The station is located near the Sudirman Central Business District (SCBD), which houses the Indonesia Stock Exchange, Pacific Place mall, and Ritz-Carlton hotel, among others.

The word Istora in its name comes from Istora Gelora Bung Karno, located within Gelora Bung Karno Sports Complex nearby the station.

Jendral Sudirman in Kebayoran Baru, South Jakarta.

Nearby is the shopping mall of Pacific Place, the Ritz-Carlton Hotel, and the Indonesia Stock Exchange, all located within the greater Sudirman Central Business district (SCBD).

The station was officially opened, along with the rest of Phase 1 of the Jakarta MRT on 24 March 2019 (2019-03-24).