Inside the Ghermezians’ fight to keep $4B American Dream alive in Miami
It takes serious imagination to envision dropping a 16-story indoor ski slope near swampland in South Florida. That’s why the Ghermezian family, owners of the three largest shopping centers in North America, may be the only developers willing and able to pull it off. The ski slope is among the entertainment centerpieces of the Ghermezians’ plan to transform roughly 175 acres of barren land, tucked between two major highways in Miami-Dade County, into their biggest theme park mall yet. Triple Five, led by cousins Paul and Don Ghermezian, has long planned to develop American Dream Miami, a $4 billion, 6 […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Why has housing inventory growth slowed?

These Fall Gardening Mistakes Can Add Hundreds to Your Winter Heating Bills

From Forbes 30 Under 30 to Cell Block D: How 5 Former Wunderkinds Swapped Pricey Mansions for Federal Prison

A Pirate’s Paradise! $1 Million Home In ‘Canada’s Caribbean’ Overlooks Real-Life Shipwreck

Judy Garland’s Former Cape Cod Escape Hits the Market for $6.8 Million—Just Across the Street From Iconic Kennedy Compound

‘We Buy Crumbling Historic Homes in Baltimore—and Turn Them Into Lucrative Rentals Using DIY Skills We Learned on Google’

To Flip or Rent Out: What’s a Better Return on a Fixer-Upper Right Now?

Mississippi among slowest markets as gap with U.S. widens

CFO Kevin Ryan to retire from Better, will join PennyMac as chief strategy officer

Tech Pulse: Agent AI adoption remains slow; title fraud thwarted in Ohio
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131