News Summary

• The Ghermezian family, owners of the three largest shopping centers in North America, may be the only developers willing and able to pull it off.
• Triple Five has long planned to develop American Dream Miami, a $4 billion, 6 million-square-foot entertainment and retail center.
• The project will feature a water park, 3-D cinema multiplex, 2,000 hotel rooms, and other theme park attractions.
• The biggest hurdle for Triple Five is lifting the county’s ban on seeking subsidies to help pay for road construction.