Looking forward to the community growing around our home. The City Council has officially approved the transformative 55-acre development that will surround Ball Arena. KSEwhich owns the Arena as well as its championship tenants the Denver Nuggets and Colorado Avalanche, has proposed a 10- to 12-million-square-foot development on the 55-acre property that would give Downtown Denver thousands of new high-rise residential units, at least 18% of which would be restricted for much-needed affordable housing. The plan also calls for 10 acres of green space, including a signature three-acre central park, and four pedestrian bridges connecting the development to adjacent neighborhoods.