American Dream Miami is planned to become the biggest mall in America, and developer Triple Five continues working to bring the project to the construction phase.
The approval process has been in the works since at least early 2015. In May, perhaps the biggest hurdle was overcome when Miami-Dade’s commission voted in favor of modifying the county’s Comprehensive Development Master Plan, giving the developer the zoning changes required to build.
There still remains work to be done before the project can break ground, including:
Roads – Around $210 million worth of roads need to be built, an attorney for the developer told Miami-Dade’s commission in may. FDOT has agreed to pay for some of it, but the developer must fund the rest (around $60 million in impact fees are expected to be generated).
Environmental approval – A total of 32 different environmental and archaeological permits from local, state and federal regulators are needed, according to WLRN. The agencies include the Miami-Dade County Department of Environmental Resources Management (DERM), South Florida Water Management District, the Army Corps of Engineers and the state Department of Environmental Protection.
Administrative site plan and platting – A Miami-Dade official told Miami Today it would probably take around nine months for the county to approve the project’s site plan. A replat of the property must also be separately approved.
In total, the project will include 7.2 million square feet, and include an retail, restaurants, an indoor ski slope, a walk-through aquarium, a skating rink, an ice-climbing wall, live theater venues for Russian ballet and Chinese acrobats and 2,000 hotel rooms.
Completion is expected in 2022 or 2023, according to the development agreement approved in May. The entire project is expected to be built in a single phase.