Elitch Gardens Plans Upgrades Following New Investment Deal

Elitch Gardens Theme & Water Park in Denver is set to remain operational for the foreseeable future, following a significant real estate deal in June 2023. The agreement allows for much-needed upgrades and improvements at the 58-acre amusement park, easing previous concerns over its potential relocation.

Kroenke Sports Entertainment (KSE), which has a diverse portfolio including the Denver Nuggets and Colorado Avalanche, acquired Revesco Properties’ share of the River Mile project. This redevelopment plan envisions a mixed-use area that encompasses the land on which Elitch Gardens sits. Mike Neary, executive vice president of KSE, expressed optimism about the park’s future, stating, “Elitch’s is an incredible business. We have every incentive to not only keep Elitch’s going, but to invest in rides and attractions and overall experience.”

The park has already begun to enhance its offerings, reopening two of its signature roller coasters this summer. The Twister III: Storm Chaser, which had been closed for repairs, resumed operations for the first time in 2025. Additionally, the Sidewinder, shut down for maintenance since 2023, reopened two months ago, marking a positive trend in the park’s revitalization efforts.

KSE and Revesco first partnered on the River Mile project in 2015, with plans to develop a large residential and retail complex adjacent to Ball Arena. This initial proposal included creating space for approximately 15,000 new residents along with offices, hotels, stores, and restaurants in several high-rise towers. Approvals were granted by the city in 2018, but progress has stalled since then.

While the future of Elitch Gardens had appeared uncertain, KSE’s acquisition of Revesco’s stake suggests that the park will not be moving from its downtown location anytime soon. Cindy Hann, a spokesperson for Elitch Gardens, refrained from commenting on any potential relocation but noted that the current season has seen “incredible” attendance, indicating a robust interest in the park. Although specific attendance figures were not disclosed, Hann added, “We were very pleased with our 2024 season and are on track for another strong year in 2025.”

Elitch Gardens boasts a rich history, having been established 135 years ago and relocating from its original site in northwest Denver to its current location in 1995. The park evolved from a traditional amusement park into a modern thrill-ride destination, catering to both locals and tourists alike.

As preparations begin for signature events such as Halloween and the holiday season, it seems Elitch Gardens is poised to enhance its offerings and solidify its place in Denver’s entertainment landscape.