Denver Nuggets and Colorado Avalanche team president Josh Kroenke on Tuesday morning signed a deal that ties those franchises to Ball Arena and the land around it through 2050 — just hours after the City Council gave key approvals for a massive redevelopment on the site. In signing a revised agreement with Denver Mayor Mike Johnston, the Kroenke family added 20 years to their legal commitment to the city. It came at a time when sports owners and municipal officials regularly have knock-down, drag-out fights over financing for stadiums, and even teams with decades of history in their cities, like the Oakland Athletics, are willing to decamp for communities willing to pony up more dough.
Similar Stories to Denver Nuggets, Avs Sign Commitment To Ball Arena Property Until 2050 Under Redevelopment Deal on Bing News
Joe Rubino, Denver Post
Tue, 10/22/2024 - 5:15pm
Topics: denver nuggets colorado avalanche denver mayor mike johnston oakland athletics nfl st louis rams los angeles this mayor johnson fresh matt mahoney kroenke sports entertainment s solving speer boulevard kse elitch gardens theme water park tuesday s josh s pepsi center avs nuggets colorado mammoth in denver sofi stadium southern california oct photo rj sangosti/the denver post related articles denver city council measure denver s i nhl mvp nathan mackinnon our stay colorado politics spot denver a colorado avalanche kroenke josh kroenke ball arena city council johnston kroenkes stan kroenke mahoney kse tuesday politics sign commitment property redevelopment deal parking project building event franchises team lots downtown years public grounds site massive hours plans people units neighborhoods family agreement east president teams expected history decades urban today skyscrapers neighborhood million night legislation community terms nearby
BING NEWS:
- Kroenke Sports & Entertainment officials lay out what's to come for parking lots surrounding Ball Arena
The project's goal is to connect Ball Arena — home of the Colorado Avalanche, Denver Nuggets and Colorado Mammoth — to surrounding neighborhoods while creating a new neighborhood, as well.
10/22/2024 - 3:58 pm | View Link - Denver Nuggets, Avs sign commitment to Ball Arena property until 2050 under redevelopment deal
The acres of parking lots that surround the 25-year-old arena today are expected to transform over the next 30 years or so into a mixed-use urban neighborhood.
10/22/2024 - 1:18 pm | View Link - Denver City Council approves 55-acre development around Ball Arena
The project could take two decades to complete and would include new entertainment, dining and wellness options. It's possible it won't be finished until 2050.
10/22/2024 - 12:36 pm | View Link - Denver Secures Nuggets and Avalanche Presence Through 2050 with Innovative Redevelopment Plan Around Ball Arena
Denver's Mayor and KSE agree to keep Nuggets and Avalanche in the city until 2050, with Ball Arena area redevelopment.
10/22/2024 - 11:58 am | View Link - Denver's mayor says Nuggets, Avalanche will stay at Ball Arena through 2050
Denver Mayor Mike Johnston said that the Denver Nuggets and Colorado Avalanche will stay at Ball Arena for the next 26 years, until 2050.
10/22/2024 - 10:26 am | View Link - More
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