The stadium was opened in 1928 as a dedication to the 10th anniversary of the Komsomol and was considered the most modern stadium in the city at the time with seating capacity of 10,000 spectators and home to the Odesa city football team.
After World War II, Kharchovyk Odesa (predecessor to Chornomorets) played in the stadium for two years (1945–46). In 1950s, it was a home to football school. In 1960s, here played FC Avtomobilist Odesa that played in lower leagues.
The stadium was in decline and there were attempts in the 1970s to demolish the ground, partially related to construction of the Odesa theatre of Music Comedy. Due to protests of residents, the stadium was preserved. In the 1980s, a pervasive effort was made to reconstruct the ground. After complete reconstruction, two new stands were built instead original horseshoe-shaped and capacity was reduced to 6,000.