The news was indeed big: after months of speculation, the Denver Broncos football team has announced plans to build a new headquarters and a willingness to spend $175 million to get it done.
As envisioned by the Walton-Penner Family Ownership Group, which purchased the franchise in the summer of 2022 for $4.6 million, the new headquarters will be a three-story structure measuring 205,000 square feet and housing the latest in training technology.
Set to go up at the site of the team’s current headquarters at 13655 E. Broncos Parkway, the new facility will include expanded locker room space, as well as meeting rooms and office space for the administrative side of the business.
In a statement, Greg Penner, chief executive officer of the Broncos, said, “Our vision is to create a new home for the Denver Broncos that reflects our values of winning and teamwork with a modern Colorado design.”
That design is being undertaken by the Denver-based architectural firm of HOK and the Rockwell Group of New York.
Added Penner: “Having both our football and business operations on the same campus will foster a championship environment in pursuit of our goals on and off the field.”
Work is expected to begin on the new Broncos headquarters by next spring, with a general completion date of late 2026. Upon that completion the current headquarters structure, which was built in 1990 and expanded several times since then, will be demolished.
By Garry Boulard
