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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 $5 million. Woodward's anchors Edmonton's first shopping centre.$ h: C; T& N$ _7 @: r
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1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.1 B# s9 C, z4 U( 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.
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5 T4 ]. B; c) {1 |4 o0 E6 |2 }7 |. T2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."( S. L+ x% O2 T" Z- y
( i! n0 [3 x5 [; e* {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 $21-million Home Depot.$ W( ~; w% Q& c
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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.4 W. ~2 u8 i" ^
Photograph by : Brian Gavriloff, The Journal, File |
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