Broncos Acquire Land Near Burnham Yard for Stadium

The Denver Broncos, owned by the Walton-Penner Family Ownership Group, have spent over $146 million through LLCs since August 2024 to acquire at least 13 parcels of land around the 58-acre Burnham Yard railyard in Denver. These land purchases, managed by an attorney with close ties to the Broncos’ legal team, have heightened speculation about a new stadium site as the team's lease at Empower Field expires after the 2030 or 2031 season. Team officials confirm an ongoing review of stadium options across Denver but have not committed to relocating. Burnham Yard, while a leading candidate, may need additional land due to its current size, and plans could include an adjacent entertainment district. Local leaders and business owners in neighborhoods like Sun Valley and La Alma-Lincoln Park have raised concerns about the impact on community redevelopment and the area's cultural significance. The ownership group continues to emphasize a long-term vision for modernizing the Broncos' facilities.