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Denver Arena Owner Planning Improvements, Mixed-Use Venture
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Kroenke Sports & Entertainment (KSE) has committed to spending $135 million to renovate Ball Arena, the home arena for the Denver Nuggets and Colorado Avalanche. In addition, KSE has unveiled plans for a mixed-use project using some of the outdoor parking lots as building space.

The Denver Business Journal reports the upgrades include a large glass façade, new escalators, a new team shop, a widening of arena concourses to decrease congestion, new point-of-sale technology and three new club spaces, including one that with access to 100-level seating. 

Plans also call for a 721-foot-long plaza and outdoor gathering area in the southeast area. KSE will use Perkins&Will as the project’s architect.

It has also planned upgrades to its teams’ practice facilities, installing a 1,100-square-foot observation platform above the Nuggets’ practice court.

KSE plans to redevelop dozens of acres of parking lots around Ball Arena. The company envisions turning the lots into a new neighborhood with office space, residential units, a performance venue and a hotel,.

The post Denver Arena Owner Planning Improvements, Mixed-Use Venture appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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