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The Denver Broncos officially broke ground on a new $175 million training facility, named Broncos Park Powered by CommonSpirit, on August 29, 2024. The facility is scheduled to be completed by spring 2026. Key figures at the groundbreaking ceremony included Broncos owner and CEO Greg Penner, owner Carrie Walton Penner, and head coach Sean Payton. The Broncos aim to elevate their standards with this state-of-the-art complex, which is part of an aggressive construction timeline. The Walton Family remains significantly invested in the team, underscoring their commitment to enhancing the organization and its facilities.