SkyscraperPage Forum - NEW JERSEY | American Dream@Meadowlands (Xanadu)

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The region is big enough with 19 million CSA that they can afford another mall or two without issues. It will not fail. In fact, for such a big metropolis, there are rather few large and decent suburban malls compared to other parts of the world which have many more for a smaller population. jersey needs better shopping destinations.

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Originally Posted by aquablue (Post 7178616)

There is a reason why Xanadu I & II, along with Izod, have failed. The location sucks! Time will tell if this American Dream mall monstrosity will meet the same fate. I can only hope.

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Originally Posted by aquablue (Post 7178616)

We have 5 Malls in this County , one of them being one of the worlds largest which is a few miles up the road. On top of that all our state highways are lined with retail stores and restaurants. Its the same with Long Island and too a lesser extent the Hudson Valley & Connecticut. Some of the Malls in this region are started to decline and rapidly.... So adding another mall is a waste in my opinion.

Aquarium, Legoland center are latest additions to American Dream project

http://www.northjersey.com/news/aqua...ject-1.1423036

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The original Xanadu plan that the New Jersey Sports and Exposition Authority approved in 2003 featured an aquarium along with such since-discarded concepts as a skateboarding park; a wildlife museum; a minor league baseball park; and a clown school. Subsequent announcements included an aquarium either as part of an outdoors store, as a segment of a themed restaurant, or as a standalone attraction.

Related: American Dream adding 10 more retailers

The current developer, Triple Five of Edmonton, Alberta, rebranded the project American Dream Meadowlands when it was brought in to revive it in 2011 after two previous developers failed to complete the complex. On Thursday it announced a partnership with Sea Life, which bills itself as “the world’s biggest aquarium brand,” with 50 locations including London, Bangkok and the outskirts of Paris, as well as Orlando, Charlotte and the Dallas suburbs.

The centerpiece of Sea Life’s American Dream aquarium is a walk-through underwater tunnel, with feeding demonstrations and educational talks also offered each day.

A Legoland Discovery Center was announced as part of the Xanadu mix in March 2008 by Colony Capital, a year before construction was halted until 2014 due to insufficient funds. There are seven such centers in the United States, including one in Yonkers, N.Y., and another in Boston. Merlin Entertainments, the operators of the Sea Life and Legoland sites, describes the latter as “stepping into a giant box of Lego” toy bricks. Rides, classes, a party room, and a “4-D Cinema” — in which a 3-D movie is supplemented with motion seats, wind and strobe effects, rain and other stimuli — are to be part of the attraction, which is aimed at children aged 3 to 10.

Triple Five’s president, Don Ghermezian, said in a statement that both entertainment offerings fit “perfectly” with the idea of a retail and entertainment destination that appeals both to tourists and to local residents. More than a dozen retail tenants have been announced in the past three weeks, including Saks Fifth Avenue and Lord & Taylor as anchor stores.

“Keeping in mind this unique and larger-than-life NY metropolitan market, we have incorporated and enhanced the most exciting elements of our existing centers and put them into American Dream,” Ghermezian said in a statement. Triple Five also operates the West Edmonton Mall in Canada and the Mall of America in Bloomington, Minn., which are the two largest retail and entertainment sites in North America.

what are the new colors ??
also ferris wheel??

This POS is never going to open.

http://jerseydigs.com/another-delay-...dream-complex/

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http://jerseydigs.com/wp-content/upl...xanadu-opt.jpg

The saga of American Dream at Meadowlands took another unexpected turn last week when developer Triple Five announced that the project, hoped to be completed in Fall 2017, will now be delayed yet again over finance woes.

Work has noticeably picked up at the site and massive cranes around the project are still clearly visible when driving on Route 3 near American Dream. But Triple Five needs more financing for the project and announced last week that a bond package for the facility would not go out for sale until “early summer”.

East Rutherford mayor James Cassella appeared to have renewed skepticism on the whole project during last week’s town council meeting following the latest delay, telling the crowd that “this project may or may not go” and adding that borough officials have “had enough of this already and we’re tired of waiting.”

Good. Let it die. That location is perfect for building a replacement for the Port Authority Bus Terminal, tied to Manhattan with an extension of the 7 train. All that parking space that's empty six days a week, and seven most of the year, would make a great park and ride. And, of course, when there are games (or other events) at Met Life, all that bus and subway service will make them very easy to get to.

