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

DRA jumps into Miami’s Allapattah with $74M multifamily acquisition

Anheuser-Busch heirs buy Wellington equine facility for $25M

Olympus Property expands South Florida multifamily portfolio with $46M purchase

Timbaland finds buyer for Coral Gables mansion asking $16M

Movers & Shakers: Colliers adds Miami VP

Bain Capital, 11North pay $395M for portfolio of 10 shopping centers, mostly in Florida

Articulating Your Value as a Real Estate Broker

Balancing AI’s Benefits and Risks in Real Estate

Top Agents Blend Data, Story and Strategy

Smart Projects to Boost Home Value