The station was opened on 27 April 1991 as part of the first section of the Yekaterinburg metro: "Prospekt Kosmonavtov" – Mashinostroiteley.

The station is located at the intersection of Starykh Bolshevikov and Ilyich streets with Kosmonavtov Avenue.

The platform is supported by mirrored chrome columns designed by Vyacheslav Butusov – at that time a graduate of Sverdlovsk Architectural Institute – to look like rockets.

The track walls are trimmed with Ukrainian labradorite and black marble with white veins of quartzite, reminiscent of the starry night sky.

The station has exits to six stops (including the end ones) of all types of ground transport: buses, trolleybuses, trams and fixed-route taxis.