Unfortunately, Mall of America will only be able to bask in the glory of its largest and biggest record-holding statuses for a few years. If everything goes as planned, the American Dream Miami, proposed to be built in Northwest Miami-Dade County, Fla., with completion expected sometime in 2023, will offer 3.5 million square feet of retail space. (A smaller, similarly named retail complex, American Dream Meadowlands, from the same developer is being constructed in East Rutherford, N.J.)

Since the same parent company, Triple Five Group, will own both American Dream Miami and Mall of America, if there is any competition between the largest U.S. shopping mall and the second largest, it should be friendly.

Many of the largest U.S. retail chains like Saks Fifth Avenue, The Gap, Lord & Taylor, and Victoria’s Secret are hoping that some retail shopping will get done at American Dream Miami—in between visits to the Cirque du Soleil theater, water park, theme park, aquarium, movie theater, and concert hall, which will all be competing for the attention and discretionary income of American Dream visitors.