{"id":1004183635,"date":"2017-07-12T08:16:01","date_gmt":"2017-07-12T16:16:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004183635"},"modified":"2022-12-08T21:14:39","modified_gmt":"2022-12-09T05:14:39","slug":"celebrating-30-mall-of-america-opens","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/celebrating-30-mall-of-america-opens\/","title":{"rendered":"Celebrating 30: Mall of America Opens"},"content":{"rendered":"<p><em><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/CPE_30_Logo_sky.jpeg\"><img decoding=\"async\" data-attachment-id=\"1004181076\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/celebrating-30-kelo-v-city-of-new-london\/cpe_30_logo_sky\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/CPE_30_Logo_sky.jpeg\" data-orig-size=\"830,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"CPE_30_Logo_sky\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/CPE_30_Logo_sky.jpeg?w=830\" loading=\"lazy\" class=\"alignright size-medium wp-image-1004181076\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/CPE_30_Logo_sky.jpeg\" alt=\"CPE_30_Logo_sky\" width=\"300\" height=\"224\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/CPE_30_Logo_sky.jpeg 830w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/CPE_30_Logo_sky.jpeg?resize=300,224 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/06\/CPE_30_Logo_sky.jpeg?resize=768,574 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>As\u00a0Commercial Property Executive\u00a0<a href=\"https:\/\/www.commercialsearch.com\/news\/countdown-to-30-cpe-celebrates-30-years\/\">celebrates its 30th anniversary<\/a>, we\u2019re taking a look back at the most significant events in commercial real estate\u2019s history. Stay tuned for our weekly posts highlighting these critical points, and follow along with us on our site and your favorite social media channels using the hashtag #CPETurns30.\u00a0<\/em><\/p>\n<h2>1992<\/h2>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/05\/Mall-of-America.jpg\"><img decoding=\"async\" data-attachment-id=\"1004029849\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/construction-kicks-off-on-137-5m-radisson-blu-at-mall-of-america\/mall-of-america\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/05\/Mall-of-America.jpg\" data-orig-size=\"735,450\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Mall of America\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/05\/Mall-of-America.jpg?w=735\" loading=\"lazy\" class=\"alignleft size-medium wp-image-1004029849\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/05\/Mall-of-America.jpg\" alt=\"Mall of America\" width=\"300\" height=\"183\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/05\/Mall-of-America.jpg 735w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/05\/Mall-of-America.jpg?resize=300,184 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>A monument to consumerism, the Mall of America opened on Aug. 11, 1992, in Bloomington, Minn. Contrary to popular belief, it was not actually the largest mall in the world, although it shared owners with the West Edmonton Mall, the long-time record holder. Conceived and designed by Triple Five Group, the 4.2 million-square-foot behemoth moved forward in 1986 with the assistance of Simon Property Group and funding from TIAA-CREF. The mall quickly became a huge draw and today remains\u00a0one of the top tourist destinations in the country, with some 40 million annual visitors. The $650 million development encompasses more than 520 stores, the nation&#8217;s largest indoor theme park, an underground aquarium, flight simulator and 400 events held each year. Triple Five has since embarked on the most <a href=\"https:\/\/www.commercialsearch.com\/news\/mall-of-america-breaks-ground-on-325m-expansion-project\/\">significant expansion of the mall<\/a> since its opening.\u00a0The $325 million project brought a 342-room JW Marriott hotel, office tower, new dining options, and more is still to come. The expansion is part of a $2.1 billion Phase II of the mall that is zoned for as much as 5.7 million square feet, and will include an indoor golf course, family-themed hotel, a Venetian canal with gondolas and an Indian casino.<\/p>\n<p><em>For more CRE history, check out last week\u2019s post on the <a href=\"https:\/\/www.commercialsearch.com\/news\/celebrating-30-gses-conservatorship\/\">GSEs&#8217; conservatorship<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We&#8217;re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate&#8217;s history. This week: The opening of the Mall of America. Stay tuned for our weekly posts and follow along with us on social media using the hashtag #CPETurns30.<\/p>\n","protected":false},"author":1242,"featured_media":1004029849,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22251,23891,21742],"tags":[35988,36701,35712],"class_list":["post-1004183635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-focus","category-national","category-latest","tag-cpeturns30","tag-mall-of-america","tag-triple-five-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Celebrating 30: Mall of America Opens - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/celebrating-30-mall-of-america-opens\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Celebrating 30: Mall of America Opens\" \/>\n<meta property=\"og:description\" content=\"We&#039;re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate&#039;s history. 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