Could the Denver Broncos have a new home soon?

The Denver Broncos have chosen a preferred site for their new stadium — and it’s only about a mile from where they already play.

Burnham Yard, a 58-acre site in Denver, is in line to be the Broncos' new home in 2031. The project would be “privately financed,” according to a Sept. 9 announcement from team owners Greg Penner and Carrie Walton Penner, Colorado Gov. Jared Polis and Denver Mayor Mike Johnston.

The plan calls for a retractable-roof stadium as the catalyst for a new mixed-use development across the site.

“These shared public improvements will ensure benefits extend far beyond gamedays with better accessibility, connectivity and multimodal transit options,” the announcement said.

What is Burnham Yard?

Burnham Yard, as the name implies, was formerly a railyard. Union Pac