Miami approved a $4 billion megamall in 2018 — construction still hasn't started

Triple Five Group, developer of the Mall of America and New Jersey's American Dream megamall, won initial approval from Miami-Dade commissioners in May 2018 to build American Dream Miami: a planned $4 billion complex combining a shopping mall, indoor ski slope, water park and hotel on land in northwest Miami-Dade County. The project was pitched as the largest mall in the United States.

Seven years later, construction had still not begun. Graham Companies, the landowner Triple Five had contracted with under a 2014 agreement, moved to cancel that deal, citing Triple Five's repeated failure to meet development deadlines — leaving Triple Five without secure control of the site it needed to build on. Miami-Dade County itself sued Triple Five over the years of delay.

In July 2025, county commissioners settled the lawsuit: Triple Five agreed to pay a $5 million penalty in installments and received extended deadlines running to 2045 to complete the project, in exchange for keeping the land agreement alive.