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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.5 Y/ @7 ]% B8 W0 P! W0 S
+ }0 m/ J8 N" `) M# X6 P1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.
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' a2 ?, V& n% `1 J. H2 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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2 R% S4 P& e) j' b+ {& }2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."
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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 $21-million Home Depot.% C" Y. t& c6 Z: ^
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6 p7 @) N4 ]4 W5 f+ cWestmount Centre as it looked Thursday, (left), when a new owner announced plans to redevelop the 52-year-old shopping mall to include a new Home Depot store.; Westmount Shopping Centre first opened in 1955, (top right), as a strip mall.
2 S! R5 A3 I$ APhotograph by : Brian Gavriloff, The Journal, File |
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