'American Dream' says it will open with Lord & Taylor, Sak's

A long delayed megamall in northern New Jersey has announced agreements with several major national retailers for its scheduled summer 2017 opening.

American Dream under construction several years ago. The megamall says it will open with Lord & Taylor and Sak's.

American Dream under construction several years ago. The megamall says it will open with Lord & Taylor and Sak's. (9/11/15)

EAST RUTHERFORD - A long delayed megamall in northern New Jersey has announced agreements with several major national retailers for its scheduled summer 2017 opening.

The American Dream Meadowlands announced Friday that Lord & Taylor and Saks Fifth Avenue will open at the mall.

The sprawling project originally known as Xanadu has been in the planning process since the early 2000s and has faced various delays and financing problems.

Triple Five, the project's developer, plans to invest $2.5 billion in the site, $800 million of which will be raised through bond issuances.

The state approved up to $390 million in tax breaks for the project last month.

Saks will also open an outlet store there.

advertisement | advertise on News 12

Trending Video

VIDEO: Preview of PNC Art Center's summer shows 1 VIDEO: Preview of PNC Art Center's summer shows
87-year-old Inge Goldstein poses with a sign she 2 Women's March event to be held in Pompton Plains
The Jewish community center in Edison was evacuated 3 JCC in Edison temporarily evacuated after bomb threat
Connor Mills is today's Scholar Athlete. 4 Scholar Athlete - Connor Mills
Work continues in Jersey City after water main 5 Water main break causing problems in Jersey City

advertisement | advertise on News 12

More News

American Dream won't open until summer 2017, according American Dream opening pushed to 2017

The developer for the American Dream complex at the Meadowlands has gotten approval for more

Triple Five and the Bergen County Building & 'American Dream' reaches agreement with union

After years of delays, work will finally begin on a Meadowlands megamall in the next

The lawsuit claims Edmonton-based Triple Five and the Judge refuses to toss Meadowlands megamall lawsuit

A New Jersey judge has refused to throw out a lawsuit filed by the New

The developers of the American Dream project are American Dream developers sue Jets, Giants

The developers of the American Dream project are suing the owners of the New York

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE