Kroenke Family Expands Denver Entertainment Empire: Future of Elitch Gardens and River Mile Development Impacts Mile High Residents

In a major shift that could reshape downtown Denver's landscape and entertainment scene, billionaire Stan Kroenke and his family have acquired full financial control of several iconic Colorado properties, including Elitch Gardens, Meow Wolf Denver, and crucial land parcels along the South Platte River from their former partner Revesco Properties.

This strategic consolidation directly affects more than 1 million annual visitors to Elitch Gardens and signals potential changes for Denver metro families who have made the amusement park a summer tradition for generations.

Impact on Denver's Future Growth

The acquisition is part of an ambitious development known as The River Mile project, which could dramatically transform central Denver. The plan's scope is staggering - potentially doubling downtown Denver's population through high-density development along the South Platte River corridor.

"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," said KSE Owner and Chairman Stan Kroenke.

What This Means for Colorado Families

For Colorado families concerned about the future of beloved attractions, KSE Executive Vice President Mike Neary offered reassurance: "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."

Key Development Details

• Kroenke Sports & Entertainment (KSE) now has complete control over Elitch Gardens operations
• Meow Wolf Denver will continue current operations in its location
• The River Mile development could significantly impact housing and entertainment options for Denver metro residents
• Former partner Revesco Properties had been involved since 2015 before selling its interests

While immediate operations at both Elitch Gardens and Meow Wolf will continue unchanged, long-term plans for these properties remain unclear, leaving many Colorado families wondering about the future of these popular entertainment destinations.

"We believe the blueprint has been set for the future of Central Denver and that both the Park and The River Mile vision are in good hands with Mr. Kroenke and his family," stated Rhys Duggan, President and CEO of Revesco Properties.

As the Kroenke family adds these properties to their Colorado portfolio, which already includes the Denver Nuggets and Colorado Avalanche, their growing influence on Denver's entertainment and development landscape continues to expand, potentially reshaping how Colorado families experience their capital city for generations to come.

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