Denver

Denver Sports Giant Expands Downtown Footprint with Major River Mile Property Acquisition

Ethan Reynolds

12 Jun 2025 — 1 min read

In a significant move that could reshape downtown Denver's entertainment landscape, Kroenke Sports and Entertainment (KSE) - the owner of Ball Arena and several major Colorado sports franchises - has announced its acquisition of key properties within the ambitious River Mile development area.

The purchase, revealed Thursday, expands KSE's already substantial presence in the Mile High City and signals potential changes for popular Denver attractions including Meow Wolf's Convergence Station and the historic Elitch Gardens property.

Impact on Denver's Entertainment Future

This strategic acquisition positions KSE to play a pivotal role in transforming one of Denver's most promising development corridors. The River Mile project, which spans a significant portion of downtown's western edge, represents one of the largest urban redevelopment opportunities in Colorado's capital city.

What This Means for Colorado Residents

Potential integration with existing KSE venues like Ball Arena
Questions about the future of current attractions in the area
Opportunities for new entertainment and community spaces
Possible impact on downtown Denver's entertainment options

KSE, which already operates major venues and owns teams including the Denver Nuggets, Colorado Avalanche, and Colorado Mammoth, could potentially create an expanded entertainment district connecting their existing properties with these newly acquired parcels.

Community Implications

For Denver metro residents and businesses, this acquisition could signal the beginning of a new chapter in the city's entertainment and cultural development. The move comes as downtown Denver continues to evolve, with increasing demand for mixed-use developments that combine entertainment, residential, and commercial spaces.

According to local reports, the purchase includes properties currently housing some of Denver's most popular attractions, though specific plans for the development have not yet been announced.

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