The park was established following the completion of a sports complex built for the hosting of the 1998 Palarong Pambansa,[4] which includes the Panaad Stadium in Barangay Mansilingan of Bacolod.

The area was then made as the primary venue of the Panaad Festival which was previously held at the Capitol Park and Lagoon from 1993 to 1996, and at Bredco Port in 1997.

[7] The 25-hectare Panaad Sports Complex, lined with eucalyptus trees and the 32 attractive pavilions for each local government unit.

Each pavilion features the history, commerce, tourism, trade products and services, arts and culture, and food of the particular town or city.

The unfinished Negros First Animal Hub, a venue meant for trade of livestock and poultry and related-research and development to boost the agriculture of the province is also hosted inside the park.