Opened in 1993, it has been the home ground of Scottish Professional Football League club Stirling Albion since then.

Forthbank was constructed by Central Regional Council to replace the town's older football stadium Annfield.

[3] However the deal was not renewed and the stadium returned to its original name of Forthbank which it has kept since.

Stirling Council have started to develop around Forthbank constructing new sports and leisure facilities.

The council have also constructed the new St Modan's High School close to the stadium.