Mall of America

Mall of America
Mall of america logo13.png
The Mall of America logo
2018 Mall of America 01.jpg
The entrance to Mall of America
Alternative namesMoA
General information
TypeShopping mall
Address60 East Broadway, Bloomington, Minnesota, United States 55425
Coordinates44°51′15″N 93°14′32″W / 44°51′15″N 93°14′32″W / 44.85417; -93.24222

The Mall of America (commonly, locally known as "MOA") is a shopping mall located in Bloomington, Minnesota, United States (a suburb of the Twin Cities). It lies southeast of the junction of Interstate 494 and Minnesota State Highway 77, north of the Minnesota River, and across the Interstate from the Minneapolis St. Paul International Airport. Opened in 1992, it is the largest mall in the United States in terms of total floor area (including Nickelodeon Universe), the fifth largest mall in North America in terms of leaseable space and the twelfth largest in the world.

The mall is managed by the Triple Five Group (which in turn is owned by Canada's Ghermezian family, along with the West Edmonton Mall and the future American Dream Meadowlands). Eighty percent of visitors to the Mall of America are from Minnesota, Wisconsin, Iowa, Nebraska, the Dakotas, Illinois, Ohio and Canada.[2]

History

One escalator well

The mall's concept was designed by the Triple Five Group, owned by the Ghermezian brothers, who also own the largest shopping mall in North America, the West Edmonton Mall.[3][4] The Mall of America is located on the site of the former Metropolitan Stadium,[5] where the Minnesota Vikings and Minnesota Twins played[6] until the Hubert H. Humphrey Metrodome opened in 1982.[7] A plaque in the mall's amusement park commemorates the former location of home plate[8] and one seat from Met Stadium was placed in Mall of America at the exact location it occupied in the stadium, commemorating a 520-foot (160 m) home run hit by hall-of-famer Harmon Killebrew on June 3, 1967.[9]

In 1986, the Bloomington Port Authority signed an agreement with the Ghermezian organization.[citation needed] Groundbreaking for the mall took place on June 14, 1989.[10] Organizations involved include Melvin Simon and Associates,[11] Teachers Insurance and Annuity (a.k.a. TIAA)[12] and the office of architect Jon Jerde.[13]

Mall of America opened its doors to the public on August 11, 1992.[14] Its anchors were Nordstrom, Macy's, Bloomingdale's and Sears.[15] Even before opening, the mall had earned several nicknames, including "The Megamall", "Sprawl of America", "Hugedale" in reference to the four major "dale" shopping malls within the Twin Cities: Rosedale, Southdale, Ridgedale and the now-defunct Brookdale.[citation needed]

Mall of America became the largest shopping mall in total area and largest in total store vendors in the United States when it opened. The Mall of America's 42 million annual visitors equal roughly eight times the population of the state of Minnesota. As of 2015, the mall employed over 11,000 workers year-round and 13,000 during peak seasons.[16]

On September 4, 1995, the mall hosted the first episode of WCW Monday Nitro.[17]

Legal battle

In 2003, after a protracted six-year legal battle between Simon Property Group, the managing general partner of the property, and the Ghermezian brothers/Triple Five Group, over majority ownership of the site, a federal appeals court ruled in favor of the Ghermezians, effectively transferring control and planning authority of the mall back to the creator of the concept.[18] The dispute stemmed from a 1999 purchase of Teacher's Insurance's 27.5% equity stake by Simon Properties, giving them majority ownership. The Ghermezians claimed they were never told of the deal and sued Simon, citing fiduciary responsibility.[19] On November 3, 2006, the Ghermezians gained full control of Mall of America by spending US$1 billion.[20]

Expansions

On May 18, 2008, the Mall of America received a tax break for a proposed $2 billion expansion. The bill gave the city of Bloomington the ability to increase taxes on sales, lodging and food and beverages to finance a parking ramp at the mall. [21] On March 24, 2012, the Triple Five Group announced the start of a $200 million expansion that would build into the north parking lot of the mall. The plans called for an additional hotel and an additional 200,000 square feet (19,000 m2) of retail space.[22] The project broke ground in the fall of 2013 and began opening in stages in the summer of 2015.[23][24] In March 2014, ground was broken on the mall's north side for the $104 million, 14-story JW Marriott hotel, owned and financed by the Shakopee Mdewakanton Sioux Community.[25] In 2018, it was announced that MOA had proposed to build an indoor water park, with a cost between $150 to $200 million for the project. [26]

Other Languages
العربية: مول أمريكا
español: Mall of America
français: Mall of America
Bahasa Indonesia: Mall of America
italiano: Mall of America
Nederlands: Mall of America
norsk nynorsk: Mall of America
Simple English: Mall of America
slovenčina: Mall of America