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WESTMOUNT THROUGH THE YEARS* ^$ N+ q/ W0 k- u" W6 T) J" X
* @0 k+ u0 V5 W* W% \6 K1955: 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.- F C3 ^. c' `/ H* G+ K3 X
( {5 ?4 V- R" i- k1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.- g' e5 J5 t3 Z+ @3 P
+ I |: b% s3 y6 |. Q ]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.
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+ z7 s/ ?! g7 B2 \8 B' E3 {2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations." o& C* p) F% y/ ]
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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.+ I" d: M. q# H0 Z! M& I
Photograph by : Brian Gavriloff, The Journal, File |
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