Plans for a new professional women’s soccer team to build a stadium in Denver progressed Wednesday when a once-skeptical City Council committee gave its stamp of approval to key details of the deal.
Denver Summit FC’s owners had said they might abandon the team’s plans to come to the city if the full council didn’t give final approval to an initial $50 million public investment soon. The council’s South Platte River Committee postponed four items related to the deal the last time it considered them in November.
Now, the full council will consider the measures on first reading on Monday. A final vote is set for Dec. 22.
Under the team’s agreement, Denver would invest up to $70 million in the project. That money would go toward purchasing the land where the stadium is built and making improvements to the surrounding area. The team has agreed to spend about $200 million on building the stadium itself.
An initial $50 million allocation is what the council advanced Wednesday afternoon. About $36 million of that would go toward the land acquisition, and another $15 million would go toward preparing the site for the stadium.
The committee approved four items that would finalize the deal if the full council approves them.
The 14,500-seat stadium is planned for Santa Fe Yards, the former site of the Gates Rubber Co. The long-term plan for the site includes a neighboring mixed-use development with housing, restaurants and a hotel.
Under the franchise agreement with the National Women’s Soccer League, Denver FC’s owners must build a stadium ready for play by March 2028. Team officials said that’s why they would have to consider other cities if Denver didn’t move quickly enough.
Council members initially postponed the four items because they said city officials had not yet provided all the financial details for how the dollars would be spent. It was another sign of deepening friction between Mayor Mike Johnston’s office and the council.
In the spring, the council approved the general framework for the deal, but several members said at the time that they were uncertain if they would ultimately approve the payments because of unstable city finances.
Rob Cohen, left, the primary owner of Denver’s Summit FC professional women's soccer team, and Jeff Dolan, chief strategy officer and counsel to Denver Mayor Mike Johnston, meet with members of a Denver City Council committee on April 23, 2025. (Photo by RJ Sangosti/The Denver Post)Related Articles
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The team has also reached terms for a community-benefits agreement with groups representing the neighbors around the stadium site, city officials said Wednesday.
That agreement, which outlines things the ownership group has agreed to do for the surrounding area, is now being drafted. The council isn’t a party in that agreement, but its members typically wait to approve major allocations until an agreement is settled. Council President Amanda Sandoval asked that the lawyers send council members the agreement’s draft by Friday so they can review it before they vote.
A rezoning hearing for the site is set for Monday.This is a developing story and will be updated.
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