Ball Arena, home of the Denver Nuggets and Colorado Avalanche, is launching the largest electric vehicle charging station in the city of Denver through a partnership with Flash Parking.
The charging hub will provide public access to 60 Level 2 charging ports during the 250 or so events the arena hosts throughout the year, according to Flash Parking. The EV hub will also form part of a broader development strategy to enhance community mobility, access to transit, a local shuttle system and more pedestrian connections, Flash said.
The installation comes as Colorado accelerates EV adoption, with 5,200 charging stations serving drivers across the state, according to information from Flash and Ball Arena-owner Kroenke Sports & Entertainment.
The International Energy Agency’s Global EV 2025 Outlook says 15-20 million EVs could be on U.S. roads by 2030. A June 2025 report from the Edison Electric Institute says the number of EVs in the U.S. could balloon from 4.5 million at the end of 2023 to 78.5 million by 2035.
Commercial owners are adopting EV chargers as a way to maximize the value of their property, attract tenants, support corporate sustainability and generate income, according to a CBRE report. Adding EV infrastructure can increase property values by up to 15%, according to research by the Urban Land Institute.
About 70% of prime U.S. office buildings are equipped with charging ports, and 52% of companies favor offices with EV chargers, according to CBRE’s Global Office Occupier survey. Providing this capability can enhance tenant satisfaction, leading to longer lease terms and reduced vacancy, CBRE says in its report.
Parking lot owners can also gain additional revenue from monthly or drop-in drivers, CBRE says.
Early EV adopters largely bought and managed their own EV infrastructure, CBRE says. That’s changing as property owners move toward a leasing model through partnerships. The joint effort is seen as a way to spread installation costs, which can run as high as $1,500 to $6,000 for a Level 2 charger and an additional $5,000 for installation, plus additional costs for maintenance.
Through a hardware-as-a-service model, asset owners can add EV infrastructure with little to no upfront cost and a fixed monthly payment, according to Flash. The contract can be for term lengths of between three to six years, with a warranty for the life of the contract, or owners can opt for a one-time payment to own the hardware.
The lease-deployment model is new but it’s demonstrating benefits, CBRE says. In one case study it looked at, CBRE calculated an ROI of between 38% and 42% at a public parking building, and an ROI of 10.2% at a gated, private commercial building.
“While the gated site has a lower ROI, the property owner views EV charging as a pure amenity, with high strategic value,” CBRE says in its report. “The parking building, with a higher ROI, is experiencing high utilization, and will be adding more chargers.”
