The stadium is being built primarily for the Hub City Spartanburgers, the relocated and renamed Down East Wood Ducks of the Carolina League,[2] who will replace the Hickory Crawdads in the South Atlantic League (SAL).

[3] It is also intended to host other sports, outdoor concerts, festivals and community events.

The ballpark is part of a larger $425 million mixed-use development on a 16-acre site at the western edge of downtown, which will include more than 375 luxury apartments, a 150-room hotel, 200,000 square feet of office space, parking for at least 1,500 vehicles, and a public plaza.

[5] The stadium will have 12 premium suites, a 7,000 square foot club/multi-purpose event space, concourse level boxes and an outfield berm in deep left field.

[6] A groundbreaking ceremony was held on November 1, 2023, where Fifth Third Bank was announced as the ballpark naming rights sponsor.