Denver, CO
Broncos connected to real estate purchases around Burnham Yard, potential stadium site
A series of limited liability corporations have purchased at least 13 parcels of land around a potential future Broncos stadium site in Denver since last summer and paid more than $150 million combined to do so.
The transactions, first reported by BusinessDen and later confirmed by The Denver Post, started in August 2024 and have continued through this spring. The plots surround the Burham Yard railyard, a state-owned, 58-acre property in Lincoln Park that is for sale and has many of the hallmarks of a potential stadium site.
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At least nine of the LLCs that purchased the properties were created in 2023, and none of the sales were connected to a loan, a review of public documents revealed.
Citing an unnamed source familiar with the real estate deals, BusinessDen reported that at least 10 of the LLCs have ties to the Broncos’ Walton-Penner Family Ownership Group. The Post has not independently verified that connection.
The Broncos declined to comment on specific real estate transactions around Burnham Yard or elsewhere.
“As we’ve previously shared, we are involved in a comprehensive process regarding the future of our stadium,” a Broncos spokesman told The Post. “No determinations have been made as we continue to evaluate several options in and around the Denver metro area.”
Real estate records reveal that these LLCs are not just random corporations with no connective tissue.
The Post found that in at least nine of the transactions — including six plots that sold for a combined $22 million all within two blocks directly north of Burnham Yard — the sale was handled on the buyer’s side by Lea Ann Fowler, a real estate attorney at Hogan Lovells. Fowler previously worked with Broncos general counsel Tim Aragon at the same firm, where he was the managing partner of its Denver office before leaving in 2022 to work for the Walton-Penner Family Ownership Group.
Each of those six purchases was made between August 2024 and January using a variety of LLCs, including Villard LLC, Compass Peak Holdings LLC, Summitt 55 Company LLC and 1396 Canyon Lane LLC.
Just south of the rail yard, Tim Armitage sold his property at 657 North Osage St. in October.
The price — $2.7 million — felt like an above-market deal for the 9,361 square-foot warehouse he owned for five years.
As for the buyer? He has no idea.
“Never met them; never knew a thing about it,” Armitage told The Post on Wednesday. “I didn’t care; it didn’t matter to me. They had the money and I was selling it.”
Another property owner reached by The Denver Post said they couldn’t comment because language included in the contract prohibits talking about the sale.
All of these smaller parcels are set around the 58-acre Burnham Yard, which the Colorado Department of Transportation owns and is currently in the process of selling. It says it intends to do so by next spring.
“The (CTIO) is still conducting due diligence on the most beneficial uses and site preparation to eventually sell the property,” CDOT communications director and special adviser to the executive director Matt Inzeo told The Post on Wednesday.
Burnham Yard is considered a possible site for a new Broncos stadium should they ultimately decide to move from Empower Field at Mile High.
“In terms of the vein of keeping it in urban Denver or close to downtown … I would put a bet that’s where it happens,” Chris Phenecie, a senior vice president at the commercial real estate firm CBRE, told The Post recently.
Several consultants agreed last year that Burnham Yard fits the bill for the type of parcel that works for a professional sports stadium, with one exception.
The yard itself is too small.
For a stadium and an adjacent entertainment district of some kind, anybody wanting to build a stadium there would need to acquire additional land surrounding it.
That can be an expensive proposition, but even working through purchasing multiple plots from various buyers over a long period of time can be worthwhile.
“When you’re talking about a $2 billion venue, land cost does become a drop in the bucket unless you’re really acquiring a prime site,” Erin Talkington, the managing director of RCLCO, a real estate advisory firm whose work includes consulting for sports ownership groups and municipalities on major development projects, told The Post in 2024. “It is one of the reasons why you often see new venues go to areas that have always been somewhat underutilized or in need of reinvestment.”
Recent sales made near Burnham Yard late last year and early this year were averaging close to $300 per square foot of built space. By contrast, the list prices per square foot for four industrial properties in other parts of central Denver that are being marketed averaged closer to $155 a square foot, or about half. That comparison doesn’t account for differences in the amount of land involved in each deal.
Two of the biggest parcels are Denver Water’s 36-acre campus to the west and SRM Concrete, which is wedged between Denver Water and the yard on the north end. Denver Water and Burnham Yard extend south to and beyond the 8th Avenue bridge.
