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WESTMOUNT THROUGH THE YEARS
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! v/ Z( w8 ~, I" }. t1955: 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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" U+ \- G/ [3 u8 L( ^8 V1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.
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2 Y5 t% F& Y6 x+ A/ y a2 f1 L# ~2000: 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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# n5 @! K- D, S m/ g! F9 r2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."
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2 V: e/ L" g* g I* l' @) yMARCH 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.0 H) b& K1 ]: O8 Z
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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.( O) \( N8 U. g
Photograph by : Brian Gavriloff, The Journal, File |
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