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American Dream Bets $5 Billion That Theme Parks Will Play in the New York Area

New Jersey's Mega Complex in Development for Nearly Two Decades Debuts Nickelodeon Universe

Part of American Dream, the mega entertainment-shopping complex in New Jersey, opened Friday. (John Georgiadis/CoStar)
Part of American Dream, the mega entertainment-shopping complex in New Jersey, opened Friday. (John Georgiadis/CoStar)

The New York City area has more than its fair share of shopping venues, from the luxury stores on Fifth Avenue to northern New Jersey’s cluster of malls. But the region has never quite seen the likes of what opened Friday: a sprawling indoor amusement park debuting at the 3 million-square-foot American Dream entertainment-retail complex.

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