The billionaire Edmonton family behind the West Edmonton Mall and the Mall of America have announced a massive new project in Florida.
Debbie Patire, spokeswoman for Triple Five Group U.S., said the company is in the initial development stages for American Dream Miami.
“We are in the very, very early stages of development for this project but it’s building on the success of what we started 30 years ago at West Edmonton Mall,” Patire told Yahoo Canada News.
Triple Five is the multibillion-dollar economic offspring of the Ghermezian family.
Patire declined a request for an interview with any of the notoriously publicity-shy family members.
The company was founded by Jacob Ghermezian, a rug exporter in Iran who built his first successful retail multiplex in Tehran before emigrating to Montreal in the 1950s, according to his January 2000 obituary in the Los Angeles Times.
In Canada, Ghermezian resumed his carpet export business and quickly built it into a chain of stores.
In the earlyRead More »from Family behind West Edmonton Mall now planning America's (new) largest mall