Broncos Country,
Today marks an important step forward in a shared vision for the Denver Broncos, the city of Denver and the state of Colorado.
Together, we are pleased to announce historic Burnham Yard in the heart of Denver as the preferred site for a world-class retractable roof stadium anchoring a dynamic mixed-use district. Once a vital railyard that played a key role in Denver's past, Burnham Yard now represents a transformational opportunity to reimagine the future with deep respect for the rich history of the area.
In the spirit of a true civic partnership, the Walton-Penner Family Ownership Group will privately fund this investment and work with the community, city and state to reconnect historic neighborhoods—with no new taxes. These shared public improvements will ensure benefits extend far beyond gamedays with better accessibility, connectivity and multimodal transit options.
While this is an exciting milestone, we recognize there is much more work to be done ahead of a targeted stadium completion for the 2031 NFL season. Today is not yet a celebration but rather a meaningful checkpoint reflecting years of research, collaboration and planning as well as necessary land agreements and feasibility studies.
Most importantly, this announcement marks the beginning of a much deeper and transparent phase of broader engagement with our neighbors.
The Broncos are fully committed to a strong and inclusive Community Benefits Agreement process that will begin immediately. Together, we will work hand-in-hand with the Denver City Council, local neighborhoods and community organizations—including Denver Water—to shape this vision with their needs and priorities in mind.
Our goal for this ambitious project is to build a community that connects fans, neighbors and future generations across Colorado. In addition to creating a modern new home for the Broncos, this vibrant hub will attract premiere events driving impact for Denver and the entire Rocky Mountain Region.
With a storied history that predates Colorado statehood, Burnham Yard stands poised to be revitalized into a thriving development where sports & entertainment, housing, business and community blend to create a one-of-a-kind year-round destination.
Denver has been the proud home of the Broncos since Day 1. This community-inspired vision will allow our city and team to continue to grow and thrive together at Burnham Yard.
There is a long road ahead and we believe we can get there together. Every step of the way, our approach will be guided by humility, respect and a shared commitment to the city of Denver, state of Colorado and all of Broncos Country.
Sincerely,
Greg Penner & Carrie Walton Penner, Broncos Owners
Mike Johnston, Denver Mayor
Jared Polis, Colorado Governor
