402 replies to this topic

[Kapten Kapsell]

Ivanhoe Cambridge has cancelled the sale of Mayfair Mall and several other shopping centres it owns due to tepid interest and the inability to get the price they wanted.

https://www.theglobe...malls-after-it/

Edited by Kapten Kapsell, 10 August 2019 - 01:27 PM.

[Victoria Watcher]

The West Edmonton Mall has been put up as collateral on a troubled mega-mall development now open for business on the site of a former swamp in New Jersey. 

 

After endless delays and billions of dollars in investment, the American Dream mega-mall opened Friday in the Meadowlands Sports Complex in East Rutherford, N.J.

 

Triple Five Group, founded by the Ghermezians — Edmonton's mall-building billionaire family — put up 49 per cent of its interest in West Edmonton Mall, and 49 per cent of its interest in the Mall of America, in Bloomington, Minn., to finance the problem-plagued development.

 

Edmonton's mega-mall was wagered in exchange for a construction loan with Goldman Sachs and JPMorgan Chase. 

 

 

https://www.cbc.ca/n...dream-1.5338042

 

 

America's Most Expensive Mall Just Opened, Complete With a Water Park, Ski Hill, and Rollercoaster

 

http://money.com/mon...expensive-mall/

 

 

 

Here's what you'll find when you hit America's newest mega-mall

https://www.cbsnews....-shoppers-come/

 

 

When the "American Dream" shopping mall and entertainment complex was first conceived more than two decades ago, the internet was in its infancy and Amazon.com was still a gleam in Jeff Bezos's eye. Yet while times have clearly changed, the facility's operators — which opened its doors on Friday in East Rutherford, New Jersey  — think consumers haven't completely given up on the idea of hitting the mall. 

 

 

The mall is the second-largest in the U.S. and cost an estimated $5 billion to build. It is launching at a time when thousands of brick-and-mortar retailers are closing shop. It will showcase 3 million square feet of leasable space dedicated to more than a dozen entertainment attractions, including a 16-story indoor ski slope, rollercoaster, water park and eventually 450 retail, food and specialty shops. Here's what consumers can expect to find.

 

Edited by Victoria Watcher, 28 October 2019 - 05:34 PM.

[SpongeG]

Only the amusement park opened, the waterpark will open in December, the ski hill is opening in 2020 I think and there are no retailers or restaurants in the mall as they will open Spring/Summer 2020.

 

I've watched a lot of videos on youtube of people visiting the mall. The amusement park for a ride pass is $49.99 and will go up to $79.99 when all rides are functioning, it seems a lot of the rides were not open when they opened so they have been giving people passes to use at a future date since they showed up to find so much not ready to ride yet.

 

Many people complained that they had to pay for parking and when they get there, there is no where to eat, it seems like its in the middle of nothing else? they said if you plan to come go eat somewhere cause you're out of luck when you get here.