While developers have been trying to get the American Dreams Complex up and going adjacent to MetLife Stadium in East Rutherford, the owners of the New York Giants and Jets have been trying to put a stop to the project, which has since ended up in court.
The biggest concern the Giants and Jets have is the fact that the complex won't charge a fee for parking, which wouldn't be an issue for them until on game days, where both teams make an estimated $12 million a season on parking fees from the fans outside of the stadium. Fans could simply park in the American Dreams Complex and walk over to the stadium, which is where both teams would stand to lose a ton of revenue during the season.
The goal for the project was to be up for Super Bowl XLVIII in February, which would give the state of New Jersey and the city of East Rutherford another drawing power to lure the out-of-town fans in during Super Bowl week, but with this case now tied up in court, current New Jersey governor Chris Christie doesn't think it will be done in time, and isn't sure if it will ever be up.
“I have personally spent days and days and days negotiating with these parties and I think at this point….I think the teams are being unreasonable in terms of their approach…but ultimately now this is going to be for a court to decide,” Christie said. “I can't do anything further than what's been done — which was to personally intervene and try to bring a resolution — and for the (New Jersey Sports and Exposition Authority) to act on its own to approve the changes to the master plan that the American Dream folks requested.”
In the lawsuit, both Giants owner John Mara and Jets owner Woody Johnson cited that traffic would be a nightmare for fans during the season and would cause a tremendous problem for the fans to get to and leave the stadium, which is a legitimate concern, but many feel that Mara and Johnson's biggest concern is the revenue lost over the parking.
In May, the New Jersey Sports and Exposition Authority gave the approval for the developer of American Dreams, Triple Five, to continue building what would be an indoor water park and theme park, which then prompted the Giants and Jets to file a lawsuit to halt production.
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