Inaugural Sesame Street site set to open
American Dream venue will be first of several
By: Daniel Munoz
NorthJersey.com
USA Today Network - New Jersey
..... An opening date has been set for a new Sesame Street Learn & Play site at American Dream, a 3.5 million-square-foot mega-mall in the Meadowlands.
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Once open on November 16m [2024] the 13,000-square-foot facility will allow children to learn about the rainforest's as they step into Elmo's World, role-play shop at Hopper's Store, Check out Abby cadabby's magical garden, or visit 123 Stoop and Oscar's trash can.
..... Sesame street is cherished by millions, and featuring this iconic brand at American Dream highlights our commitment to creating memorable family experiences," American Dream General Manager Bryan Gaus said Wednesday [10/30/2024] in a statement.
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Jennifer Ahearn, a senior vice president at Sesame workshop - the nonprofit that owns the sesame street brand - said in March [2024] that the center at American Dream will be the first of several U.S. locations.
..... The center combines "our 50-plus years of engaging educational content, starring the most beloved characters in children's media, with American Dream's expertise in building high quality experiential offerings," Aheam said Wednesday. [10/30/2024]
..... The center is adjacent to the mall's ice skating rink.
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The grand opening weekend celebration will include a Sesame Street Dream Parade on November 17, [2024] which will kick off at the Dream stage at 11 AM. Along the Parade route, there will be various surprises, and the parade will culminate in a ribbon-cutting ceremony. the parade is free for everyone to join. To enter, the center gusts must purchase tickets.
..... American Dream, owned by Canadian developer Triple Five, features an amusement park with roller coasters, as well as a water park, a 300-foot Ferris wheel, minuter golf, ice skating, and the only year-round indoor ski and snowboard park in North America.
..... Recently, the mall opened an attraction a it's indoor theme park based on the popular children TV show "PAW Patrol."
..... The sprawling entertainment and retail complex also features over 50 dining options and over 200 stores, including Babies R Us, toys R Us and several luxury outlets.
American Dre ram rebound
..... The mall - whose constructions was financed by over $1 billion is state and local subsides - has seen a rebound in its finances in the past six months, after years of fiscal headaches, including quadruple financial losses in 2022, as well as a deluge of fortune, American Dream posted two straight quarters of positive financial growth, according to bond filings.
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Over the summer, [2024] bondholders on nearly $300 million of municipal bonds that were sold to finance the mall's construction saw their first interest payment from the mall after more than two years of waiting.
..... The bonds are backed by grants from the New Jersey Economic Development Authority. U.S. Bank, which is making the payments, previously had to skip the payments after problems with the necessary documentations.