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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./ \% l1 h% J. R; o# `
5 @& L5 M7 P8 ?' y, A1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.
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& T4 Y' N# n! K' @, g. S# A4 P$ T2000: New owner Dundee Developments spends $30 million on facelift. Safeway moves to the mall's south end, and Zellers enlarges its store. Renovation separates the anchors in an effort to draw traffic past a new ice rink and food court. Slogan "New Cool" used to attract shoppers.
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2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."$ r' r" D# A) I0 e: v0 _* h! y0 k
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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 $21-million Home Depot., k" V! v$ Z" Z3 Y' ^8 ?
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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.6 o) h6 k" }$ z) \3 L
Photograph by : Brian Gavriloff, The Journal, File |
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