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WESTMOUNT THROUGH THE YEARS. U% P: P( y Q4 V
@9 m. N1 T1 h; p' D1955: 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. W( X9 b- s4 Q! L Q
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1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.3 u1 W. t2 x" R/ N
) a3 o+ [! c0 C# z$ y2000: 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.0 Y! @& I' [) R' r+ e: ]
% o# O! o7 w' y, F2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."& Q& D+ o7 L( W
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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." S+ r9 A# q; h H, a
Photograph by : Brian Gavriloff, The Journal, File |
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