dunno
Active Member
A Ghermezian attempt to mollify the CoE over well-founded fears that WEM was killing downtown (back in the day).
When the Ghermezians announced the Eaton Centre plan in 1980, WEM wasn't built yet, so it wasn't killing downtown at that point. There were fears about the potentials of WEM, but at the time downtown was losing to places like Kingsway, Southgate, Westmount, Capilano, and the general boom in suburban-style shopping during the '70s. The Ghermezians were part of this, as they had their hand in various suburban commercial properties before WEM, and so you're right that they were attempting to mollify fears at the City that suburban business was killing downtown, but the Eaton Centre plan was announced before WEM opened its doors. Of course, Eaton Centre didn't end up being built until 1987 or so.




