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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 $5 million. Woodward's anchors Edmonton's first shopping centre.5 [: @1 h# V4 N9 V! ]/ x( {) H
: Q0 W- F$ _8 p$ d2 _& }1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.$ H1 n. _5 x3 e: o, B. B4 H
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2000: New owner Dundee Developments spends $30 million on facelift. Safeway moves to the mall's south end, and Zellers enlarges its store. Renovation separates the anchors in an effort to draw traffic past a new ice rink and food court. Slogan "New Cool" used to attract shoppers.# _$ W8 E: k) Z: n( A; F
+ C' e% V1 z! b2 `4 G& l2 o7 ^ A7 S2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations." E' }8 p5 ~. b E
7 |, g7 C$ ]+ `0 m0 ^+ S( a6 z% YMARCH 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.
: w! P' t! Z" A6 \2 _Photograph by : Brian Gavriloff, The Journal, File |
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