More Than 17 Years In The Making, American Dream Megamall’s Story Was Shaped By Retail’s Upheaval

by MR Magazine Staff

After more than 17 years in the making, the first phase of America’s newest megamall will finally open to the public Friday in East Rutherford, New Jersey. What makes the $5 billion American Dream’s opening so highly anticipated is its labyrinthine history. It was first envisioned in 1996 and has had several owners. Had you driven past it on the New Jersey Turnpike nearly a decade ago, you might recall a multicolored eyesore that the then-governor called one of the ugliest buildings in the state and maybe even the country rather than a massive shopping entertainment complex. Read more at CNBC.