Kroenke Empire Expands: Denver's Elitch Gardens and River Mile Project Under Full Family Control
In a major shift for downtown Denver's future development, Colorado sports mogul Stan Kroenke and his family have acquired complete financial control of Elitch Gardens, Meow Wolf Denver, and crucial South Platte River properties from their former partner Revesco Properties.
The consolidation marks a pivotal moment for the ambitious River Mile development project, which aims to transform central Denver's urban landscape with potential to double the downtown population through extensive riverside development.
"Realizing sole ownership of these properties will allow us to streamline our comprehensive vision for the future development encompassing The River Mile and the adjacent Ball Arena campus," stated KSE Owner and Chairman Stan Kroenke.
Impact on Denver's Beloved Attractions
For Colorado families concerned about the future of their summer traditions, KSE Executive Vice President Mike Neary offered reassurance: both Elitch Gardens and Meow Wolf will continue operations at their current locations - at least for the immediate future.
"A day at Elitch's is a rite of summer for more than a million visitors annually. We intend to keep it that way and better than ever," Neary emphasized.
Reshaping Central Denver's Future
The deal represents more than just a property transfer - it signals a new chapter in Denver's urban development. Revesco Properties, which had partnered with Kroenke since 2015, played an instrumental role in conceptualizing the River Mile project.
Local impacts of this consolidation could include:
- Streamlined decision-making for downtown Denver development
- Potential changes to beloved Colorado entertainment venues
- Increased urban density along the South Platte corridor
- New opportunities for residential and commercial growth
Looking Ahead
While immediate operations remain unchanged, the long-term future of these properties under complete Kroenke control remains uncertain. The family, which already owns the Denver Nuggets and Colorado Avalanche, now holds even greater influence over central Denver's development trajectory.
For Colorado residents and businesses, this consolidation of ownership could accelerate the transformation of downtown Denver, potentially creating new opportunities for housing, entertainment, and economic growth in the heart of the Mile High City.
This article contains AI-generated content and reflects opinion only. Readers are encouraged to verify all information independently before drawing conclusions or making decisions.
