Community Corner
WATCH: American Dream Meadowlands Releases New Design Model
What's been called the 'world's most expensive' retail project, a $5 billion entertainment center, is scheduled to open in the fall of 2018.
The developer of American Dream Meadowlands released its latest design of the $5 billion state-of-the-art retail and entertainment center set to open in the fall of 2018.
The images and video show a contemporary, pristine design, with a lot of glass, allowing for more nature light to fill the 91-acre complex.
“Transforming the exterior design of the property has been an essential part of our plan for the project from the very beginning,” said Don Ghermezian, president of Triple Five Worldwide, the project's owner and developer. “Our vision is to create an elegant and visually exciting façade that will showcase the exceptional retail and entertainment destinations found inside American Dream.”
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The campus will be broken up into five interconnected areas. Attractions will include the largest indoor amusement park in the western hemisphere, Nickelodeon Universe. DreamWorks, owner of popular movie franchises such as "Shrek," "Kung Fu Panda," and "How To Train Your Dragon," is the official partner of American Dream's water park.
Related: 'Most Expensive Retail Project On Earth' Coming To Meadowlands In 2017
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A 22,000-square-foot adult arcade, For The Win, will feature games, a bowling alley, live music performances, and a selection of craft beers. A 1,500-seat, 4D movie theater will allow moviegoers to "smell" the film they're watching.
The first Sea Life aquarium in New Jersey will feature a tropical ocean tank with a walk-through underwater tunnel. There will also be a 300-foot-tall observation wheel, a 12-story indoor ski park with an 800-foot-long hill, and a food court with 15-restaurants and 50 grab-and-go offerings.
American Dream was slated to open in the summer of 2017, but Triple Five pushed the open date back to the fall of 2018 because of difficulties securing the financing.
RELATED: $800 Million Bond Sale For American Dream Meadowlands Project Can Go Forward
The New Jersey Alliance for Fiscal Integrity filed a legal challenge against Triple Five regarding the sale of $1.15 billion in bonds to help complete the project, NorthJersey.com reported. The Appellate Division of state Superior Court dismissed the challenge.
The bond sale is coupled with $1.5 billion in private funding from Triple Five and the investors. The state approved the sale of the bonds three years ago, but construction on the site stopped for almost a year because Triple Five wanted to make the bonds tax-free.
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Images courtesy of Triple Five
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