America's largest mall proposed in Miami area

Sea lions, submarines and enough space for 800 stores. That's what the owners of the Mall of America in Minnesota are proposing for the American Dream mall in the Miami suburbs, which could some day be America's biggest mall, according to the Miami Herald.

The newspaper says the project is estimated to cost $4 billion, span 200 acres and employ more than 25,000 people.

At a time when online shopping, the recent recession and demographic shifts are killing some shopping malls, other malls that specialize in high-end goods are still posting record sales. The owners of the Mall of America are hoping those same shoppers at high-end malls will be attracted to the American Dream mall in Miami.

Read the Herald’s story here.