Drone Video Shows Progress At American Dream Meadowlands

BERGEN COUNTY, NJ — Progress continues to be made at the massive American Dream Meadowlands mega-mall in East Rutherford.

Drone footage released recently by NJ.com shows the exterior of the $5 billion facility in East Rutherford.

American Dream Meadowlands is slated to open "late summer," a post on the facility's Instagram's page states. (See related: It Appears American Dream's Opening Has Been Pushed Back (Again))

The opening date is later than the March opening date developer Triple Five was shooting for. Gov. Phil Murphy recently said that the opening date had been pushed back to "closer to June." (See related: American Dream Meadowlands Opening Date Pushed Back, Gov. Says)

American Dream was originally slated to open in 2017. Developer Triple Five pushed back the completion date because it had difficulty securing the $1.1 billion in financing. It worked with Goldman Sachs and J.P. Morgan to secure $1.6 billion in construction financing. Goldman Sachs and J.P. Morgan also sold $1.1 billion in tax-exempt bonds for the project.

The 93-acre campus is expected to generate $1.2 billion in income and 16,000 jobs in its first year of operation. (See related: American Dream Meadowlands To Generate $1.2B In Income, 16K Jobs)

American Dream will have North America's largest indoor water park, the biggest indoor ski park in the western hemisphere, and the first Sea Life Aquarium in New Jersey, among other attractions. (See related: Take A Virtual Tour Of American Dream's Water Park [Videos])

Email: daniel.hubbard@patch.com