American Dream Mall To Shift Plans Again Once It Can Reopen
Apr 22, 2020
When first conceived in the early 2000s by previous developers, the complex—then called Xanadu—was to be primarily retail, with some anchor entertainment facilities like an indoor ski slope, an indoor Ferris wheel, and assorted amusement park entities. When it finally took its pre-opening form last year, Triple Five said it would be 55% entertainment, with the balance composed of traditional retailers. But in an interview with CNBC earlier this week, it said the ratio was now shifting to roughly 70% entertainment, with retail accounting for less than a third of the total space. Read more at Forbes.