The building of American Dream Miami is to start in late 2021, with the retailtainment site due to open by 2025.

The building of the new mall is being carried out by international specialists in shopping malls, entertainment complexes, hotels and real estate, Triple Five.

The ambitious retailtainment destination in Miami is to blend retail with a host of entertainment and leisure facilities, including an ice rink, aquarium, the tallest indoor ski park in the work, submarine rides and a permanent Cirque du Soleil show.

There will also be an arts centre where live performances and events will take place, a multiscreen cinema complex and an indoor waterpark.

The project will resonate Triple Five’s American Dream site in New Jersey. It is estimated to be costing Triple Five $5 billion.

An environmental study of the area and the project design is expected to begin in spring 2020.

Miguel Diaz de la Portilla, an attorney at Saul Ewing Arnstein & Lehr, which represents Triple Five Worldwide, spoke about the entertainment side of the new project, stating: “The one thing that distinguishes us is the entertainment component.”