The Denver Broncos have officially announced Burnham Yard, a historic 58-acre former railyard in Denver, as the preferred site for their new stadium. The state-of-the-art facility, featuring a retractable roof, is expected to open by the 2031 NFL season. The project, privately funded by the Walton-Penner Family Ownership Group, will also anchor a mixed-use development that aims to transform the area into a vibrant hub of activity.
A Vision for Burnham Yard: From History to Future
Burnham Yard, located near the South Platte River and I-25, holds a deep historical significance for Denver. Once a bustling railyard that played a critical role in the city’s industrial growth during the 1940s and 1950s, the site is now poised for a transformative redevelopment. The Broncos’ announcement marks the culmination of years of planning and negotiations involving Denver Mayor Mike Johnston, Colorado Governor Jared Polis, and the Walton-Penner Family Ownership Group, who acquired the Broncos in 2022. According to Denver7, the project will aim to respect the rich history of the site while modernizing it for contemporary needs.
The new stadium will not only serve as the home field for the Broncos but will also host a range of events, from concerts to major sporting events like the Super Bowl and NCAA Final Four. The retractable roof is expected to enhance the stadium’s year-round utility, making it a landmark venue in the Rocky Mountain region. Denver Mayor Mike Johnston called the development a “win-win-win” for the city, citing its potential to boost economic activity while preserving Denver’s legacy as the home of the Broncos.
Funding and Infrastructure: A Shared Civic Effort
The Broncos have committed to privately funding the stadium, ensuring that no new taxes will be levied for its construction. However, The Denver Post reports that tax-increment financing (TIF) and other public funding mechanisms may be used for surrounding infrastructure improvements. These include $140 million in proposed road and bridge upgrades near Burnham Yard, as part of Denver’s “Vibrant Denver” bond package, which will go before voters in November.
Additionally, the project has sparked debates about the role of public funding in large-scale developments. While city officials have emphasized that the stadium itself will not rely on taxpayer dollars, infrastructure improvements such as the removal of the 8th Avenue viaduct and the reconfiguration of the 6th Avenue bridge are seen as critical to the site’s success. Denver Water has also confirmed that it will relocate several facilities to accommodate the new stadium, with all costs covered by the Broncos’ ownership group.
The Walton-Penner Family Ownership Group, the wealthiest in the NFL, has pledged to work closely with local communities and the Denver City Council to ensure the project aligns with public needs and priorities. Broncos owner Greg Penner described the announcement as “a meaningful checkpoint” in the planning process, emphasizing the importance of transparency and collaboration.
Community Concerns and Historical Preservation
The redevelopment of Burnham Yard has not been without controversy. Community members and advocacy groups, such as Historic Denver, have raised concerns about the loss of historic buildings on the site. According to Denverite, several structures tied to Denver’s working-class history, including those used by women and Black workers in the mid-20th century, were demolished earlier this year without prior notice to local residents.
David Riggs, representing the La Alma Lincoln Park Neighborhood Association, criticized the lack of transparency in the demolition process, calling it “disrespectful” to the community’s heritage. In response, the Broncos have committed to an inclusive Community Benefits Agreement (CBA) process, which will involve extensive consultations with local neighborhoods, community organizations, and the Denver City Council. The goal is to ensure that the project benefits all stakeholders while preserving the area’s historical significance.
Denver Water, which owns adjacent land, has also played a key role in the planning process. The utility confirmed that it would relocate several operational facilities, with costs covered by the Broncos. This move is expected to further open up the area for redevelopment, contributing to the broader vision of a mixed-use district that blends sports, entertainment, housing, and business.
The Future of Empower Field at Mile High
As the Broncos prepare to move to Burnham Yard, questions remain about the future of their current home, Empower Field at Mile High. The team’s lease at the stadium expires in 2030, after which the 80-acre site will revert to the city of Denver. Mayor Johnston has expressed interest in redeveloping the area into a thriving neighborhood with housing, parks, and other community amenities.
While the new stadium represents a significant shift for the Broncos, it also underscores the team’s enduring commitment to Denver. “The Broncos have been, since Day 1, an integral part of this city’s cultural fabric,” said Greg Penner. By choosing Burnham Yard, the team aims to honor its historical roots while laying the groundwork for a dynamic future.
The Denver Broncos’ decision to build their new stadium at Burnham Yard marks a bold step toward revitalizing a historic site while fostering economic growth and community engagement. With plans to open by 2031, the project promises to redefine Denver’s sports and entertainment landscape for generations to come.

