February 8, 1987 |
When it's bedtime in your theme room at the Fantasyland Hotel, you switch off the traffic lights and climb into the back of a Ford pickup truck. Or you can hop into a gaslit Victorian coach-bed or watch a volcano erupt on the wall while dozing off in a Polynesian catamaran. The new $36-million hotel is another impossible dream realized by the four Ghermezian brothers, owners of West Edmonton Mall, the world's biggest and wildest indoor shopping complex.
June 14, 1990 |
The developer of the world's biggest shopping center, Canada's West Edmonton Mall, plans to start a consulting venture in Japan following a relaxation of rules on opening large retail stores. Triple Five Corp. of Canada and Japan's Commerce System Corp. will set up a 50-50 venture in July called International Malls, a Commerce System spokesman said today. The consulting firm will offer developers expertise gained in the construction and operation of the West Edmonton Mall.
January 10, 2000
Jacob Ghermezian, 97, patriarch of the Canadian development company that built the world's largest shopping mall, in Edmonton, Alberta. Ghermezian, originally from Azerbaijan, established a carpet export business in the Iranian capital of Tehran before immigrating to Montreal in the 1950s. He quickly formed a rug business called Ghermezian Bros., building it into a 16-store chain that operated mainly in the United States.
June 20, 1998 |
The world's biggest pension fund said it plans to put the U.S.' biggest shopping mall, the Mall of America in Bloomington, Minn., up for sale. The 4.2-million-square-foot complex, which includes more than 520 stores, an indoor theme park and an aquarium, could fetch between $650 million and $700 million, according to people familiar with the situation.
November 13, 1990 |
In Xanadu did Kubla Khan A stately pleasure-dome decree: Where Alph, the sacred river, ran Through caverns measureless to man Down to a sunless sea. . . . -- Samuel Coleridge Xanadu this isn't. Nearly three-fourths of all Canadians live within 90 miles of the U.S. border. Of those who do not, some 785,000 live here in Edmonton, an improbably sited city on the wind-swept Alberta prairie, 54 degrees north latitude.
March 9, 1992 |
More steel than the Eiffel Tower. More than 2.5 million cubic feet of concrete. Rivaling the world's tallest office building in floor space. Welcome to Mall of America. With 400-plus stores, 14 movie theaters, seven restaurants and five nightclubs, it's soon to become the nation's largest shopping mall. A veritable $70-million amusement park. There's one big question: Will it succeed?