Forbes
The American Dream Mall Had Retail Problems Before Coronavirus. Now, They’re Worse.
Don Ghermezian, who is overseeing the project for Triple Five, said in April that he had made a strategic shift in the makeup of the complex, from a 55%-45% entertainment to retail split to 70% entertainment, 30% retail mix.
But as analyst Lisa Washburn, managing director at Municipal Market Analytics noted in the Bond Buyer, that shift likely was driven by the challenged retail sector “rather than a demand-supported strategic business decision.”