MOA water park a step closer, but economy is a splash of cold water
The St. Paul Port Authority will help finance the $430 million project.
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The St. Paul Port Authority will help finance the $430 million project.
After a tough pandemic break, the experiential component is starting to pay off for the American Dream megamall. Will it be enough to pay the bills?
The mall's developer was late paying funds used to support $800 million of municipal bonds, requiring a draw on reserves to make an interest payment.
"The mall's definitely in trouble," East Rutherford Mayor Jeffrey Lahullier said in an interview Monday about American Dream in the Meadowlands.
For owners of the snakebit retail and amusement park in the Meadowlands, it's another chance at a fresh start.