The acres of parking lots that surround the 25-year-old arena today are expected to transform over the next 30 years into a mixed-use urban neighborhood.
Josh Kroenke, vice chairman of Kroenke Sports and Entertainment, speaks during a press conference about plans for long-term redevelopment of the Ball Arena area in Denver on Tuesday, Oct. 22, 2024. On the previous night, the Denver City Council voted to approve the necessary rezoning for new development and the redevelopment of areas around Ball Arena.
Fresh off a public hearing lasting nearly four hours the night before, Matt Mahoney, Kroenke Sports and Entertainment’s senior vice president for development, said in an interview that he expected the multi-phase project to begin with a focus on better connecting the 70-acre property with existing downtown neighborhoods to the east.
The terms of the larger deal include the right for KSE to build a new arena on the same property or nearby, on the grounds now occupied by Elitch Gardens Theme and Water Park — which is slated for a separate redevelopment project. In Denver, the Kroenkes plan to blend their knack for building winning sports franchises with their penchant for landscape-shifting urban development, as they did with SoFi Stadium and its surroundings in Southern California.Measure viewed as potential fix for downtown Denver’s “doom loop” headed to some city voters in November
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