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WESTMOUNT THROUGH THE YEARS3 `$ U+ \/ O1 r6 M: l; G1 X3 Z& K
( j. b- z7 ?9 K$ ~5 m1 g1955: 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.& R; z! v7 D9 }4 k
+ u4 z7 X: D7 H# w x1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.2 r' S( h. B& S0 @
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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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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 $21-million Home Depot.: A# a7 m7 Q: K! n+ ~
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7 D+ U5 P& v( ~" Z$ gWestmount 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.9 ^2 L- C+ D; Q1 D! L2 M- ^0 G
Photograph by : Brian Gavriloff, The Journal, File |
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