I am very excited for this project to finally get going! 'fingers crossed'
The place is going to be awesome!
Nice, cranes going up right when the stock market starts collapsing. Excellent timing to grow some cobwebs and a nice layer of NJ soot
Lol...Shanghai is collapsing yet again...down 8% in early trading...NOT looking like a good week ahead for stock markets!
But as for American Dream, it's a multi-year project. If we are seeing the first signs of another recession, the project won't be completed as planned until after the time the economy recovers anyway (besides, if the US is entering another recession, it should be fairly shallow & nothing like the last one). Triple Five is a massive company with alot of resources, and they've gotten hundreds of millions of $$ in state aid to carry construction on through rough waters.
At $5 Billion, it will be the most expensive retail project on Earth (not Dubai Mall at 4x the size?!)
It will also be complete and opened by Summer 2017. New renders show the pepsi globe ferris wheel!
http://patch.com/new-jersey/mahwah/m...owlands-2017-0
When complete, the 91-acre complex will be broken up into five connected sections more than a half-mile long. Skylights and large windows will bathe the crisp, clean white walls and spaces with natural light. Fresh flowers, plants, and fountains will highlight the inside and provide what Triple Five says will be a warm, inviting atmosphere when it opens in the summer of 2017.
Nearly $5 billion will be invested in the project by the time it opens, Don Ghermezian, a principal with Triple Five, told The New York Times.
”I think that makes it the most expensive retail project on earth,” Ghermezian said.
And when complete, the project will feature several impressive amenities.
For starters, it will be home to North America’s largest indoor amusement park and biggest indoor waterpark, the latter of which is being developed with Dreamworks SKG and their movie properties. An 800-foot-long indoor ski hill will be the first in the Western Hemisphere. A 300-foot-tall Ferris wheel will offer a one-of-a-kind view of Manhattan, Triple Five says.
The 150,000-square-foot food hall will feature 15 restaurants, 50 grab-and-go offerings and the world’s first Kosher food court.
The outlet shopping mall/Ferris wheel combo is apparently a new fad. Staten ... Meadowlands ... who's next?
Can't believe how much this project blew up. Saks, Hermes, at the Meadowlands? Shuttles to the waterfront, ferries, more hotels? Screw the indoor ski slope!
Don't forget, Bergen county blue laws mean this place is closed on Sunday.....
Primark (European retailer) inks 100k square foot deal at American Dream
Ski operator and attraction announced for American Dream. Developer says 2017 opening still in place:
http://www.mattsandelands.com/#!Ski-...f20a8824dda0b1
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