Kroenke Family Takes Full Control of Denver's Elitch Gardens, River Mile Project in Major Downtown Shakeup
In a significant move 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 acquisition strengthens the Kroenke family's influence over central Denver's development, particularly the ambitious River Mile project - a transformative plan that could potentially double downtown Denver's population through extensive riverside development.
Impact on Colorado Families and Popular Attractions
For the millions of Colorado families who consider Elitch Gardens a summer tradition, 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."
"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."
Both Elitch Gardens and the popular Meow Wolf Denver attraction will continue operating in their current locations for the immediate future, though long-term plans remain unclear.
Vision for Denver's Future
Kroenke, who already owns the Denver Nuggets and Colorado Avalanche, explained the strategic move:
"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."
"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."
Changes for Central Denver
The transition marks the end of a significant partnership with Revesco Properties, which had been instrumental in the River Mile project since 2015. Revesco's CEO Rhys Duggan expressed confidence in the transfer:
"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."
"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 Residents
- Continued operation of beloved family attractions in the short term
- Potential for massive urban development along the South Platte River
- Consolidated control of key downtown properties under local ownership
- Major implications for Denver's future population growth and housing
As this development unfolds, many Colorado families and businesses are watching closely to see how these changes will affect access to longtime recreational destinations and reshape 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.
