Xanadu

[ERJ-145CA]

Now it's going to be called American Dream Meadowlands and supposedly open fall of 2013.
http://www.americandream.com/entertainment/

 

[UVSHTSTRM]

Wonder what the lift ticket will cost and I wonder how many skiers they will limit it too. Pretty sure that place will be a zoo!

 

[andyzee]

Now it's going to be called American Dream Meadowlands and supposedly open fall of 2013.
http://www.americandream.com/entertainment/

WOW, deja vu all over again. Another opening date. I think the place will fall apart before it opens. :lol:

 

[ERJ-145CA]

I think it actually represents the American dream now, all crumbling and empty.

 

[andyzee]

The project was officially approved in late 2003 as a joint venture between the former Mills Corporation and the Mack-Cali realty corporation. The project was billed by Mills chairman and executive officer Laurence E. Siegel as "...a new standard for bringing lifestyle, recreation, sports and family entertainment offerings together in one location."[2] Ground was broken on the complex on September 29, 2004,[3] and, at the time, was expected to open two years later.[4]

 

[tarponhead]

Wonder what the lift ticket will cost and I wonder how many skiers they will limit it too. Pretty sure that place will be a zoo!

No idea on the price and guess they would limit it to 1-3 hr sessions like they do for tubing. More $. Yes on the zoo factor.

 

[andyzee]

Now for a fun fact, this place is in the middle of a sports complex, a stadium, arena, and horse track. When would people have most time for:
Indoor Ice Rink
Amusement Park
Ski & Snowboard Park
Water Park
Movie Theatres
Live Performing Arts Theatre
Dining and Restaurants

Weekend? When do the Giants/Jets play? Weekend? Yeah, I'll really feel like going shopping there. Oh, want to do any of these things during the week, that could be a blast as well when you have some major headliners playing the arena.

Pure genius.

 

[ScottySkis]

I hope it's big,

 

[TropicTundR]

I hope it's big,

Like Mad Max Beyond Thunderdome BIG!

 

[BenedictGomez]

This will go down as one of the biggest political scams / taxpayer $$$$ wastes in the history of America.

Sleezy McGreevey's legacy.

 

[ScottySkis]

To bad they can't inclose glass over a 1600 vertical catskill hill, that would be sweet.

 

[andrec10]

To bad they can't inclose glass over a 1600 vertical catskill hill, that would be sweet.

Like Hunter!

 

[ScottySkis]

Like Hunter!

Yes open roof for snow and close it for bad weather

 

[andyzee]

To bad they can't inclose glass over a 1600 vertical catskill hill, that would be sweet.

With the money spent on Xanadu thus far, I'm sure they could have.

 

[AdironRider]

I feel like this place gets more of a bad rap than it deserves.

Last I checked there is still a population base of 8 FIGURES within an easy (as in way easier then heading up to ADK or VT) drive. They already have huge draws in the sports teams, theres just to many people out there not to do somewhat well. Those are some good draws as well, drunk sports fans and gamblers, that has golden goose written all over it, especially if they can convince the family of all the other sweet stuff to do.

That being said, all the bs its gone through has been working against it for a while now. It will take lots of capital up front to see a return, but enough cash and the right guy could see money from it. I mean, its pretty much there now, just get it open.

 

[BenedictGomez]

I feel like this place gets more of a bad rap than it deserves.

That's simply not possible. If you acquaint yourself with the financials, it deserves an ever worse rap than it has.

And with every passing day that it remains unopened, the financials grow worse. It's the ultimate cluster****, not surprising given the whole thing was a scam from day one. How Federal indictments havent yet been handed out I'll never know.

 

[legalskier]

American Dream Project Gets a Reboot
*** Triple Five Group, which got involved with the project in late 2010, has cut a tentative deal with Deutsche Bank AG to provide an approximately $700 million loan to resuscitate and expand the project, according to people familiar with the matter. Deutsche Bank...would provide a key piece of financing for a $1.7 billion-plus effort to finish the giant mall and indoor ski slope and build a sprawling amusement and water park, renamed the American Dream Meadowlands.
Triple Five, which built the Mall of America in Minnesota, also expects to take control of the site within weeks from a group of onetime lenders ***
Story: http://online.wsj.com/article/SB10001424052702303506404577448503546498204.html

 

[marcski]

I'm just happy that its on the west side of the Hudson.

 

[ScottySkis]

American Dream Project Gets a Reboot
*** Triple Five Group, which got involved with the project in late 2010, has cut a tentative deal with Deutsche Bank AG to provide an approximately $700 million loan to resuscitate and expand the project, according to people familiar with the matter. Deutsche Bank...would provide a key piece of financing for a $1.7 billion-plus effort to finish the giant mall and indoor ski slope and build a sprawling amusement and water park, renamed the American Dream Meadowlands.
Triple Five, which built the Mall of America in Minnesota, also expects to take control of the site within weeks from a group of onetime lenders ***
Story: http://online.wsj.com/article/SB10001424052702303506404577448503546498204.html

Well hopefully they make it look nicer looking then what I see from a mile away on high way to work.

 

[legalskier]

According to news accounts, redoing the ugly facade is a priority.