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WESTMOUNT THROUGH THE YEARS
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1955: Westmount Shoppers' Park opens with 40 stores, 3,000 parking spaces at a cost of $5 million. Woodward's anchors Edmonton's first shopping centre.
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; y4 h V# T% g+ h2 g6 Z/ W! G1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.2 F8 ^2 z) k. W m: N
5 i7 N: Z2 D0 D/ K2000: New owner Dundee Developments spends $30 million on facelift. Safeway moves to the mall's south end, and Zellers enlarges its store. Renovation separates the anchors in an effort to draw traffic past a new ice rink and food court. Slogan "New Cool" used to attract shoppers." p( Z& p$ U# Q$ }
' N0 O( a3 ]3 E l0 N* U2 I2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."2 s5 S6 j0 c. S! h1 M9 y
& V3 B/ S8 }( V' u. S5 OMARCH 15, 2007: First Capital Realty Inc. pays $70 million for Westmount Shopping Centre and plans to demolish part of the shopping centre between Zellers and Shoppers Drug Mart and build a $21-million Home Depot.
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2 y V6 x/ O7 X( F- Q9 TWestmount Centre as it looked Thursday, (left), when a new owner announced plans to redevelop the 52-year-old shopping mall to include a new Home Depot store.; Westmount Shopping Centre first opened in 1955, (top right), as a strip mall.
; U1 F1 W) i' DPhotograph by : Brian Gavriloff, The Journal, File |
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