[2] The mall, later renamed Meadowlands Xanadu, was nearly complete in 2009 when construction stopped due to a lack of funding.
[3] In 2011, the New Jersey Sports and Exposition Authority formalized an agreement with Triple Five Group, which assumed ownership of the mall and renamed it "American Dream".
[8] By November 2018, the mall's vice president of Communications announced that the water park would open in September 2019.
[12][13] On February 25, 2020, the New Jersey Department of Community Affairs announced that 18 of the 27 rides at the park had been inspected and approved for opening.
[1] DreamWorks Water Park was temporarily closed on February 19, 2023, after a decorative helicopter fell into a swimming pool, injuring four people.
[21] DreamWorks Water Park occupies six stories adjacent to Nickelodeon Universe American Dream.
[27] Characters such as Shrek, Puss In Boots, Alex the Lion, King Julien, the Penguins of Madagascar, Po, and Poppy and Branch from Trolls, make daily appearances at the water park.