While those plots have not sold recently, several others in the area have. The total purchase price for 13 recent sales around Burnham, according to public records reviewed by The Post and BusinessDen reporting: Nearly $153 million.
Acquiring land like this can serve multiple purposes for a professional sports franchise. It can set a club up to build and develop or it can be used to serve as leverage while negotiating with a municipality.
Once a site is finalized, ownership groups are interested in using a stadium as an anchor to any number of kinds of entertainment districts. Such projects are in various states of progress up and down the Interstate 25 corridor from Burnham Yard, with Kroenke Sports and Entertainment set to develop around Ball Arena and the new NWSL franchise coming to Denver setting out to develop Santa Fe Yards to the south.
“Most of the deals that we’ve worked on, incoming owners, their primary question is around venue and the potential upside around the surrounding area,” Edwin Draughan, a director and partner at Park Lane, a sports-focused investment bank, told The Post in 2024. “… There’s only so much additional revenue you can get from the team. But there’s a layer of influence and there’s also a level of just real estate ownership.”
The Broncos’ current lease with the Metropolitan Football Stadium District runs through the 2030 season, though the club has the ability to extend it for five years if needed. Still, the 2030 date does put the team in a position where it has some time and flexibility.
Stadium projects around the NFL tend to take about four years between the time they’re first announced and when the stadium is built and ready for use. That same timeline would put the Broncos within about a year of needing to have a project site approved and announced if they do indeed decide to build new.
Team president Damani Leech said earlier this spring that the club had “a healthy amount of pressure” to move forward in their decision-making process.
“We are not holding ourselves to that to say we absolutely have to have something by that year,” he said. “The components of what happens, though, are real and important. Stadiums typically take about 48 months to build from a construction standpoint. You think about what has to happen from a permitting standpoint and all those things. We’re starting to build out those calendars to get a better understanding of, once you do decide what to do, how long it’s going to take.”
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Originally Published:
Denver, CO
Man found guilty of murder 9 years after girlfriend’s body was found in Denver-bound Amtrak train
DENVER — A Denver man was convicted Friday of murdering his girlfriend, nearly 10 years after her body was discovered inside a Denver-bound Amtrak train.
Angelo Valentino Mantych, 43, was convicted by a jury of his peers on one count of first-degree murder after deliberation for killing 28-year-old Marina Placensia while on-board an Amtrak overnight train that was headed to Denver from Wisconsin the morning of Sept. 1, 2016.
It took jurors about five hours of deliberation to reach the guilty verdict on Friday. Each was individually polled on their decision — and all of them confirmed their verdict.
Mantych, who was in court Friday for the reading of the verdict, hanged his head as it was read. He was scheduled to be sentenced on Jan. 9.
Meanwhile, Placensia’s family was overcome with emotion when they heard the guilty verdict. Outside of the courtroom, Placensia’s father told Denver7 the day felt like Christmas, New Years Eve, and his birthday rolled into one day.
Denver7 also spoke with a juror, who said the group was united in their decision and worked well together.
First-degree murder carries a mandatory sentence of life in prison without the possibility of parole, but the sentencing hearing will be an opportunity for those who loved Placensia to tell the judge how this loss has impacted their lives.
The two sides delivered their closing arguments on Friday morning.
Prosecutors said Placensia took the train that day with her four children, three of whom she shared with Mantych, to escape years of abuse and domestic violence. They argued that a “loss of control” served as motive for the killing. Prosecutors aimed to discredit the alternative explanations offered for Placensia’s death, pointing to what they said was clear evidence of a smothering.
Man found guilty of murder 9 years after girlfriend’s body was found in Denver-bound Amtrak train
The defense’s closing arguments centered around an apparent lack of commotion on the train on the night of Placensia’s death, saying it would be “almost impossible” for her to have been smothered for several minutes without their children noticing. Defense attorneys also called into question the integrity of an investigation that saw significant delays.
The case against Mantych is one Denver7 has been following since at least October 2023, when Mantych was charged with murder in connection with the crime.
