• Loading stock data...
Sunday, April 21, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Sports As Much About Real Estate As Titles for Stan Kroenke

  • Beginnings of arena renovation add to larger development plan
  • Highly successful owner also pursuing several other sports-related real estate projects
Ron Chenoy-USA TODAY Sports

One of the most successful owners in all of U.S. pro sports is hoping to extend his real estate development magic to his other franchises.

Stan Kroenke, who owns the Los Angeles Rams and led the creation of SoFi Stadium in California, has begun preliminary efforts to upgrade Ball Arena, the downtown Denver home to the NBA champion Denver Nuggets, the NHL’s Colorado Avalanche, and the NLL’s Colorado Mammoth he also owns — as well as the area immediately around it. 

Kroenke’s holding company, Kroenke Sports & Entertainment, said it is beginning a multifaceted process this week to upgrade the 24-year-old Ball Arena.

The emerging, arena-focused effort adds to a broader plan KSE introduced last year for a 55-acre, mixed-use development around the venue — which would include housing, downtown green space, pedestrian and bike lanes, offices, a hotel, and retail. 

Kroenke also has a separate ongoing project in Woodland Hills, California, that will create a new headquarters and practice complex for the Rams, as well as additional potential real estate projects in suburban Denver and San Diego.

The owner has won four major league titles since the start of the last year with the Rams, Nuggets, Avalanche, and Mammoth all claiming championships.

The New Stadium Trend

The overall vision KSE is advancing would be the latest in a fast-growing trend of using sports facilities as the center of sports-centered mini-cities. Other such examples either in existence or in development can be found in locales such as Atlanta, Kansas City, Phoenix, and Las Vegas.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Rockies Coach’s Team Plane Cockpit Visit Triggers Federal Investigation

A since-deleted video shows him sitting in the cockpit mid-flight.
Alex Rodriguez, Anthony Towns

Timberwolves’ Playoff Start Is Clouded by a Messy Ownership Dispute

No one knows who the Timberwolves’ owner will be in the future.

Diamond Sports Group Is About to Survive Bankruptcy. Will It Matter?

The bankrupt company faces key questions relating to both programming and distribution.

The Questions Are Mounting for ‘Spulu’ As Lawmakers Demand Answers

A pair of high-powered Congressmen are demanding answers about the forthcoming service.
podcast thumbnail mobile
Front Office Sports Today

Why Ian Rapoport Lives for the NFL Draft’s Chaos

0:00
0:00

Featured Today

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.
April 7, 2024

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

To Sum Up Current Commanders, Coyotes Situations: It’s Complicated

The Commanders hire a Capitol Hill insider as the team continues its stadium pursuit.
April 11, 2024

Hello, Goodbye: Coyotes’ Future in Flux As Relocation Rumors Ramp Up

The league reportedly has developed a contingency plan to move the team to Salt Lake City.
NYC-Mayor-Adams-speaks-at-NYCFC-trophy-presentation
April 12, 2024

MLS Finally Gets Its Own Piece of the Big Apple

New York will finally gain a soccer-specific stadium with plans approved for a facility in Queens.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 9, 2024

Coyotes’ Arena Options in Arizona Are Drying Up. Is Relocation Next?

Scottsdale’s mayor cites infrastructure and retail issues with the team’s proposed arena site.
April 9, 2024

Champions League Hosts Ramp Up Security Amid ISIS Threat

Cities are increasing police presence after social media posts.
April 5, 2024

A Wild Week in Stadium News for the Coyotes, A’s, Royals, and Chiefs

Venue-related developments take shape in Phoenix, Sacramento, and Kansas City.
April 4, 2024

A’s Leave Problems Behind in Oakland—But Questions Await in Sacramento

The MLB club will play for at least three seasons at a Triple A ballpark.