Financial Backing Keeps Construction of American Dream Going

📅   Mon May 22, 2017 - National Edition


Artist rendering of the American Dream project located in Meadowlands, NJ.
Artist rendering of the American Dream project located in Meadowlands, NJ.

The New Jersey mega mall project, American Dream, has recently closed $1.67 billion in financing according to njbiz.com.

A 3 million-square-foot development project of Triple Five, the Meadowlands site will be a continuation of the company's shopping and entertainment construction projects which also includes the Mall of America in the U.S. and the West Edmonton Mall in Canada.

With a recent cash infusion from JP Morgan and Goldman Sachs, the company seeks to push forward on construction plans. Although the previously announced opening was fall of 2018, the project is slated to open in March of 2019 now.

Popular tourist attractions for this particular site include the Dreamworks Water Park, Legoland Discovery Center and a Nickelodeon Universe Theme park.

For more information, visit americandream.com.