An arrest affidavit obtained by Denver7 in the case showed the woman had several bruises on her body “consistent with an assault or struggle,” but investigators were not able to identify an obvious cause of death at the time. An autopsy later found blunt impacts to her head, trunk and extremities.
The investigation took several years to piece together, something the defense brought into question during closing arguments Friday.
“I think this case is such a great example of law enforcement just remaining committed to a case that they knew something happened, but we just had challenges with filing it, and so it’s a real testament to endurance and commitment by the entire team who’s worked on it since 2016,” said Assistant District Attorney Lara Mullin outside of the courtroom.
“It sends a very strong message to offenders who think that they can continue to perpetrate these types of crimes and violence on victims of domestic violence, that there will be justice sought and that we will not relent in our pursuit of that justice for victims of domestic violence,” said Amelia Sapp, the Chief Trial Deputy of Domestic Violence and Child Victims.
During the investigative process, one person told detectives that Mantych beat Placensia daily, and another said she had to go to a hospital multiple times for her injuries from the assaults, according to arresting documents. At least one of the reports obtained from the Racine Police Department and dated March 13, 2015, showed Mantych had punched Placensia’s ear several times, causing her to lose hearing in that ear. He was arrested and charged with assault after that incident.
On May 18, 2023, a doctor confirmed he believed Placensia’s cause of death was the result of asphyxia from suffocation and said her injuries were consistent with suffocation cases in both living and deceased patients, the affidavit stated. He said he believed her injuries were the result of an assault, including blunt force trauma and suffocation.
Mantych pleaded not guilty to the first-degree murder charge on June 21, 2024, according to court documents.
His trial began at the beginning of the month.
He did not testify in the trial and his defense team declined to comment on the verdict.
Editor’s note: If you or someone you know is experiencing domestic violence, help is available through Violence Free Colorado or the National Domestic Violence Hotline at 800-799-7233.
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Denver, CO
Packers monitoring their backfield entering key game in Denver
True to form, Jacobs pushed to practice but said team doctors told him to chill and be smart about it. The goal is to reduce the inflammation as much as possible to increase his chances of playing.
In his pre-practice news conference on Thursday, Head Coach Matt LaFleur praised Jacobs for “doing everything in his power to get ready to go.” From his perspective, Jacobs said he feels more relief than frustration.
“I’ve been in this league a long time, and it’s not too much that really gets me discouraged or anything like that,” Jacobs said.
“We still know what’s ahead of us. Now, if we were having this going into the playoffs, it would be a little weird, but at that point I wouldn’t care because it’s either do or don’t. But for me, I know my body, there’s nothing structurally wrong, so I don’t feel like it’s something I have to overly think about.”
If Jacobs can’t go Sunday, Wilson would be in line to make his second NFL start against the team with whom he broke into the league back in 2023.
Signed as an undrafted free agent out of NCAA Division II Fort Valley State (Ga.), Wilson spent just three days with the Broncos before he was released. Ten days later, he signed with the Packers and later made the team’s 53-man roster.
The 5-foot-10, 226-pound Wilson has since rushed for 938 yards and seven touchdowns on 205 carries (4.6 yards per carry) in 37 games, highlighted by a gratifying career day against Minnesota a few weeks ago.
“I still got that mentality to go out there and do it again,” Wilson said. “If (Jacobs) is going, he’s going. If I get my opportunity once again, I’m going to take advantage of it.”
Whoever starts against Denver understands the challenge its defense presents. In addition to the Broncos pacing the NFL with 55 sacks, they also boast a No. 2-ranked run defense that’s allowing just 89.0 yards per game.
Denver hasn’t allowed a running back to gain more than 100 yards since Jonathan Taylor’s 165-yard effort powered Indianapolis to a 29-28 victory in Week 2.
As much as Jacobs enjoys practicing, he doesn’t feel it’s a requirement in order for him to play in Denver. It all comes down to how his body is feeling and whether the team doctors give him the green light on Sunday afternoon.
“I always plan to play,” Jacobs said. “They gotta kinda tell me I can’t play for me not to play. For me, that’s where my head is at, but I’m also realistically just day-to-day right now.”
Denver, CO
Game Thread: Denver Nuggets vs Sacramento Kings. December 11th, 2025. – Denver Stiffs
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