A long-awaited and contentious project in Meadowlands, N.J., may finally be on the way to completion.
Developer Triple Five Group has signed an agreement with the Bergen County Building and Construction Trades Council for the construction (or shall we say, "reconstruction") of the American Dream mall, the planned cost of which is about $2 billion.
In the end, the development is set to include a water park, an indoor ski slope, and a retail complex.
Governor Chris Christie was present at the signing of the agreement. He once called the development "the ugliest damn building in New Jersey, and maybe America," The Star-Ledger reports.
The American Dream was originally approved for construction in 2003, but has met many challenges along the way. Most recently, the New York Giants and the Jets sued to keep the mall closed on Sundays, citing concerns about traffic on game days. A settlement has been reached, though both sides have declined to disclose details.
Read the full story by The Star-Ledger here.
Related Stories
| Jul 3, 2013
Mid-year special: Top 13 stories for 2013 (so far)
Every six months, we like to take a look back at the stories that generated the most interest from our readers. Here's a roundup of the top 13 articles on BDCnetwork.com for the first six months of 2013.
| Jul 3, 2013
World's biggest freestanding building opens in China
Measuring a stout 100 meters high, 500 meters long, and 400 meters wide, the New Century Global Centre in the Tianfu New District of Chengdu, China, is officially the world's largest freestanding building.
| Jul 3, 2013
Mall of America will double in size after $2.5 billion expansion
The nation's largest indoor mall will undergo a $2.5 billion, 10-year expansion project that will add attractions like an NHL-sized skating rink and an indoor water park.
| Jul 3, 2013
Architects team with HUD to promote 'Rebuild By Design' competition for Hurricane Sandy recovery effort
The American Institute of Architects (AIA) today announced a communications campaign urging its membership to enter the “Rebuild by Design” multi-stage regional design competition announced by Department of Housing and Urban Development (HUD) Secretary Shaun Donovan on June 20.
| Jul 2, 2013
LEED v4 gets green light, will launch this fall
The U.S. Green Building Council membership has voted to adopt LEED v4, the next update to the world’s premier green building rating system.
| Jul 1, 2013
Firestone Building Products Company LLC Announces Sustainability Report
Firestone Building Products Company, LLC, the leading manufacturer of superior “Roots to Rooftops” products for commercial building performance solutions, today announced the release of its 2012 Sustainability Report. The report, the first for Firestone Building Products Company, covers the fiscal 2012 year and is available for download at firestonebpco.com.
| Jul 1, 2013
LEGOLAND builds 12-foot replica of One World Trade Center
The LEGOLAND Discovery Center Westchester in Yonkers, N.Y., celebrated the completion of a LEGO replica of One World Trade Center by lighting the 12-foot-tall, 100-pound model.
| Jul 1, 2013
Report: Global construction market to reach $15 trillion by 2025
A new report released today forecasts the volume of construction output will grow by more than 70% to $15 trillion worldwide by 2025.
| Jul 1, 2013
Elizabeth Chu Richter, FAIA, elected 2015 AIA President
Delegates to the American Institute of Architects (AIA) national convention in Denver elected Elizabeth Chu Richter (AIA Corpus Christi) to serve as the 2014 AIA first vice president/president-elect and 2015 AIA president.
| Jun 28, 2013
Calculating the ROI of building enclosure commissioning
A researcher at Lawrence Berkeley National Laboratory calls building enclosure commissioning “the single-most cost-effective strategy for reducing energy, costs, and greenhouse gas emissions in buildings today.”