called 'Calama Culture and Tourism Corporation' has started the activity that is open to the community to carry out tours within the enclouse.

[66] Capacity: 2.772 seatings The west stand of the stadium was named in honor of the former captain of Cobreloa, Fernando Cornejo Jiménez.