Bond Approvals Push Meadowlands Megamall Project Forward


A multibillion-dollar retail and entertainment complex in the Meadowlands sports complex is a step closer to completion.

On Thursday, the New Jersey Sports and Exposition Authority approved amendments to two parts of a $1.15 billion bond that is to be issued next month.

The Record reports that construction workers could return to the site within a few weeks.

The mall, which will include an indoor water park, snowdome, ice rink and observation wheel in addition to high-end retail, was originally known as Xanadu.

It has been in the planning process since the early 2000s and has faced various delays and financing problems.

Developer Triple Five has said the complex is scheduled to open in mid-2018.