Rocky Mountain Voice

Tag: Taxpayer Funding

Denver explores plans for new Broncos stadium as city grows
Fox31, Approved, Local

Denver explores plans for new Broncos stadium as city grows

By: Shaul Turner | FOX31 DENVER (KDVR) — While the Broncos stadium proposal announced Tuesday will likely boost Denver’s chances of hosting a Super Bowl and other events, economic experts say the greater benefit will be a boost to Denver’s economy. Empower Field at Mile High stadium opened in 2001 at a cost of more than $400 million. The new multi-billion-dollar stadium will be located about a mile south of that location. Construction is expected to be completed by 2031. “It’s an area that was waiting to be redeveloped,” Dr. Andrew Goetz of the University of Denver told FOX31. The 58-acre abandoned railyard is slated to host a state-of-the-art football stadium with a retractable roof. The project is privately funded by the Walton-Penner ownership group. The city will create ...
Denver Councilwoman Raises Concerns Over Taxpayer Funding For Soccer Stadium
Local, Approved, The Denver Gazette

Denver Councilwoman Raises Concerns Over Taxpayer Funding For Soccer Stadium

By Daniel Boniface | The Denver Gazette A proposed Denver stadium for professional women’s soccer could be in jeopardy of receiving public funding following the city’s budget troubles and layoffs. City Councilmember Flor Alvidrez, who represents District 7 where the Denver Summit FC stadium would be built, walked back her support for the project in an interview Monday on the popular podcast, City Cast Denver, saying she was undecided on whether she’ll vote to approve a $70 million subsidy. Paul Karolyi, the show’s senior producer, pointed out that Alvidrez was wearing a t-shirt promoting Denver’s National Women’s Soccer League team when the city council voted 11-1 to move forward with the framework for a public-private partnership around the proposed stadium. “It seemed like yo...