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WESTMOUNT THROUGH THE YEARS' Z+ J/ U( D8 J2 L. H
) S& V7 X( e" l, E1955: 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.6 Z- y! o" B% M5 \6 r
) r1 n0 Y% B1 }1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.
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. E) g, o% U9 S% 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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5 o% _2 V* _7 Q9 g) O2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."9 Y) z" Y% g% r
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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 $21-million Home Depot.
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Westmount Centre as it looked Thursday, (left), when a new owner announced plans to redevelop the 52-year-old shopping mall to include a new Home Depot store.; Westmount Shopping Centre first opened in 1955, (top right), as a strip mall.
2 }$ c5 B0 o( T& T$ @: IPhotograph by : Brian Gavriloff, The Journal, File |
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