NORTH JERSEY — The American Dream recreation and entertainment project formerly known as Xanadu will not completely open in time for the 2014 Super Bowl right next door, reported NJBiz yestereday.
Jill Renslow, spokesperson for the developer Triple Five, said that a water park and amusement park component, which is currently the subject of an environmental review, will not be open by the February 2014 championship game in the Meadowlands.
During that time Renslow expects that visitors will be able to go on tours to see what’s planned for the site.
Triple Five has yet to secure $1.8 billion in financing for the project, according to the article.
“Once the financing is in place, it really puts leasing pedal to the metal,” Renslow is quoted as saying. “We’re moving forward with that, and it’s really going to be our focus for this year, because once we can get all of our partners lined up and fill up the retail spaces, we have to do the tenant build-outs.”
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