The stadium was built in 1974 to celebrate the Coronation of the fourth Druk Gyalpo, King Jigme Singye Wangchuck in 1974. It had a capacity to hold 10,000 spectators. However, it was completely refurbished in 2007 to accommodate 25,000 spectators for the Centenary of Wangchuk Dynasty rule in Bhutan and also the Coronation Celebrations of the fifth king of Bhutan, Jigme Khesar Namgyal Wangchuck, held on November 6, 2008. It now covers an area of about 11 hectares (27 acres). This was also the location where national celebrations were held from the time of the 3rd King of Bhutan.