American Dream Mall
A $5 billion, 3.1-million-square-foot mall in East Rutherford, N.J., that Triple Five developed.
The mall—which includes 1.5 million square feet of retail, the largest indoor amusement park in the Western Hemisphere, an indoor ski lift, a DreamWorks-branded indoor waterpark, a Cirque du Soleil venue and a National Hockey League-sized ice rink with plans for two hotels and a convention center—has been in the works for 17 years and was set to open its first phase in 2020, but was derailed by the COVID-19 outbreak.
The idea for the mall first germinated in 2003, when the New Jersey Sports and Exposition Authority (NJSEA) put out a request for proposals to redevelop a 162-acre plot of land in the Meadowlands Sports Complex.
Originally called Xanadu, it shuffled between the Mills Corporation and Colony Capital before landing in the hands of the Ghermezian family’s Triple Five, which developed the Mall of America and West Edmonton Mall in 2011. Triple Five heavily emphasized the mall’s entertainment component.
