Mall of America to Acquire Xanadu Complex

By Marie DeNoia Aronsohn

 There is a new deal in the works to complete the long-dormant Xanadu retail and entertainment complex at the Meadowlands.  Triple Five, the Canadian firm that developed The Mall of America in Minnesota, confirms it has signed a contract with lenders to take over construction.  A spokeswoman says they plan to release details on Tuesday.  Meanwhile, a published report says the Christie administration was instrumental in brokering the deal, agreeing to provide low-interest financing for the project.

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