Under a deal reached with the Denver Broncos, Denver Water may feel less pressure to acquire the nearly two dozen parcels the utility was pursuing near its campus in the Lincoln Park neighborhood.
Denver Water has agreed to sell 25 acres of its 36-acre campus, giving the Broncos a key block of land they need to build a new stadium and mixed-use entertainment district at Burnham Yard, a former Union Pacific railyard the state owns. And the team, in return, has agreed to help pay for new land to replace what the utility is losing, as well as all relocation expenses.
“While this is not something we sought, Denver Water understands the significance of this opportunity for the city of Denver and the economic importance for the larger community we serve,” explained Denver Water CEO and Manager