A new mall has been rising in East Rutherford, New Jersey, next to the Meadowlands Sports Complex where the NFL’s Jets and Giants play.
And maybe “mall” is too tame a term. When it opens on Oct. 25, American Dream will sport an amusement park alongside a water park, indoor skating rink and indoor ski hill. And by early next year, there’ll be a slew of high-end stores and restaurants. The 3 million-square-foot complex is being developed by Triple Five Group of Edmonton, Alberta.
Analysts say even as mid-market store chains and regional malls are struggling, destination malls that combine high-end exclusive retail brands plus dining and entertainment can succeed and thrive.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
