EAST RUTHERFORD, N.J.—The Giants and Jets are teaming up to sue the Triple Five Group, an Edmonton based developer behind the American Dream retail and entertainment venue at the Meadowlands Sports Complex.
It's not often that Rex Ryan's Jets see eye-to-eye with Tom Coughlin's Giants, but both clubs are alleging that the traffic and parking issues caused by the one-million square foot mall and sprawling amusement park will have a negative impact on fans' experience on game days. Triple Five Group, which also owns Mall-of-America in Minnesota is alleged not to have received ‘prior written consent' for its expansion of the project formerly known as Xanadu. It's estimated that 55 million visitors could flock to the American Dream each year.
This week Triple Five Group fired back at New York's gridiron teams, calling the suit ‘frivolous' and contending its year-round entertainment venue is compatible with the teams' use of Metlife Stadium.
The legal roadblocks were filed in Bergen County, delaying a project that has been in the works for nearly a decade. If the legal hurdles are cleared, the American Dream is expected to create hundreds of jobs in the region provide an economic stimulus to the tourism industry in Northern New Jersey.