Xanadu, the East Coast’s own version of the failed Anaheim Gotcha Glacier indoor snowboarding and retail complex idea (which got approved in 2004), has apparently been rebranded as Meadowlands in an effort to round up more funding for the $2 billion, according to a story in NorthJersey.com.
Meadowlands SnowPark is “more than just a ski slope…it’s an Alpine resort,” the website reads. Kirkos calls it a “tourist magnet.” SnowPark will feature skiing, snowboarding, novice slopes, lessons and a snowplay area for kids. The 800-foot-long indoor snow facility is the first in North America, according to the site. The SnowPark will feature a quad chairlift, magic carpets for beginners and a platter lift. . . .New Jersey Sports and Exposition Authority (NJSEA) officials are working with Miami Dolphins owner Steve Ross and his Related Companies in hopes of an investment of the $500-700 million necessary to move the stalled project forward. . . .
Hard to believe that anyone would think they would see a return on that kind of investment.
[Link: NorthJersey.com]
