DENVER — Burnham Yard, the historic rail yard in Denver now poised to be the home of a new Broncos stadium , is a “perfect match” for the NFL franchise, Colorado Gov. Polis told Denver7 in the moments after the plans went public.

The potential move is years in the making. The state bought the Burnham Yard property from Union Pacific in 2020 with the intention of turning it into a mixed-use development that included housing.

However, the Walton-Penner ownership group – who bought the Broncos in the summer of 2022 and became the richest owners in American sports – approached the state saying they hoped to build a new stadium.

“We said, ‘We’ve got some land to show you,’ so we took them onto Burnham Yard,” Polis said.

Now, the Broncos will buy the land from the state to build a “mixed-u

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