Another $800 Million Going in To The American Dream

Another $800 Million Going in To The American Dream

Another $800m of funding is set to go in to the long delayed American Dream ‘megamall’ in New Jersey, USA, which features North America’s first indoor snow slope.

Work on the mall started 12 years ago and the ski slope was completed in 2008, but neither it nor the still incomplete mall have ever opened.

The $800m bond is to be issued by New Jersey’s Local Finance Board to the Triple Five Group, the Canadian-based operator of Noth America’s two biggest malls, and tourist destinations, who now own The American Dream and have announced plans for a second mall of the same design with indoor snow slope in Florida.

The cost of American Dream has now almost reached $5 billion and the latest in a very long list of hoped-for opening dates, recently announced, is “mid-2018.”