Other than for being a home ground for the club, the stadium was built to promote sports (particularly football) in the Otoka district of Sarajevo, as there was no other sports club or stadium in Otoka at the time.

Within this sports complex lies the Otoka olympic swimming pool, used by the Bosnia and Herzegovina men's national water polo team.

This caused a temporary relocation of FK Olimpik to the Grbavica Stadium.

It was then announced that the renovated stadium, which should have been able to seat about 7,200 people, was supposed be opened on fifth round of the 2011–12 Bosnian Premier League season against FK Željezničar on 27 or 28 August 2011.

Since then, the stadium has stayed in that condition ever since, with minor renovations just to meet the Football Association of Bosnia and Herzegovina standards.