Owners of 'American Dream' complex reportedly in negotiations with several chain clothing stores
Aug 27, 2013 | 1981 views | 0 0 comments | 72 72 recommendations | email to a friend | print
Xanadu
AWAITING REBIRTH – Xanadu – seen here from the Hackensack River -- stands among other ruins of the past. Developers hope to make the faltered dream into a reality.
view slideshow (2 images)
MEADOWLANDS -- According to NJbiz, the owners of the proposed American Dream retail/entertainment complex on Route 3 in East Rutherford are negotiating deals with four specific clothing retailers. The story cites talks with Forever21, Topshop, Uniqlo, and Zara.

The story says, "According to people with knowledge of the deals, many will be flagship locations that will outshine the chain's outposts on the far side of the Hudson in Manhattan. Zara will occupy about 50,000 square feet in the complex for instance, one of its largest stores globally, and Forever21's store will be as big or bigger than its Times Square flagship, which is about 100,000 square feet. Sources also said Cirque du Soleil would perform shows at the venue, which will have other attractions, including an indoor ski slope and the largest Ferris wheel in the U.S. The deals with tenants, who are widely regarded as marquee retailers that appeal to both mass-market and fashion conscious shoppers, marks a major turnaround for the complex and provides hints that it could siphon shoppers who would normally trek into Manhattan."

The former Xanadu complex has had its ups and downs, and has moved forward under the new owners, Triple Five.



Comments
(0)
Comments-icon Post a Comment
No Comments Yet