The Broncos buy more land around Burnham Yard

The Denver Broncos locked down another chunk of Burnham Yard on Monday.

The club finalized a purchase of six parcels from SRM Concrete spanning nearly 10 acres in the northern portion of its planned stadium and mixed-use district, the Denver Post first reported. The parcels sit between the Denver Water headquarters and the defunct rail yard — squarely in what the Broncos’ renderings released last week call the “North End.”

SRM had been one of the longest-running holdouts in the area. The Tennessee-based company only bought the plant in 2022, but CEO Jeff Hollingshead made clear a deal was coming.

“We’re not going to be the reason why the stadium’s not getting built,” Hollingshead told the Post this spring.

The six parcels carry a combined assessed value of more than $15.6 million, per city records. Sale terms were not disclosed.

With SRM in the books, the Post reports most real estate transactions in the proposed stadium area are now completed or essentially completed. The core 58.5-acre Burnham Yard site is under a $45.8 million purchase agreement with CDOT set to close later this year. Broncos-linked LLCs have spent more than $120 million on surrounding parcels in recent months, per the Denver Business Journal.

The land is assembling. The bigger hurdles remain: Denver Water’s 20-acre relocation, the community benefits agreement, the small area plan vote — on track for city council by January — and environmental remediation of a 19th-century rail yard. Construction needs to start by spring 2027 to hit the Broncos’ 2031 opening target. Team president Damani Leech expressed frustration earlier this month with the pace of the process. Monday’s deal is one fewer item on the list.

There’s still a ways to go. But good news on this project is coming weekly now.

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