The Denver Broncos had a major piece of their new stadium land fall into place on Monday. SRM Concrete and the team came to terms on an undisclosed agreement to purchase about 10 acres of land surrounding Burnham Yard, the preferred site of the Broncos' upcoming stadium, according to Parker Gabriel of the Denver Post.SRM Concrete was mentioned by name from Broncos owner and CEO Greg Penner at the NFL's annual meetings at the end of March as being one of the holdouts in the area in and around Burnham Yard, and one of the largest hurdles to cross before ground can be broken on a new stadium ahead of a projected 2031 opening of a new stadium. Broncos president Damani Leech recently spoke about developments concerning the stadium, saying the team and the community need to work together to get Burnham Yard ready for the mixed-use development and stadium. Just a week ago, the team shared incredible renderings of what Burnham Yard may look like in the future.One of the last major dominoes that needs to fall is the relocation of Denver Water, one of the biggest companies still located at Burnham Yard. Conversations surrounding the relocation are still ongoing, and details are still being ironed out. "Were laser-focused on delivering (the new stadium) by 2031," Leech said earlier this month. "Its been a great effort by ownership, ourselves, the staff, the city. Ive got to be honest, I wish we were further along in some areas than we are now. I think areas where we do control, particularly real estate, you mentioned Burnham Yard, real estate, engaging with the community, weve done site tours of the location, the design of the stadium continues to evolve, the master plan continues to evolve."With all the recent developments, the hope is the Broncos are on track to build their new home soon. The team is hoping to put shovels in the ground in late spring or early summer of 2027.Despite all stadium developments, the show must go on. The Broncos resume training camp practice on Tuesday, preparing for their first preseason game of 2026 against the Atlanta Falcons on Friday. FollowBroncos WireonFacebookandTwitter/X!Did you know:These 25 celebrities are Broncos fans.This article originally appeared on Broncos Wire: Broncos secure important land for future stadium site