East Rutherford, NJ— With an injection of $200 million dollars from New Jersey state funds, the indoor ski park American Dream Meadowlands (formerly Xanadu) is back on track for completion.
Originally due to open two years ago, the three million square foot leisure center has encountered multiple delays. The bad economy prompted tenants to bail out, and ownership has changed hands several times. Construction has been stalled for the past two years.
But that’s all about to change. On Wednesday, June 29th, the New Jersey legislature voted to direct $200 million dollars into the park, as part of their Economic Development and Growth Grant program.
Governor Chris Christie said, “What we’re trying to do is provide incentives for places like American Dream at the Meadowlands to be built, and in these difficult economic times, the state is going to become a partner, a small partner in the project, but a partner nonetheless,” in a radio broadcast on WNYC. An estimated 9,000 construction workers will be employed to finish building the park, and about 35,000 jobs will be created upon completion.
American Dream at the Meadowlands is slated to open over a period of time in 2013 and 2014. In addition to its star attraction, a 780-foot indoor ski slope, the park will have shops, restaurants, a water park, and movie theaters.
(Photo courtesy Wikipedia Commons.)