Inside the Ghermezians’ fight to keep $4B American Dream alive in Miami

by Francisco Alvarado

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.
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