The Mall of America’s owners want to build an even bigger shopping and entertainment hub.
Triple Five Group, the company behind the Mall of America, says it wants to build a 200-acre shopping and entertainment destination in southeastern Florida. Called “American Dream Miami,” the facility would include a variety of entertainment features along with retail stores, including a submarine ride, a ski slope, a Ferris wheel and a roller coaster.
The Miami Herald reports the project would cost $4 billion and create up to 25,000 construction jobs. In a statement, Triple Five says its goal is to hire the same number of people once the facility is built:
American Dream Miami is still awaiting land zoning approval, according to The Miami Herald. Triple Five is family-owned and was started in Canada, the Herald reports.
The news comes about a year after Fortune reported that the Mall of America will be expanding.