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RAW: Broomfield officials vote to demolish 1stBank Center
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May 25, 2023
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48:50Now PlayingThe 1stBank Center in Broomfield will close later this year after Broomfield officials unanimously voted on Tuesday night to end its agreement with the arena's operator Peak Entertainment.
The Broomfield Urban Renewal Authority’s Board of Directors voted to close the facility for good on Nov. 30. The city is likely going to tear down the 16-year-old event center and sell the land the arena sits on. Another parcel of land that the city owns near the 1stBank Center, which is located off of the Wadsworth Parkway and US 36 interchange, would be included in the potential sale bringing the total footprint to 22 acres.
City council said the 6,500-seat event center never reached its full potential in hosting sporting events, concerts and other events since opening in late 2006. The arena never made a profit, city council members said Tuesday night.
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