And given the properties the two projects that KSE has in the works back up into the Empower Field property-only separated by the River Platte and Interstate 25, which bridges over that area-it’s an interesting question to ask if these projects may merge somewhere down the line? Particularly if Rob Walton, also of Walmart fortunate and part of the larger family, wins ownership of the Broncos.Ī combined stadium district, the possibility of a Rapids stadium downtown, and more have to be considered high up within KSE-not just the high rising littering the Ball Arena campus in the plans to the city that we’ve seen. The Broncos have even talked about similar projects. But Coors Field has never been a dump, and they first made visible incremental improvements to the upkeep of the baseball field before building their money-maker across the street. The Rockies building of McGregor Square shows that ownership can make big bucks from creating entertainment, business, and living areas around sports venues. Yet the redevelopment projects are not unique around the city or country. Do they care about the community, or do they care about the money from the new buildings? These questions will be answered in time. Suppose they build two new communities around the arena without taking care of their teams first. The Kroenke family views their clubs as communal assets and they are the custodians. But we’re not quite there yet to really show what we’re going to do.”
“ I’ve seen some of the preliminary plans, and we’ve had a lot of meetings about them. “There are certain parts of the development that are just going to be slower than others, but this would be one area where I’d think if we focused on it we could get that thing moving faster than some of the other areas involved, whether it’s a high rise or down by the river,” Kroenke said about a practice facility. A practice facility for the anchor tenants would seem to be atop the list, given land ownership around the arena coupled with the value of those clubs and how easily it could positively impact the Avs and Nuggets. Small changes have been made to Ball Arena over the years, but nothing huge. The two properties are a 55-acre site anchored by the arena and across the train tracks a 62-acre site that Kroenke bought in 2015, dubbed The River Mile, which was rezoned to allow for construction in 2018, no visible work has taken place. He owns Ball Arena, Elitch Gardens amusement park, and the land around each. The elder Kroenke is a real estate developer. Josh’s father, Stan Kroenke, is the owner of the Colorado Avalanche, Denver Nuggets, Colorado Mammoth, Colorado Rapids and Los Angeles Rams. Kroenke’s plans are specifically for The River Mile and the Ball Arena redevelopment, which could potentially expand downtown Denver by 40%, according to a “large development review” s ubmitted by Kroenke Sports & Entertainment to the city in March. But plans are in place to build a facility that will not only make Avs and Nuggets players, coaches, and staff very proud but the city of Denver as well.” There are numerous hurdles that go into such a large development involving aspects that we don’t control, like zoning and entitlements, things of that nature. We’re involved with Elitch Gardens here next door.
“With KSE, we have a very entrepreneurial spirit, and the announcement got leaked a month ago. “As an organization, KSE (Kroenke Sports & Entertainment) is publicly committed to continual improvements in and around Ball Arena, and I think that’s been evident over the last several years,” Kroenke answered a question from Denver Fan on Friday.
With the improving teams, it’s only fair that their facilities get upgraded too, right? Over five years later, the only thing that has happened is that Ball Arena’s teams have gotten exponentially better. In 2017, team President/Governor for the Denver Nuggets and Governor of the Avalanche Josh Kroenke told the Denver Post that ownership was working on plans.
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