MOA owners to jumpstart troubled mega retail and entertainment complex in northern New Jersey

The Wall Street Journal reports Triple Five Group plans to take control of the American Dream Meadowlands site in northern New Jersey after reaching a deal for a $700 million loan to resuscitate the project. Investors spent $1.9 billion on the giant mall and entertainment complex before it stalled in 2009. Triple Five is the Canadian-based owner of the Mall of America in Bloomington.
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The Wall Street Journal reports Triple Five Group plans to take control of the American Dream Meadowlands site in northern New Jersey after reaching a deal for a $700 million loan to resuscitate the project. Investors spent $1.9 billion on the giant mall and entertainment complex before it stalled in 2009. Triple Five is the Canadian-based owner of the Mall of America in Bloomington.

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