History of WEM
The history of WEM is the story of a proud and resourceful family with a long, rich history. It begins in the late 1940s, when the Ghermezians left their homeland for New York. In the ‘50s, they began to move north and west. Jacob Ghermezian, the family patriarch, sent his eldest sons to Montreal where they were educated and re-established the family business, selling Persian rugs. In the ‘60s and ‘70s decided to settle in Edmonton. In the late ‘70s they hatched the idea of WEM.
The Mall opened in September 1981 with Phase I. It was 1,140,560 square feet and featured 220 stores and services.
Phase II opened in September 1983 and increased the size of the Mall by 1,129,800 square feet. Phase II brought the Ice Palace Skating Rink, Galaxyland Amusement Park and another 240 shops and services.