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Lloyd Center

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A former shopping mall and mixed-use redevelopment site in Portland, Oregon, best known for its historic indoor ice rink.

Last updated October 14, 2026

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Overview

Lloyd Center was a major shopping mall in Portland, Oregon, located northeast of downtown in the Lloyd District, across the Willamette River. It opened on August 1, 1960, as a 100-store open-air shopping center and became one of the Pacific Northwest's most prominent retail destinations. The project was named for Ralph B. Lloyd, a southern California oil executive who envisioned a self-sufficient district combining shopping and residential uses. Although Lloyd died in 1953, seven years before the mall opened, his concept influenced the development's scale and identity. The center was designed to compete directly with Portland's downtown retail core and benefited from its proximity to the Banfield Expressway and a dedicated Lloyd Center interchange. At opening, its principal department-store and variety-store anchors included Meier & Frank, Best's and Nordstrom's Shoes, J. C. Penney, Woolworth, and J. J. Newberry. The center promoted itself as exceptionally large and attracted major public figures and entertainers, including Richard Nixon at its opening ceremony and performers such as Ella Fitzgerald, Louis Armstrong, and Andy Williams. Its central plaza also hosted unusual public spectacles, including a Guinness-recognized simultaneous chess tournament. The Lloyd Center Ice Skating Rink became the mall's defining attraction. Proposed by Theresa Lloyd Von Hagen, the developer's teenage granddaughter and a competitive skater, the rink was modeled partly on Rockefeller Center's skating rink. It opened with the mall in 1960 and was described as the first ice rink in a shopping center. More than a million visitors reportedly used it during its first two years. The rink remained a civic and cultural landmark even as the surrounding retail business weakened. Tonya Harding learned to skate there as a child, and the rink later appeared in popular culture, including a music video by The Shins. The mall expanded in 1972 and underwent a major transformation between 1988 and 1991. During that period, the open-air center was enclosed, a food court was added, and the retail environment was extensively remodeled. Nordstrom demolished the former Lipman's location and opened a new store in 1990. Glimcher Realty Trust acquired the center in 1998 for a reported $167 million. Anchor changes followed: J. C. Penney closed in 1998 and was replaced by Sears in 1999; Meier & Frank was converted to Macy's in 2006; and long-standing chains including Newberry's, Nordstrom, Sears, Macy's, Old Navy, and Marshalls eventually departed. Ownership changed again in the 2010s. Glimcher sold a 60 percent interest to Blackstone Real Estate Partners in 2010, and Cypress Equities Real Estate Investment Management acquired the center in 2013. A further renovation began in 2015, seeking to make entrances more pedestrian-friendly and adapt the property to a denser, more residential Lloyd District. The ice rink was reduced and reshaped into an oval in 2016, a change that improved visibility from the mall's levels but generated local criticism because of the smaller skating surface. By the early 2020s, Lloyd Center had lost all of its traditional department-store anchors and was operating with substantial vacancy. A two-alarm basement fire in August 2021 damaged electrical systems and forced a temporary closure. Later that year, KKR moved toward foreclosure over unpaid debt associated with a reported $110 million loan. Urban Renaissance Group announced in December 2021 that it had become the new owner-operator, with KKR remaining involved in the ownership structure. The new strategy emphasized community engagement, smaller local businesses, events, entertainment, housing, and eventual mixed-use redevelopment rather than restoring the former department-store model. Independent retailers, arts organizations, entertainment producers, and community groups used vacant portions of the center for events and temporary activities. Plans were discussed for housing, a live-music venue, and a large-scale redevelopment that would divide the property into multiple mixed-use parcels. A master plan submitted to Portland proposed closing and demolishing the mall while retaining or relocating selected uses, including consideration of the ice rink. The plan received substantial public opposition and appeals. The center ultimately closed permanently on August 8, 2026, while some businesses with exterior access or separate lease arrangements continued operating after the main facility closed.

