Hotel, residential buildings and concert venue planned around Ball Arena in Denver

Kroenke Sports and Entertainment has submitted a concept plan for the first phase of a multi-use advance around Ball Arena in downtown Denver that includes a -story hotel two -story residential buildings and a -square-foot performance venue Documents submitted to the city Monday by the owner of Ball Arena and the professional sports teams that play there the Colorado Avalanche and the Denver Nuggets are part of a larger plan to turn acres of land that is mostly surface parking lots into commercial and residential properties and open space The entire project is expected to include up to new housing units with of those qualifying as affordable housing as well as a new city recreation center retail space and a park with walking and biking trails surrounding the sports arena The hotel two residential buildings and concert venue would be bordered by Speer Boulevard on the east Chopper Circle on the north and west and Wynkoop Way on the south The roughly -acre site would be just east of Ball Arena A two-branched pedestrian and bicycle bridge over Speer would connect the enhancement to Lower Downtown The hotel would have guest rooms as well as eating and drinking spots and retail One of the residential buildings would have units and the other would have Matt Mahoney KSE s senior vice president of enhancement explained BusinessDen that the company is going through this submittal process with Denver and a lot of the feedback that we ll be receiving over the next insufficient months will really help determine a final outcome Related Articles Keeler Avalanche need Gabe Landeskog back for Championship to teach Stars Mason Marchment specific manners Michael Porter Jr reveals he s struggling to break in new leg brace blames self for Nuggets Contest loss Jalen Pickett on connection to Michael Malone-Calvin Booth rift It s kinda crazy Keeler Nuggets Nikola Jokic requirements Bubble Jamal Murray to get another NBA title Economic Improvement Commission rejects two-year extension for Burnham Yard loan The city will have to administratively approve the concept plan before KSE can submit a site expansion plan apply for building permits and fulfill other requirements revealed Sarah Barwacz spokeswoman for Denver Locality Planning and Advancement The Kroenkes own of the property included in the overall project area The Auraria Higher Development Center the Regional Transportation District and Xcel Ability also have interest in the land In Denver Nuggets and Colorado Avalanche band president Josh Kroenke signed a deal tying the franchises to Ball Arena and the land around it through The Denver City Council earlier gave key approvals for a massive redevelopment on the site Billionaire Stan Kroenke Josh s father bought the arena then named Pepsi Center along with the Avalanche and Nuggets for a combined million in Get more real estate and business news by signing up for our weekly newsletter On the Block