The American Dream Miami mega-mall project, initially approved in May 2018, remains stalled with no construction progress after seven years. Developer Triple Five is seeking county subsidies to address financial issues and has faced legal challenges, including a $5 million lawsuit from Miami-Dade. A proposal to lift an existing subsidy cap has been delayed for further consideration, which could allow Triple Five to request assistance for about $60 million in road construction costs needed to link the project to major highways.
The stalled American Dream Miami mega-mall project may ask for property taxes to revive its fortunes. Construction hasn't started even seven years after initial approval.
Lifting the subsidy ban would allow developer Triple Five to request county funding for around $60 million in necessary road construction costs.
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