American Dream Miami, a proposed mega-mall project developed by Triple Five, has faced prolonged legal challenges and delays since its conception in 2018. Miami-Dade County claims the developers failed to file necessary permits by 2020 and missed the opening deadline of 2025 while remaining without any significant development on the 175-acre site. The county seeks a $5 million penalty as stipulated in their land sale agreement. Meanwhile, Triple Five remains embroiled in a separate legal dispute with the Graham Companies regarding land acquisition issues related to the project's timeline.
Miami-Dade County has demanded a $5 million fee from the developers of American Dream Miami for their failure to meet critical construction deadlines, amidst ongoing legal disputes.
The 175-acre American Dream Miami project, expected to launch in 2020, still lacks necessary permits and remains unstarted as of 2025, raising concerns of neglect from the developers.
Although Triple Five asserts advancements in state road construction around the American Dream site, Miami-Dade officials allege a breach of contractual obligations leading to the current lawsuit.
Mayor Daniella Levine Cava is now upholding the $5 million penalty against Triple Five, emphasizing the significant lack of progress on the much-anticipated mega-mall project.
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