I had looked at two locations. One is where the Secaucus Home Depot is now. The other was this. The presence of this mall would have greatly complicated that. If it goes away, the location is available.

I can't believe that Triple Five is still able to get financing on any of their projects. If you look at their track record they have filed bankruptcy on many of the projects they started. It will inevitably fall into the hands of the state or another developer to finish the project and pay for its up keep. This is exactly how it went down in my hometown.

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Originally Posted by Design-mind (Post 7440137)

i think they are still building a big mall in miami florida.
what bankruptcy stuff are you talking about?

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Originally Posted by BBMW (Post 7439735)

That location is even worse for a bus terminal as it has no Regional rail connection other then a small stub off the Pascack Valley... It should be demolished and returned to wetlands....

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Originally Posted by eleven=11 (Post 7441492)

i think they are still building a big mall in miami florida.
what bankruptcy stuff are you talking about?

There is no bankruptcy. Triple Five are building gigantic malls in NJ and Florida. The NJ one is 90% finished, and will be open within a year.

What color did they chose to paint the outside?

I can't fathom who imagines the future of retail to still be these enormous hulks of enclosed shops and plazas. In the new era of Amazon hegemony, there's just no way this place will ever be profitable.

And besides, who wants to shop in the middle of an unpopulated marsh when so many other non-soggy shopping options are nearby?

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Originally Posted by RobEss (Post 7444870)

Class A malls have never been more profitable. Retailers have are long waiting lists to get into top-tier malls.

Amazon is never going to stop higher end in-person retailing. In fact it's planning its own retail outlets, as are most e-commerce outlets.

It's the crap malls, in overbuilt markets, that have suffered. But in the NYC area, which is generally underbuilt, with few suburban malls built over the last 30-40 years, malls just don't go out of business.

Keep in mind, too, that most of the space at American Dream isn't going to traditional retail outlets, but to theaters, recreation, sports, hotels, theme parks and the like.

Quote:

Originally Posted by RobEss (Post 7444870)

And besides, who wants to shop in the middle of an unpopulated marsh when so many other non-soggy shopping options are nearby?

I don't know what this means. The mall isn't being built in an "unpopulated marsh". You won't get soggy, just like you don't get soggy at the Riverside Square Mall in NJ, which is, yeah, next to a river.

Build the rail connection into the city (extending the city #7 line.) This could also be tied into the Secaucus junction NJ Transit station.

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Originally Posted by Nexis4Jersey (Post 7441499)

That location is even worse for a bus terminal as it has no Regional rail connection other then a small stub off the Pascack Valley... It should be demolished and returned to wetlands....

As much as I'd like to see this thing die and be repurposed, if it completed, I don't see may shoppers slogging though chest deep swamp water to get to it.

Quote:

Originally Posted by RobEss (Post 7444870)

And besides, who wants to shop in the middle of an unpopulated marsh when so many other non-soggy shopping options are nearby?

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Originally Posted by BBMW (Post 7453228)

...I don't see may shoppers slogging though chest deep swamp water to get to it.

Obviously the structure itself isn't plopped physically into a marsh - I mean to say that it's inconveniently tucked between major highways, rail infrastructure, and flat tidal estuaries. Sure, it's relatively connected to hubs like Elizabeth, Hoboken, etc., but it's not exactly close to them either. And given that a trip to 5th Avenue or SoHo is about as far as Xanadu is, I know which destination I'd ultimately choose.

are they still building adding the new theme park thing?

http://rew-online.com/wp-content/upl...43-938x535.jpg

http://rew-online.com/2016/08/17/ame...tly-nightmare/

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...American Dream will feature 500 stores and restaurants. The project is also supposed to include a 15-acre amusement park, water park, ski slope, theater, ice rink, aquarium and mini golf courses.

Triple Five is also developing a Florida version of American Dream – they announced in March of 2015 plans for an Miami American Dream, which they told Real Estate Weekly at the time would exceed their other projects around the world.

It has been reported that project could cost as much as $4 billion to build and once completed, could employ 25,000 people.

Plans for Miami’s megamall are largely modeled after American Dream in New Jersey, including the indoor amusement park with a roller coaster, a water park, and a Ferris Wheel.

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