"The child is still alive and receiving care," he said.
The suspect, 24-year-old Emmanuel Deshawn Aranda, initially fled on foot, authorities said. A witness tried to stop him, and officers soon after apprehended and arrested the Minneapolis man in the mall's transit station. Aranda faces a preliminary charge of attempted homicide and is being held at the Hennepin County Jail.
"I just hope that little guy turns out OK," witness Michael Baumann told local TV station ABC 5. "I just, you wonder . . . how could anybody do that?"
Records show that Aranda has a history of assault and bad behavior at the Mall of America, a sprawling complex in the Twin Cities suburb of Bloomington, Minnesota, that hosts hundreds of retail stores, restaurants, an amusement park and aquarium and draws 40 million visitors a year.
Aranda has been banished from the mall in past years, though authorities said the trespassing holds had expired by Friday's incident.
In July 2015, he was arrested at the Mall of America on three misdemeanor charges - property damage, disorderly conduct and interfering with a peace officer - after police say Aranda threw items from the upper level of the mall to the lower level. He had also swept his hand across a display table at the beauty store Bare Minerals, breaking lip gloss containers and shot glasses, police said.
Aranda was banned from the mall for one year.
A month later, in August 2015, Aranda told authorities he has "anger issues" when he was arrested on a felony property damage charge at the public library. Aranda had smashed five computers and keyboards "beyond repair" after he read something on Facebook that infuriated him, the man told authorities.
Then in October 2015, Aranda returned to the Mall of America again - in violation of his no-trespass order - and harassed and assaulted a woman inside a restaurant there, records show.
Aranda asked the woman to buy him something while they sat outside the restaurant, waiting for it to open. The woman laughed off the request, records show, and sat down inside. Aranda followed her inside, sat at the table beside her and continued his campaign. When management intervened, Aranda grew enraged. He tossed a glass of water in the woman's face, then threw a glass of tea at her leg, shattering the cup.
He was arrested on six misdemeanor charges.
At the news conference Saturday, Potts said his police department had an additional encounter with Aranda, in which he refused to pay his bill at a restaurant.
Potts said some of Aranda's past cases were handled through a mental health court, but would not comment further on the man's mental health status at the time of Friday's incident.
At least one parent was with the young victim Friday morning when Aranda allegedly threw him from the third-floor balcony. Both parents were at his bedside in the hospital, Potts said. The family is also from the Twin cities area.
Brian Johnson had just entered the mall when he saw the crowds of people gathered near the escalator and the boy on the ground. His mother, Johnson told ABC 5, pleaded with the onlookers: "Everyone please pray. Please pray for my son. Everyone here right now, please pray."
"How in the heck can this happen with all of the craziness going on in the world," Johnson said. "Why would you single out a kid and ruin a family's life like this?"