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WESTMOUNT THROUGH THE YEARS. C' ]" R) J/ p9 T7 ]& Y
) [& U1 T+ t3 q8 K' ^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.0 e; I+ g! ~. u' v0 X
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1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations. T* _' L) \9 {/ }
( i; Y; G3 G5 `4 }4 Q" D: j6 T- I2 i2000: 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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2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."1 n5 `9 D% C8 o% U! h& d
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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 $21-million Home Depot." c8 M3 l* i/ ?+ k9 I2 _; V
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$ x% S" o7 |1 U. g( p" VWestmount 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 v4 @6 a. P9 y4 g2 G/ rPhotograph by : Brian Gavriloff, The Journal, File |
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