Dive Brief:

• Triple Five Group, owner of the Mall of America and the West Edmonton Mall, has signed an agreement with the Bergen County Building and Construction Trades Council, and the Canadian company now says it hopes to open the American Dream mall in New Jersey's Meadowlands in fall 2016.
• Triple Five, who is the third owner of the project, figures to spend about $2 billion completing the mall.
• On the day the agreement was signed, New Jersey Gov. Chris Christie said that changing the current outside of the partially built structure will be the first thing to do because it is "the ugliest damn building in New Jersey, and maybe America."

Dive Insight:

The American Dream project has been stumbling along since 2003, when it was going to be called Xanadu. It is supposed to have an indoor ski slope, a water park and an amusement park along with its many stores. The New York Giants and New York Jets football teams sued to keep it closed on Sundays due to feared parking chaos with the Meadowlands stadium nearby, but that's been settled with an undisclosed agreement.