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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.5 |* F; V0 o0 C1 E8 N
3 k2 q; V4 d% _0 E: e1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.
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% R$ n# J& | s+ Q! g2000: New owner Dundee Developments spends $30 million on facelift. Safeway moves to the mall's south end, and Zellers enlarges its store. Renovation separates the anchors in an effort to draw traffic past a new ice rink and food court. Slogan "New Cool" used to attract shoppers.
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|2 H a9 Z* b. V3 q9 ?2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations.". M a5 K- k3 n8 S3 c$ J4 n4 B
q5 r1 v9 H8 X# M* H6 m6 AMARCH 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 $21-million Home Depot.
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Westmount Centre as it looked Thursday, (left), when a new owner announced plans to redevelop the 52-year-old shopping mall to include a new Home Depot store.; Westmount Shopping Centre first opened in 1955, (top right), as a strip mall.
4 U) b/ g1 B$ g6 Y7 |Photograph by : Brian Gavriloff, The Journal, File |
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