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Report: American Dream Meadowlands mall close to signing big retailers

New York -- American Dream Meadowlands, the much-delayed shopping and entertainment complex adjacent to Metlife Stadium in East Rutherford, N.J., is close to signing several major retail tenants, according to Crain’s New York.

The complex, originally called Xanadu, was started in 2004, and never completed. It has gone through several changes in ownerships, eventually falling into default. In July, it was acquired by Canadian developer Triple Five Group.

Crain’s reported that Uniqlo, Topshop, Forever21 and Zara are in advanced negotiations to take space in the center. The complex will also have a big entertainment emphasis, with an indoor ski slope and the largest Ferris wheel in the U.S among the planned attractions.

However, the center’s future remains shadowed by an ongoing battle with Both parties are due in Bergen County Superior Court in Hackensack on Aug. 23 for a hearing-the latest in a long legal battle.

 

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