The stadium was completed in 1925 to serve as a regional athletic and special events facility.

Recently plans have been set afoot to complete the memorial.

As part of a large scale renovation of the facility which included the installation of a new artificial turf playing surface, there are plans to move a World War II memorial onto the site.

Memorial Stadium is currently home to the Asheville Grizzlies - a semi-pro football team in the Central Carolina Football League - and Asheville City Soccer Club, who compete in USL League Two and USL W League.

[1] Memorial Stadium sits adjacent to McCormick Field, home of the South Atlantic League's Asheville Tourists.