Denver Proposes $70M Investment for Women's Soccer Stadium

Denver Mayor Mike Johnston has proposed a $70 million investment plan for land acquisition and infrastructure improvements to support a new women’s soccer stadium in the Baker neighborhood. The city council is considering this proposal, which includes $50 million for land and on-site improvements and $20 million for surrounding infrastructure like parks and trails. The stadium, set to open in 2028, will be constructed by the ownership group led by IMA Financial Group CEO Robert Cohen, who has committed up to $200 million for its construction. However, some council members have expressed hesitancy due to current economic concerns and the impact on other city-funded projects. If approved, the city would own the land, which could be repurposed if the team relocates. The proposed stadium and surrounding developments aim to enhance connectivity and public space in the area.