Big things happening at American Dream

Big things happening at American Dream

26 Mayıs 2018 - 02:00

If you've driven by the Route 3-New Jersey Turnpike interchange recently, you've noticed it. Construction crews are on site, equipment that had been standing unused for years is working overtime. Big things are happening at the once dormant site of the former eyesore known as Xanadu. Now dubbed the "American Dream," construction has been going at a steady rate as new structures are being framed.

The highly-anticipated, and often-stalled, development has become well known for two things -- its planned massive size, and the many issues and delays that have stalled construction multiple times since it was first proposed in 2003. But, this time, its developer, Canadian-based development and finance company Triple Five, says the dream is actually going to become a reality.

"North
MallofAmerica.com
So, what is happening at the Meadowlands?

Triple Five took over the Meadowlands project in December 2010. In May and June of 2017, the company secured $2.77 billion in bonds to allow for full-financing of the project.

Triple Five also owns the West Edmonton Mall and the Mall of America, each of which spans 5 million square feet. The company is currently developing a $4 billion, 175-acre American Dream mall in Miami that it hopes will compete with Disney World for tourism traffic.

"Screen
Triple Five

Construction costs are running $75 million per month -- or $3 million per day -- while about 1,500 workers are on site five to six days per week building the 3 million square foot American Dream Meadowlands, according to Debbie Patire, a Triple Five spokeswoman. In the foreground, closest to I-95/ NJ Turnpike the two most active parts of the construction site right now are the Nickelodeon Universe Theme Park (left) and the DreamWorks Water Park (right).

Construction is about 60 percent complete. Work is expected to ramp up in mid-to-late fall, when the tenant spaces are turned over to the leaseholders. At that time, about 3,000 construction workers will be finishing out the project at a 24/7 work pace, Patire said. You can watch the progress from a live Earthcam.

According to Triple Five, it is on pace to open most of the huge development in the spring of 2019.

"Screen
American Dream
What's going on right now?

A three-level building elevated over an interior roadway is being built to connect the retail portion of the mega-mall to the water and theme parks. Concrete floors are being erected, the tenant spaces are starting to be delineated, sky lights are being installed and the archway for the water park is taking shape, Patire said.  

"Screen
Triple Five
What's the break down?

The mall will consist of 55 percent entertainment and 45 percent retail. In addition to the theme park and water park, there will be Kidzania (a mini city where kids can role play), an indoor snow park, a 235-foot diameter ferris wheel, Sea Life Aquarium, Legoland Discovery Center, an NHL regulation-sized indoor ice rink and a luxury state-of-the-art dine-in movie theater with 4-D screens, Triple Five says.


Kaynak:Nj.com

YORUMLAR

  • 0 Yorum
Henüz Yorum Eklenmemiştir.İlk yorum yapan siz olun..
İLGİNİZİ ÇEKEBİLİR x
Geyik Avcısına Bambi İzleme Cezası
Geyik Avcısına Bambi İzleme Cezası
Pittsburgh'ta Suriyeli Şeyma'yı Hastanelik Ettiler
Pittsburgh'ta Suriyeli Şeyma'yı Hastanelik Ettiler