Denver’s mayor proposes new arena as part of $450 million infrastructure bond proposal

Denver Mayor Michael Hancock’s plans for a $450 million infrastructure bonding package to put to voters includes a new, mid-size “state-of-the-art” arena.

He made the announcement during his annual State of the City address, conducted virtually on Monday morning. He dedicated much of the speech to the topics of homelessness, criminal justice and post-pandemic resilience.

The infrastructure package represented the most substantial spending proposal in the speech. A $450 million investment, he said, “will help create 7,500 good-paying jobs, $483 million in worker wages and benefits, and $1 billion in economic benefits.

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