LogFAQs > #929284170

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, Database 5 ( 01.01.2019-12.31.2019 ), DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicThe AMERICAN DREAM MALL built for 5 BILLION is opening its doors..Will you go???
mrduckbear
10/26/19 10:18:19 PM
#1:


Will you be going to this 5 billion mall? - Results (4 votes)
Yes. it looks pretty cool and it's gonna be super successful!!
0% (0 votes)
0
Yes but given the downturn of malls, i still think it'll fail in the end
25% (1 vote)
1
No i won't go but i must admit it looks pretty nice and it's gonna be stick around for a long time
25% (1 vote)
1
No i won't go. All that money will go down the drain and it will go bankrupt
50% (2 votes)
2
More than 2 decades in the making after billions spent..5 BILLION to be exact, the "American Dream" mall is finally opening its doors in New Jersey as the second largest mallin the country and third in North America. It has a 3 million sft of leasable space for more than a dozen entertainment attractions like a 16 story indoor ski slope, rollercoaster, waterpark,and 450 retail food and specialty shops.

The big question will be: Will anyone come?

In today's retail landscape, consumers prefer their Iphones and smartphones and can do without shopping in store without leaving the couch as Amazon has morphed into the biggest online retailerin the world

Traffic in malls have declined 10% since it's rise in the 90s and even though a quarter of shopping malls will close by 2022, this mall was still built..infact, only NINE have been built since 2015

The mall is expected to draw 45-50 million visitors a year as entertainment will account for more than half of its space including a BUNNY FIELD and aviary as well as a doggy daycare and luxury wing where shopperes can sit and drink CHAMPAGNE and sample caviar

In the opening day, roughly 3000 were invited as it was still a work in progress before it opens in the Spring of 2020 but most of the attractions were already built besides the ski slope and waterpark which should be done by the end of this year

Givoanni Scolari who lives nearby has a 7 y/o and grandchildrern who said "this is going to be a draw"

Don Ghermezian, the CEO of American Dream and Canada's Triple Five realized what was happening to the retail landscape and had to make a bigger statement with this despite the massive price tag as he expects to surpas sales at both Mall of America and West Edmonton Mall in Canada, the largest in North America

Jason Goldberg, the chief commerce strategy said this will either sink or swim as its tough to get a lot of attention when it's next to a bigger amusement park..Manhattan but that it could work to entice families to get to come here but it will also have to abide by blue laws meaning retail will be closed on SUNDAYS even though restaurants and theme parks are open

Will you go to this mall?

The "American Dream" -

OYml0Xp

V0HipVw

Oa7ESsq

G0ZUwxg

t1Eu3yZ

CiCMOll

1Dtkoik

Don - Spent 5 billion smackers for this

k6xeRGh

Mall of America - 3rd biggest mall in NA

c2yjBi3

ty7jTaG

West Edmonton Mall- 1st biggest mall in NA

7HZpvd9

az2py6H

z2Ncb8c
---
2019 will likely be the last year for random news..
... Copied to Clipboard!
Topic List
Page List: 1