In the early 1980s the popularity of minor league baseball was on the rise across the country. In 1984 several local business, community and civic leaders were interested in bringing minor league baseball to the City of South Bend. The group soon learned that the Midwest League was looking to add two expansion teams. In 1985 South Bend Mayor Roger O. Parent met with Robert and Debbie Staley from Decatur, IL. The Staleys had recently purchased an expansion team and were looking for a place to call home and South Bend was the perfect fit.
In March 1985 Mayor Parent announced that the city would build a minor league baseball stadium in downtown South Bend, located on the edge of the Studebaker Corridor with the intent to begin playing baseball in 1986. The stadium would serve as a catalyst for economic redevelopment in the area and would be the first minor league ballpark that featured suites.
In January 1986 it was announced that a 10-year player development contract had been signed with the Chicago White Sox and the Class A Affiliate would be known as the South Bend White Sox.
The stadium financing was secured and construction began in 1986 and in August of the same year, the Staleys sold the team to Eric Margenau and Jay Action from New York.
Stadium construction was completed in April 1987 and the ballpark was named Stanley Coveleski Regional Stadium. Stanley Coveleski was a Hall of Fame player who settled in South Bend after his successful baseball career came to an end in 1929. The stadium was known as "The Cove." The Cove was host to many amateur and local sporting events in 1987 and the South Bend White Sox began play in 1988.
In 1990 Alan Levin assumed ownership of the team. In 1994 the team contemplated a name change and settled on the South Bend Silver Hawks as a tribute to the Studebaker Silver Hawk automobile that was once manufactured across the street from the stadium.
The player development contract with the South Bend White Sox expired after the 1996 season and the South Bend Silver Hawks announced a new affiliation with the Arizona Diamondbacks, which continues to this day.
In 2005 the City of South Bend was faced with the possibility of losing the South Bend Silver Hawks amid rumors that the team would be purchased by another out of town owner and relocated to Marion, IL. However, the intent of the Midwest League and the City of South Bend was to keep baseball in South Bend and the deal was declined.
Joe Kernan, former Mayor of South Bend, Lt. Governor and Governor of the State of Indiana, announced his intention to purchase the team. On September 16, 2006 Kernan announced that the sale of the South Bend Silver Hawks was finalized; the team would remain in South Bend and continue to be affiliated with the Arizona Diamondbacks.
The South Bend Silver Hawks celebrated the 20th Anniversary Season in 2007 and welcomed the 4 Millionth Fan to The Cove.
In 2010 due to the wear and tear of a ballpark for 25 years the stadium was in desperate need of improvements and upgrades. With the stadium being a city-owned facility, Mayor Steve Luecke and the South Bend Redevelopment Commission proposed a 10.2 million dollar renovation that would help add amenities to the ballpark and make it more inviting. The South Bend Common Council rejected a portion of the funding in which the city would do a 7 million dollar makeover. Demolition and construction would start in the fall of 2010 that would include a new picnic garden, renovated suites, new videoboard, a 360 degree concourse and a centerfield entrance that connected stadium to downtown South Bend.
In November of 2011, the Silver Hawks were bought by Andrew T. Berlin, owner of the Chicago-based company Berlin Packaging, and investor in the Chicago White Sox organization. Upon his purchase of the team, Berlin signed a 20 year lease with the City of South Bend to keep the Silver Hawks at the stadium.
Berlin also initiated a new phase of renovations at the stadium. $2.25 million of his own money and an additional $1.75 million to the facility has brought improvements and additions such as a splash pad, outdoor suites and a new team store located in the previously vacated synagogue located beyond left field.
In January 2012 Berlin announced that Joe Hart would be named as the new president of the Silver Hawks. Hart was named Florida State League Executive of the Year at the conclusion of the 2011 season and brings more than 15 years of baseball experience to South Bend.
The 2012 season marked the Silver Hawks' 25th year of baseball in South Bend, but under the new ownership and management, it was the start of a new era focused on customer service and the ultimate fan experience. During that first season under Berlin's ownership, the franchise increased its attendance by 68% over the previous year.
The 2013 season was highlighted by a blockbuster Opening Night, with a franchise record attendance of 5,650 fans, and the stadium welcoming the 5 millionth fan through the gates. Total attendance for 2013 was up 25% from 2012's total attendance of 189,575 and doubled since 2011's season total attendance of 112,795.
September 5, 2013 The South Bend Silver Hawks announced that it reached an agreement with the Pokagon Band of Potawatomi Indians, owners of Four Winds Resorts, for naming rights to its field which will now be known as Four Winds Field. As part of the agreement, a permanent bronze memorial bearing the name and likeness of Stanley Coveleski will be installed at the main entrance in his honor.
September 25, 2014 The Class A minor league baseball team playing out of Four Winds Field in downtown South Bend announced the team has changed names from South Bend Silver Hawks to the South Bend Cubs. The announcement was made official by Andrew Berlin, sole owner of the team who was joined by the President of the South Bend team and top management from the Chicago Cubs in a press conference held at the St. Joseph County Chamber of Commerce.