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.
Recent Posts

Perkins Realty expands South Florida commercial portfolio with $27M buy

Namdar nabs $460M in construction, bridge loans for 1,400-unit downtown Miami apartment towers

Architect Chad Oppenheim finds buyer for waterfront Sunset Islands home

Ytech scores $565M construction loan for 1428 Brickell condo tower

Lease roundup: Swedish candy store and British childrenswear shop opened at The Royal Poinciana Plaza in Palm Beach

Movers & Shakers: Better Homes & Gardens buys 80-agent firm in Broward

Time is running out for South Florida developers to cash in on EB-5

On eve of election day, considering what new administrations in NYC, Miami mean for real estate

Lincoln Road landlords and brokers stage a comeback

Knives out: Developers clash over West Palm Beach condo buyouts

