Kroenke Sports & Entertainment owns Ball Arena in Downtown Denver, home of the Nuggets and Avalanche, and co-owns Dick's Sporting Goods Park in Commerce City, home of the Rapids. Both venues were built by his development company. In 2002, Kroenke bought the historic Paramount Theatre in Denver. Kroenke also established TicketHorse, a ticket company that provides in-house sales. Operations of 1stBank Center in Broomfield, Colorado were taken over by Peak Entertainment—a joint venture between KSE and AEG Live Rocky Mountain, in June 2009, for 28 years.