On August 11, 1992, Mall of America opened its doors to the public in Bloomington, Minnesota.
The concept of the mall was designed by the Triple Five Group, who also owned the largest shopping mall in North America, the West Edmonton Mall.
The Mall of America was constructed on the site of the former Metropolitan Stadium, where the Minnesota Vikings and Minnesota Twins played. A seat from Met Stadium was placed in the mall at the exact location it occupied in the stadium to commemorate a 520-foot home run hit by Hall-of-Famer Harmon Killebrew on June 3, 1967.
With a gross area of 4.8 million square feet, the mall fits seven Yankee Stadiums inside it. The center of the mall features an indoor theme park called Nickelodeon Universe. It has roller coasters, a carousel, and numerous other rides and attractions.
On the mall's first day of business, 330 stores opened to customers and more than 10,000 employees started their first day of work.
Mall of America's roughly 40 million annual visitors equals about eight times the population of the state of Minnesota. Upon opening, the Mall of America became—and remains—the largest shopping mall in the United States and one of the largest in the world.
In 2012, the mall's owners announced a $200 million expansion which included adding 200,000 square feet of retail space. There were solid plans to build a $250 million water park in the mall, until Covid-19 caused people to rethink tourism, retail and entertainment.
In spring 2020, the Mall of America closed for a period of 12 weeks due to the coronavirus, reopening on June 10 with only 150 tenants operating.
As retail real estate owners reel from the pandemic, the Mall of America has missed two payments in March and April 2020 on its $1.4 billion mortgage.
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