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 on Thursday, represents a major expansion of KSE's presence in the heart of Denver, where the company already operates Ball Arena, home to the Denver Nuggets and Colorado Avalanche. This strategic acquisition includes properties currently housing popular attractions like Meow Wolf Denver and the historic Elitch Gardens.

Impact on Denver's Entertainment Future

This development carries significant implications for Denver metro residents and businesses, potentially transforming one of the city's most promising entertainment districts. The River Mile area has been envisioned as a transformative urban development project aimed at revitalizing the South Platte River corridor.

Current venues like Meow Wolf Denver continue normal operations
Expansion strengthens Denver's position as a major entertainment hub
Potential for new development could create local jobs and economic opportunities

Local Business Impact

For Colorado's business community, this acquisition signals continued investment in Denver's entertainment infrastructure. Local business owners and entrepreneurs may benefit from increased foot traffic and tourism opportunities as the area develops under KSE's leadership.

This expansion builds upon Denver's growing reputation as a premier sports and entertainment destination, potentially drawing more visitors and revenue to the downtown area while creating new opportunities for local businesses and residents alike.

According to local reports, the transaction marks one of the most significant real estate deals in recent Denver history, though specific financial terms were not disclosed.

This article contains AI-generated content and reflects opinion only. Readers are encouraged to verify all information independently before drawing conclusions or making decisions.

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