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The…American Dream Miami

March 3, 2015
THE MALL OF AMERICA IS THE LARGEST SHOPPING CENTER AT 4.2 MILLION SQUARE FEET WITH 520 STORES.

Last week however a project was unveiled, called the American Dream Miami by the Canadian firm, Triple Five Group, one that aims to be the largest shopping mall in U.S. The firm hopes to exceed all of their other projects one of which includes the world famous, Mall of America.

Expected to cost around $4 billion according to Miami-Dade County’s Mayor, American Dream Miami is to include countless attractions aside from the standard retail space. Included in the project would be a water park, ski slope, miniature golf, bowling, a sea-lion show, submarine ride, performing-arts theater, a Ferris wheel, ice rink, restaurants, a roller-coaster ride as well as hotels and condominiums.

A large scale project such as American Dream Miami, many questions and concerns may arise with whether the area can support such a project.

With a strong population growth and a strong retail market as many would argue. Many developers are looking to Miami as a good location for a retail center including the over 550,000 square foot Brickell City Centre, the over 750,000 square foot Mall at Miami Worldcenter and more.

source: WSJ

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