The project near Ball Arena is being proposed by Kroenke Sports and Entertainment — the company that owns the Nuggets and Avalanche — and it would largely replace an area that now is mostly parking…
Fans enter Ball Arena prior to the start of Game 2 in the 2022 NHL Stanley Cup Finals as the Colorado Avalanche play against the Tampa Bay Lightning at Ball Arena on Saturday, June 18, 2022.A massive redevelopment project surrounding Ball Arena that would transform downtown Denver over the next three decades by adding thousands of new homes, commercial property and open space received approval Wednesday from a key city board.
The project is being proposed by Kroenke Sports and Entertainment — the company that owns the Nuggets and Avalanche — and it would largelyThe development at 1000 Chopper Circle would “stitch together” the city’s three major sports venues — Empower Field at Mile High, Coors Field and Ball Arena — while also connecting downtown neighborhoods such as Sun Valley, Jefferson Park and Lower Downtown that now are split by busy streets, railroad tracks and the Platte River, according to a vision plan on...
The Kroenkes own 80% of the property included in the plans, but the Auraria Higher Education Center, Regional Transportation District and Xcel Energy also have interest in the land. Kroenke has been negotiating with the city for two years onand how the city will protect affordability, cultural interests and coveted views of the mountains, the South Platte River and downtown.
As part of the deal, city planners are working on a community development agreement that would allow Kroenke Sports and Entertainment to build taller structures as long as they meet certain provisions laid out by planners. If approved, the new zoning code would restrict towers to either five stories or 70 feet tall unless those provisions are met. Those provisions include the 18% affordable housing component as well as an agreement to build a new Denver recreation center, Lechuga said.
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