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Denver Broncos | Broncos set aggressive construction timeline, outline vision for new $175 million training complex at groundbreaking ceremony

Shovels in a box of dirt might be ceremonial, but make no mistake, the Broncos’ headquarters and training facility construction project is off and running.

Adjacent to Thursday’s celebration and photo op, fencing has appeared in recent days, construction equipment is moving in and the $175 million project is quickly ramping up.

All of this marks the next phase in the project, which will culminate in a 215,000-square-foot building that CEO and owner Greg Penner said Thursday will be a world-class facility focused on football.

“This is going to be a great facility,” Penner told reporters.