New Broncos Stadium

Last updated
New Broncos Stadium
New Broncos Stadium
Location Denver, Colorado
Coordinates 39°44′00.8″N105°00′26.4″W / 39.733556°N 105.007333°W / 39.733556; -105.007333
Owner Denver Broncos
Capacity TBD
Construction
Broke ground TBD
Opened2031 (planned)
Tenants
Denver Broncos (2031-)

The New Broncos Stadium is a planned retractable-roof stadium due to be constructed in the Lincoln Park neighborhood of Denver, Colorado on the former Burnham Yard rail site. It will replace Empower Field at Mile High, the current home of the Denver Broncos.

Contents

Background

The Denver Broncos currently play their home games at Empower Field at Mile High (previously called Invesco Field at Mile High, Sports Authority Field at Mile High, and Broncos Stadium). The outdoor stadium is currently the 15th oldest NFL stadium, having replaced Mile High Stadium as the Broncos home field in 2001. The stadium holds a capacity of 76,125. [1]

Following an internal ownership dispute among the family members of the late Denver Broncos owner Pat Bowlen in 2019, speculation arose concerning the potential sale of the team. [2] [3] In February 2022, Bowlen's estate officially announced the team was for sale [4] [5] , with potential buyers including Peyton Manning, [6] John Elway, [7] Robert F. Smith, [8] Jeff Bezos, [9] Byron Allen [10] , and Rob Walton [11] .

Speculation concerning the construction of a new stadium began growing after then-Broncos president Joe Ellis suggested that a new stadium would be "Issue No. 1 on the next owner’s plate". [12] [13] [14] In August 2021, Walmart fortune heir Rob Walton purchased the team from a record breaking $4.65 billion, the largest ever purchase for a professional sports team in history. [15] [16] [17] Following the sale, the new Bronco's ownership team refused to rule out replacing Empower Field with a new, state-of-the-art stadium in the future. [18] [19]

In December 2022, the new ownership group announced $100 million in renovations into Empower Field at Mile High, including the construction of a larger video board, improved concessions, and expanded hospitality space. [20] During the renovation annoucement, the team again refused to rule out the possiblity of a new stadium's construction in the distant future. [21]

History

In January 2023, the team partnered with Legends Hospitality to survey Broncos fans and stakeholders regarding the construction of a new stadium. [22] [23] The results found that a majority of fans preferred a new stadium with a retractable roof in a near-downtown location. There was also an overwhelming support for a mixed-use development, as well as a focus on the importance of non-gameday amenities and site accessibility.

Starting in August of 2024, various parcels of land were purchased by various Limited-Liability-Corporations(LLC) around the Burnham Yard rail site, a downtown state-owned, 58-acre property that predates Colorado statehood. [24]

On September 9, 2025, the Broncos, city of Denver and state of Colorado announced Burnham Yard as the preferred site for a new stadium. [25] [26] The stadium-anchored community hub will span more than 100 acres, with the team purchasing the 58-acre site for the stadium and 25 acres from Denver Water for surrounding land. [25] Private real estate acquisitions will make up the rest of the stadium complex. [25] The Walton-Penner Family Ownership Group also announced that they will privately fund the stadium, the land, the surrounding development, and the construction costs, with the city of Denver shouldering $140 million in infrastructure upgrades surrounding the area, including potential upgrades to Denver's Regional Transportation District (RTD) light-rail services to the area. [27]

References

  1. "What is the oldest NFL stadium? Soldier to SoFi in age". ESPN.com. 2025-09-04. Retrieved 2025-09-10.
  2. "Denver Broncos Ownership Dispute Clears a Hurdle in Court (Published 2019)". 2019-08-30. Retrieved 2025-09-10.
  3. "'None Of This Had To Happen': Bowlen Family Members Detail Internal Battle For The Broncos - CBS Colorado". www.cbsnews.com. 2021-11-16. Retrieved 2025-09-10.
  4. "Pat Bowlen Trust announces beginning of sale process for Denver Broncos". www.denverbroncos.com. Retrieved 2025-09-10.
  5. Grewe, Lindsey (2022-02-01). "Denver Broncos are officially for sale" . Retrieved 2025-09-10.
  6. Green •, Marsha (2021-09-19). "Peyton Manning Shows Interest in the Denver Broncos As a Potential Suitor". NBC 7 San Diego. Retrieved 2025-09-10.
  7. "Report: John Elway and Peyton Manning competing to buy the Denver Broncos". MARCA. 2022-01-19. Retrieved 2025-09-10.
  8. Rapp, Timothy. "Report: Robert F. Smith Not Planning Bid to Buy Broncos If Team Is Put Up for Sale". bleacherreport.com. Retrieved 2025-09-10.
  9. Klis, Mike (April 3, 2022). "The next Broncos owner could be among these 9 candidates".
  10. Gajewski, Ryan (2022-02-09). "Byron Allen Says He Plans to Bid on NFL's Denver Broncos". The Hollywood Reporter. Retrieved 2025-09-10.
  11. "Walmart Heir Rob Walton Is Planning to Bid for NFL's Broncos". Bloomberg.com. Archived from the original on 2022-08-09. Retrieved 2025-09-10.
  12. Coliseum (2022-04-28). "Denver Broncos in dire need of new stadium?". Coliseum. Retrieved 2025-09-10.
  13. "What do hypothetical Broncos stadium plans do to the real neighborhood of Sun Valley?". Denverite. 2022-03-11. Retrieved 2025-09-10.
  14. Anastasio, Jeff (2022-04-22). "Broncos Country, is it time for a new stadium? Here's what you have to say". Denver 7 Colorado News (KMGH). Retrieved 2025-09-10.
  15. Fenner, Jake (2022-08-10). "Here's the net worth of each person who just bought the Denver Broncos". Mail Online. Retrieved 2025-09-10.
  16. Upal, Sunni (2022-09-02). "Ten most valuable sports teams in the world after Denver Broncos $4.65bn sale". The US Sun. Retrieved 2025-09-10.
  17. Jones, Rory (2022-08-10). "NFL confirms Rob Walton's US$4.65bn Denver Broncos takeover". SportsPro. Retrieved 2025-09-10.
  18. Stoia, George (2022-08-10). "Walton-Penner ownership group detail structure, vision for managing Broncos". Denver Gazette. Retrieved 2025-09-10.
  19. Heath, Jon. "Meet the new Broncos ownership group". Broncos Wire. Retrieved 2025-09-10.
  20. Carrasco, Alexia. "Broncos announce $100 million upgrade to Empower Field".
  21. Frank, John (2022-12-13). "Denver Broncos to upgrade Empower Field as new stadium talks loom". Axios. Retrieved 2025-09-10.
  22. Klis, Mike. "Broncos to begin stadium research project with fans".
  23. "Broncos to begin fan research project to gather feedback on Empower Field at Mile High and gameday experience". www.denverbroncos.com. Retrieved 2025-09-10.
  24. "Broncos connected to real estate purchases around Burnham Yard, potential stadium site" . Retrieved September 9, 2025.
  25. 1 2 3 "Broncos announce historic Burnham Yard as preferred site for privately funded retractable roof stadium, mixed-use district" . Retrieved September 9, 2025.
  26. "Broncos unveil plans for a privately funded, retractable-roof stadium in Denver. Here's what we know" . Retrieved September 9, 2025.
  27. Klis, Mike (September 9, 2025). "Broncos announce preferred site for new retractable-roof stadium". 9news. Retrieved September 10, 2025.