Commercial Real Estate, Capital, Insurance, Leasing & Management

Shopping and Entertainment Mecca in South Florida Nearing Final Approvals

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Franklin Street's Robert Granda, director of retail investment sales in South Florida, discusses the latest American Dream Miami mall project update.

Excerpted from CoStar News story.

As South Florida awaits word on its chances to land Amazon’s coveted second headquarters, another massive development moves closer to reality.

Triple Five Worldwide, the company that built the Mall of America in Minnesota, is working on an even bigger retail and entertainment destination at I-75 and Florida’s Turnpike in northwest Miami-Dade County.

Topping 5 million square feet at full build-out, American Dream Miami would be much more than just the nation’s largest mall. It would rival an amusement park with its own Ferris wheel, an aquarium, submarine ride and an indoor ski park, water park and skating rink, to name a few of the planned entertainment options that would greet visitors.

“When was the last time you went to the mall and could go on a submarine ride?” asked Robert Granda, director of retail investment sales for the Franklin Street brokerage. “An indoor ski slope in Florida? It’s crazy.”

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