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WESTMOUNT THROUGH THE YEARS' o) C! c& k% W) M7 v) E6 g
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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.) `5 c G9 p, m
8 w/ h" W5 s5 v0 t; Z) t d1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.4 N. R+ p. S1 w% p; D7 w
; }/ U, J8 S. h' _- h- r2000: 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.2 [0 C+ p) {8 a! K
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2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."
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! m: Z, b) A! Q; X9 B" Y1 H. 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 $21-million Home Depot.! r$ C$ [& q) p: o' h4 G/ j
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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.
3 q0 @, i( G, y; d' GPhotograph by : Brian Gavriloff, The Journal, File |
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