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Council approves ground leases for Potomac Park: pro soccer performance center and Cherry Creek School District fields
Summary
Centennial approved two 50-year ground leases at Potomac Park: one with a Colorado NWSL ownership affiliate for a performance center and temporary stadium use, and one with Cherry Creek School District for multi-field development; leases carry nominal $10 annual rents and require the tenants to build and maintain improvements.
The City Council approved two related ground leases on July 15 to advance development of a soccer-focused sports complex at Potomac Park. Resolution 2025-R-25 authorizes a 50-year ground lease to Centennial Real Estate Ventures LLC (an affiliate of the Colorado Women's Soccer Coalition / NWSL ownership group) for the northeast portion of the 43.5-acre site; Resolution 2025-R-26 authorizes a separate ground lease of the larger site portion to Cherry Creek School District No. 5. Both leases were approved by 7-0 votes.
Matt Sturgeon, who led the staff presentation, described the partnership: the NWSL-affiliated group will construct…
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