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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 $5 million. Woodward's anchors Edmonton's first shopping centre.7 {$ R3 z8 b3 I. T8 d
3 B5 d4 o" e5 s4 w1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.
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. g& @0 F: |% G3 `0 ^6 _9 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.
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: D2 M9 A, L* O) P! j- M+ J2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."
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/ d" R5 D- L/ l: d" Q6 u/ NMARCH 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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" U- {. @% S9 R/ O6 A6 [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 E9 s9 z: ?2 N9 }! ?- y2 G
Photograph by : Brian Gavriloff, The Journal, File |
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