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WESTMOUNT THROUGH THE YEARS# q* B* b0 C% x
' r, s* M w. t. l1 f) `3 I1955: 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.% d; u* n3 U8 H' v% \5 X
8 w4 o7 Q- E* O( Q: M7 R1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations." S" W, c; N8 z! z6 |- h
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2000: New owner Dundee Developments spends $30 million on facelift. Safeway moves to the mall's south end, and Zellers enlarges its store. Renovation separates the anchors in an effort to draw traffic past a new ice rink and food court. Slogan "New Cool" used to attract shoppers./ {1 j" u7 j* P9 E' H6 B$ i
7 B+ Z' u% \: _+ j0 \* k0 V. H2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."
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% v$ L4 z5 A( h" S3 sMARCH 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 $21-million Home Depot.* c+ c* z# {/ `! r9 P0 ~" J
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2 a2 }! G2 V$ ^0 L# HWestmount 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.. n" U# N. x% |; J" Q; Q
Photograph by : Brian Gavriloff, The Journal, File |
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