The team began play in 2015 at Louisville Slugger Field, a minor league baseball park, but expressed interest in building a soccer-specific stadium after reaching attendance goals.

[2] As part of the shared five-year arrangement at Slugger Field, Louisville City FC paid for minor renovations, including a retractable pitchers mound designed by the original team owner Wayne Estopinal, and a rental fee of $5,000 per match.

[5] In August 2015, high-level talks with Mayor Greg Fischer concerning stadium planning began as the club also explored bidding for an MLS franchise.

[6] Estopinal and Metro Councilman Dan Johnson proposed a site at Champions Park, a former country club northeast of downtown, for a stadium that would initially seat 10,000 spectators and expand to 20,000 for an MLS team.

[8] The study was completed in August and recommended a 10,000-seat stadium that would cost $30–50 million depending on the mix of public and private funds, but did not name potential sites.

In a December interview with The Courier-Journal, he revealed that the club had been actively acquiring property at a proposed site and were negotiating a public–private partnership to fund the project.

[12] In September, Mayor Fischer announced a $30 million financing plan from the city that would buy the necessary parcels at the stadium site and contribute to infrastructure improvements.

[27] The club and city government hosted a groundbreaking ceremony for the project on June 28, 2018, which included the ownership group, Kentucky governor Matt Bevin, and Louisville mayor Greg Fischer.

[30][31] Construction was completed in early March, with a formal handover ceremony as Louisville City FC (Soccer Holdings, LLC) took possession of the stadium.

[42] The venue's first concert was on May 8, 2022, when Janet Jackson performed with a stage and temporary floor area specially designed to protect the turf.