After large renovations of the pitch and the entrance gates took place in 2009, the ground now also possesses an undersoil heating and a built-in spray-irrigation system aiming at a reduction of match cancellations due to bad weather conditions.
The finished stadium was inaugurated on 13 May 1934 with a friendly between PSV Chemnitz and SpVgg Greuther Fürth in front of 25,000 spectators.
On 13 July 1950, Chemnitz City Council decided to change name the stadium after the communist politician and Interior Minister of Saxony, Kurt Fischer, as he had died shortly before.
From the mid-1960s, FC Karl-Marx-Stadt occasionally played their home games in the larger Ernst-Thälmann-Stadion (now the Sportforum).
In 1989, the main stand of the Fischer-Stadion was covered which was used for the first time on 22 October of that year in an Oberliga match between FC Karl-Marx Stadt and 1.