the stadium was built at the previous location of a brazilian army powder depot. in 1934, the stadium was renamed estádio joaquim américo guimarães. in the 1970s, the original stadium was closed down. after being reopened in 1984 and operating for some years, the old stadium building was demolished on march 26, 1997, right after a construction project of a new arena was announced. in june 1999, the new stadium was built. in 2005, the stadium was renamed "kyocera arena", after the japanese company kyocera purchased the naming rights.