The stadium was built on a land granted by the manager of Buenos Aires Western Railway in 1905. That same year the first wooden grandstand was built. The first official match was played here on 21 April 1907, when Ferro C. Oeste and Plate tied 2–2. In 1906, the first official grandstand was built. Due to being linked with the Western Railway company, the club hosted several sports activities in 1907 to celebrate the 50th. anniversary of first railway line in Argentina. some years earlier The first notable event hosted by the stadium was the 1907 Tie Cup final where Alumni defeated Uruguayan side CURCC 3–1. As Alumni did not have own venue, the team played its home matches at Ferro C. Oeste between 1907 and 1909. Although Ferro C. Oeste played in the Second Division, its stadium was a frecquent venue for several Primera División matches by other teams. When the Flores Athletic Club disbanded in 1907, Ferro Carril Oeste acquired some of its facilities such as tennis and paleta courts. In September 1931, the official grandstand was completely destroyed by fire, but was rebuilt. During the 1930s, the club got materials in change for football players. Some transfers made that way were Federici to Huracán and Arcadio López to Boca Juniors. In this case, the club received a whole wooden grandstand that had been part of the old Boca Juniors stadium. Two years later, Boca Juniors opened La Bombonera, made of concrete. The wooden grandstand was located on Martín de Gainza street. Apart from football, the stadium was used for midget car racings from the 1940s to the 1960s. In 1970, the club built a gymnasium under the official grandstand, which was inaugurated in 1972.
Concerts
Since the 1980s the Ferro Carril Oeste stadium has hosted a large amount of artists performing there, mostly rock bands. Local rockstar Charly García gave his first concert as soloist there in 1982, with an attendance of 25,000 people. The first international artist to have performed at Ferro was British band The Cure in 1987, in a caotic concert that finished in a riot where hooligans and policemen fight inside and outside the stadium. During the following years, several artists performed in the stadium, having hosted three editions of the Monsters of Rockmetal festival, in 1995, 1997 and 2005. Some of the most notable local bands performing at Ferro were Riff, Rata Blanca, Soda Stereo and Los Fabulosos Cadillacs.