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WESTMOUNT THROUGH THE YEARS4 T# M. _- g& u* Q% C1 a
: E; f* t. J& k1 N1955: 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.0 d" W' p1 q; T0 P& O
) f6 @) W3 L: n3 Q1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.; X2 T% W" F7 D/ _' U& J
" Z/ P% s0 J, v' x2000: 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.
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# w0 d# S% L! |# Z2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."
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0 ]; Y' D! ~) n2 R! R7 T+ ?MARCH 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.' k. v" @# |3 p' M8 U) v1 L8 i
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Westmount 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.
0 E' k% h; c% B9 F% ?/ H- ~Photograph by : Brian Gavriloff, The Journal, File |
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