MetLife Meadowlands Sports Complex

50 Hwy 120 East Rutherford, NJ 07073 (201) 935-8500

MetLife Stadium
  Home to Super bowl 48, 2014
  Jets
  Giants - (Schedule | Seating chart)
IZOD Center (meadowands.com)
  (Formerly Brendan Byrne Arena)
  (Former home of the Nets and Devils
  which have moved to Prudential center)

Harness Racing Racetrack

 Stadium - Directions |  Parking

The project was officially approved in late 2003 as a joint venture between the former Mills Corporation and the Mack-Cali realty corporation.

After almost a decade of talks and schemes, of construction starts and stops in which the stalled mall passed from one developer to another (and the parking lot started to sink into the swamp), construction has begun again. The mall is now in the hands of Triple Five, the Alberta-based developer of some of the largest malls in North America.
If things go according to plan--a Yangtze dam-size if--the first stage of the complex will be completed in 2014, in time for the Super Bowl, which will be held that year across the parking lot.
New Jersey has offered Triple Five up to $350 million in state subsidies, making American Dream one of the few government-supported endeavors Christie hasn't enjoyed saying no to.
There is still opposition to any public funding. The current status was up in the air as of the November elections in 2011 as far as I know.

Announcing the agreement with NJ Governor Christie in Aug. 2011, Triple Five's chairman, Nader Ghermezian, said "Today, we are proud to announce that we will be developing the world's largest and most comprehensive retail, entertainment, amusement, recreation, and tourism project ever built," he declares. There is to be an astonishing 7.5 million square feet of retail space. Every year, the mall's developers expect 55 million people.
"We will create 30,000 permanent jobs," he says, citing an "economic benefit" of $3.8 billion that will be injected in the area's economy."

There will be the first indoor ski slope in North America: 800 feet long, sixteen stories high, with fresh snow made daily. There will be a skating rink the size of a small lake. And in the water-themed part of the structure, there will be a gigantic room modeled after Hawaii, with a tropical climate, a pool featuring six-foot waves, and possibly some kind of whale or unusual fish, explained to shoppers by sea-life educators.

Source: ShoppingMallMuseum.blogspot.com

American Dream Meadowlands (www.americandream.com)
Wikipedia

Source: Asbury Park Press

Links:
American Dream Meadowlands - www.americandream.com | Wikipedia
TripleFive.com
Triple Five at wikipedia
American Dream at ShoppingMallMuseum.blogspot.com - Summary, Plan
Swamp Dreams at NY Magazine