Denver Voters May Be Asked To Back $480M For Stock Show Complex

June 2, 2015
Photo: Western Stock Show parade 12: Longhorns(Photo: CPR/Nathaniel Minor)
Texas longhorns are penned up at the end of the National Western Stock Show Parade in downtown Denver on Thursday, Jan. 8, 2015.

Tuesday that will ask voters to commit $480 million to the aging National Western Stock Show complex. 

The ballot measure would extend an expiring tax on hotels and car rentals to fund the project. The goal is to transform the stock show grounds in northeast Denver into a year-round attraction.

Denver City Councilwoman Judy Montero represents that part of town. She says her neighbors hope the project creates jobs. But some worry the project could cause home values to spike and make housing unaffordable.

The state will provide $250 million in funding if Denver voters approve the ballot question. The measure will get a full vote before the City Council later this month.