Long-delayed American Dream mall moves closer to reality

The nearly 3 million-sq.-ft. American Dream retail and entertainment center in the New Jersey Meadowlands has moved one step closer to completion.



On Thursday, the New Jersey Sports and Exposition Authority, which owns the site, voted for a second time to issue $1.15 billion in bonds to finance the completion of the long-delayed project after a non-profit group had threatened to file a law suit to block the sale, NorthJersey.com reported.



The agency voted to readopt resolutions for the sale of bonds on behalf of Canadian developer Triple Five Worldwide. The bonds will allow the company to complete the project, which now has a mid-2018 opening date.



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