India, Sept. 10 -- The Denver Broncos on Tuesday announced that their ownership plans to move the team to a new stadium in central Denver's Burnham Yard. The Broncos' owners, Greg Penner and Carrie Walton Penner, announced the decision in a joint statement with Denver Mayor Mike Johnson and Governor Jared Polis of Colorado.

"Together, we are pleased to announce historic Burnham Yard in the heart of Denver as the preferred site for a world-class retractable roof stadium anchoring a dynamic mixed-use district," the statement said.

Here's everything you need to know about the stadium:

In the statement, the Broncos said that Burnham Heights was chosen because it "represents a transformational opportunity to reimagine the future with deep r...