4 — Wednesday, April 9, 1997 — North Shore News

Troubl

Park Royal
Bollum’s deal
status unclear

By tan Noble

News Reporter

A Park Royal represen-
tative says he doesn't
know if a book retailer
that promises a plush
shopping experience
will open in the mall.

Bellunt’s: Books has filed
for court protection fram
creditors,

Shopping centre director
Rick nica said be hasn't
heard from Bellum’'s rezard
ing whether it ail continue
with plans to apen an TS.000
square-foot) beok superstore
at Park Royal

“This has come as abit ofa
surprise to us” said Amantea,
“We've been in contact with
them on a regular basis since
we negotiated the deal well
over a year ago.

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Trownealhy, Eaton's, the
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nnabed an the renovation,
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Unit the nwo parties sit] publicized problems
down and discuss the issue, The shopping centre
there’s uncertainty, he added. expected Ballum’s to otter

Bollum’s has book stores 85,000 book tities and 2,000
mM Sancouver and C algary. i taped pubheavons ma

The Park Roval i relaxed atmosphere that
was slated to open allax included overstutted chairs, a
part of a $2)-million renova fireplace and a cafe.

“There was ono ind ancn
moor discussions with them:
thar they were game to be tl
ing or that they were stray
wling tothe extent that. “they
said ther -

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ed retailer has West Van plan

Roval and Bolluny’s and. the
deal’s options span a period of

Amantea said he hopes the
deal docs not fall through and
the mall keeps the bookstore,

Amantea sand Bollum’s
coukd be sold oor other
investors with cash coula be
brought in, There are alot of
options, he said. He added the
Jease agreement berween Park

more than 20 years.

Woodward's.
shopping centre
strong.

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Amantea said Park Roval
has weathered such) storms
before, pomnng to the loss of
He said) the
remains