The Broncos have finalized an agreement allowing the team to buy Burnham Yard from the Colorado Department of Transportation.

29 May 2026

The sale is not yet complete. Broncos ownership has until June 30, 2027, to exercise their option to buy the former railyard for $45.8 million. The deal is expected to close this fall. Ownership reportedly has plans to build a new stadium and an adjacent entertainment district. The state purchased Burnham Yard in 2021 for $50 million and hoped “to use some of the land for transportation-related purposes,” but those plans “fizzled.” Broncos ownership is hoping that the new stadium will be ready for the NFL’s 2031 season.