A community coalition in Denver is working with the Broncos on a unique agreement tied to the team’s new stadium plans.
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Ana Paula Pinto is part of the Burnham Yard Community Action coalition.
She said a big goal with the agreement is to make sure the core values of the community remain intact as the team's new stadium is being built at Burnham Yard. The area is a former railyard, located less than a mile southeast of the Broncos' current home of Empower Field at Mile High.
“The benefits agreement kind of outlines how the development can kind of positively impact the community that it's coming into and kind of specific things that they can bring to the table," said Pinto.
The Broncos announced their plans for a new privately funded retractable roof stadium anchoring a mixed-use district back in November.
Several community gatherings have taken place in the La Alma Recreation Center. They were held to gain feedback from community members in the region about the Burnham Yard Small Area Plan while addressing any concerns they may have.
Given the community's rich cultural history, Pinto said she's optimistic the Broncos will negotiate in good faith and that the new stadium will bring economic growth to the area.
“There's all sorts of galleries, all sorts of artists, all sorts of residents who really call this place home," she said. "We want to work together to take care of their neighborhood and uplift it.”
The Broncos finalized an agreement with the state to purchase the 58-acre site on Friday. Closing on the purchase is expected this fall.
Denver Water also plans to purchase 25 acres of the land. It will make recommendations for new businesses and restaurants, retail and housing.
The new stadium is slated to open by 2031.
