The stadium was opened on 4 June 1895 as part of the sports pavilion of the Rhédey Garden.

Located in the southwestern part of the city between Nicolae Bălcescu Park and Oradea Zoological Garden, the stadium is considered to be the birthplace of many sports in the city located on the banks of the Crișul Repede river.

Besides historical and sentimental value, the arena has also an architectural value, in the northern end of the stadium being a ground floor building and two small towers originally built to serve for dancing, a new restaurant and a buffet.

The building is the work of famous architects Kálmán Rimanóczy Sr. and Kálmán Rimanóczy Jr.[1] On 14 May 1898 on Stadionul Tineretului was held the first cycling contest and on 1 June 1902, the first football match was played.

The stadium was also the home ground of Club Atletic Oradea from its foundation until 1924, when Stadionul Iuliu Bodola was opened.