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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.
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1984: Triple Five Corporation, developer of West Edmonton Mall, buys property from Woodward's and spends $25 million on renovations.
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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. Y" N/ z! F" f/ q
: `8 i3 C( D. @9 N* L# k1 x/ b, V2003: Sandalwood Management buys mall and starts adding stand-alone stores on "pad locations."
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, L1 r4 n7 ^! SMARCH 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 $21-million Home Depot. w; h; b' y9 G+ W+ N
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) j% P' X& F4 Z% SWestmount Centre as it looked Thursday, (left), when a new owner announced plans to redevelop the 52-year-old shopping mall to include a new Home Depot store.; Westmount Shopping Centre first opened in 1955, (top right), as a strip mall.7 q0 d' v+ u$ c* f6 @. X1 R
Photograph by : Brian Gavriloff, The Journal, File |
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