Built in 1961, the arena was used primely for the basketball games of local Dinamo Tbilisi and is still the largest basketball designed arena in all of the former USSR successor states.[2] The construction was led by architects Vladimir Aleksi-Meskhishvili, Yuri Kasradze, Temo Japaridze and designer David Kajaia.[3] The dome, constructed of reinforced concrete, is around 76 meters in diameter, making it one of the largest domes in Europe at the time of its construction.[3]
The arena was renovated in 2007 and was reopened on 22 August 2007,[4] with management rights given to the Logic Group Ltd for a 30-year contract.[citation needed] This was the first phase of renovation and reconstruction, with the second phase including changing the roof of the building and installing new individual seats.[5] Total cost of the renovation is estimated at 5 million USD.[6]
In November 2024, it was announced that the arena was to undergo another significant renovation in order to modernise the facilities.[7][8]