Kroenke Family Gains Full Control of Denver's Elitch Gardens, Setting Stage for Massive Downtown Transformation

In a major shift that could reshape downtown Denver's future, 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 development partner, Revesco Properties.

The deal marks a significant milestone for Colorado's urban development, particularly the ambitious River Mile project, which aims to potentially double downtown Denver's population through extensive 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.

Impact on Colorado Families and Popular Attractions

For the thousands of Colorado families who make annual pilgrimages to these Denver landmarks, both Elitch Gardens and Meow Wolf will continue operating at their current locations - at least for the immediate future. As KSE Executive Vice President Mike Neary emphasized, "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."

River Mile Development: A Transformative Vision for Central Denver

The consolidation of ownership under the Kroenke family represents a crucial turning point for the River Mile development, which has been in planning since 2015. Revesco Properties' CEO Rhys Duggan expressed confidence in the transition:

"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."

What This Means for Colorado's Future

The acquisition signals potentially massive changes for Colorado's capital city. Key implications include:

• Streamlined decision-making for downtown Denver's largest planned development
• Potential for thousands of new housing units along the South Platte River
• Questions about the long-term future of beloved Colorado attractions
• Integration with the Ball Arena campus, home to the Denver Nuggets and Colorado Avalanche

While the Kroenke family has not yet detailed their long-term plans for these properties, this consolidation of ownership puts them in position to dramatically reshape central Denver's landscape for generations of Colorado residents 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.