History

Ideas for a major retail development in the area date to the early twentieth century. Ralph B. Lloyd, a southern California oil executive, envisioned a self-sufficient district with stores and housing. The resulting center, named for Lloyd, opened on August 1, 1960, several years after his death. Its location northeast of Portland's downtown, near the Banfield Expressway and a dedicated interchange, allowed it to draw customers from the growing automobile-oriented metropolitan area while directly challenging established downtown retailers. The original open-air center contained approximately 100 stores. Its anchors included Meier & Frank, Best's and Nordstrom's Shoes, J. C. Penney, Woolworth, and J. J. Newberry. Newberry's Lloyd Center store was its largest nationally at the time, while the center was promoted as one of the largest shopping destinations in the country. Public programming helped establish the property as more than a collection of stores. Musical performers, celebrity appearances, unusual competitions, and public events regularly filled its central areas. The ice rink was conceived by Theresa Lloyd Von Hagen, Ralph Lloyd's granddaughter. She persuaded the family to make skating a centerpiece of the development, drawing on the example of Rockefeller Center. The open-air rink became the mall's principal attraction and drew more than one million visitors in its first two years according to historical accounts. It hosted recreational skaters, public figures, and future athletes. Tonya Harding learned to skate there as a young child, and the rink acquired a place in Portland's cultural memory. It also contributed to the center's identity when conventional retail became less distinctive. The first substantial expansion came in 1972, adding six stores and a 75,000-square-foot extension that included a Lipman's location. J. C. Penney expanded and remodeled its store the following year. Lipman's was later absorbed by Frederick & Nelson, and Woolworth closed in 1982. These changes reflected the continuing consolidation and restructuring of American department-store retail. By the late 1980s, the open-air design appeared increasingly out of step with the enclosed shopping malls then favored by the industry. From 1988 through 1991, Lloyd Center underwent a broad renovation. Nordstrom demolished the former Lipman's building and opened a new store in 1990. The mall was enclosed, a food court was introduced, and former department-store areas were converted into inline retail and other uses. The remodeled center reopened in August 1991. Glimcher Realty Trust bought Lloyd Center in 1998. Anchor turnover accelerated afterward. J. C. Penney left in 1998, and Sears replaced it in 1999. Newberry's closed in 2001 when the chain ended operations in Oregon and elsewhere. Meier & Frank became Macy's in 2006. Glimcher later sold a majority interest to Blackstone Real Estate Partners in 2010 after an attempted full sale did not proceed. Cypress Equities Real Estate Investment Management acquired the property in 2013. Nordstrom announced its departure in 2014, and an 18-month renovation began in 2015. The project made entrances more accessible to pedestrians and reconfigured the central space with a spiral staircase, reflecting the Lloyd District's increasing residential density. The rink was relocated and reduced in size in 2016, changing from a standard rectangle to a smaller oval visible from more areas of the mall. The design improved sightlines and natural light but was criticized by some local skaters and preservation-minded residents. Sears sold its 143,000-square-foot space to the owners in 2016 and announced its closure in 2018. Marshalls left in 2019, Macy's announced its departure in 2020, and Old Navy closed in early 2021. The loss of these tenants left the center without traditional department-store anchors. A basement fire in August 2021 damaged electrical systems and caused a temporary closure. Later that year, reports indicated that KKR Real Estate Finance Trust was moving toward foreclosure over unpaid debt. Urban Renaissance Group announced in December 2021 that it had become the new owner-operator, with a stated intention to consult tenants, neighbors, city officials, and other stakeholders. During the 2020s, Lloyd Center became a hybrid of declining retail property, community venue, and redevelopment platform. Lower rents attracted independent shops, comics and collectibles businesses, arts groups, and temporary event producers. Empty spaces hosted roller discos, theater, performance art, film production, and other local activities. Proposals for a large live-music venue were advanced, including plans connected with Live Nation and later Anschutz Entertainment Group, although the wider mall's future remained unsettled. Urban Renaissance Group proposed a redevelopment including approximately 5,000 residences while seeking to preserve the ice rink. A later master plan prepared with ZGF Architects proposed closing and demolishing the mall and dividing the property into 14 mixed-use parcels. Public testimony in 2026 strongly criticized aspects of the plan, particularly possible losses of the rink, small businesses, and the mall's informal gathering role. The Design Commission approved the master plan in March 2026, after which the Save Lloyd Ice Coalition and the Save Lloyd Campaign with the Northeast Coalition of Neighborhoods filed appeals. The mall was approximately 90 percent vacant by April 2026 and closed permanently on August 8, 2026. Certain exterior-access or separately leased operations continued beyond the main closure.

  • 2026

    Master plan approved

    [1]

    The Portland Design Commission approves a plan to close and redevelop the mall site through 14 mixed-use parcels.

  • 2026

    Permanent closure

    [1]

    The mall closes permanently on August 8, 2026.

  • 2021

    New ownership and redevelopment focus

    [1]

    Urban Renaissance Group becomes owner-operator after financial distress and begins a community-oriented redevelopment process.

  • 2016

    Ice rink redesigned

    [1]

    The rink is reduced and reshaped into an oval positioned more centrally within the mall.

  • 2015

    Pedestrian-oriented renovation begins

    [1]

    An 18-month renovation updates entrances and the central interior in response to residential growth around the mall.

  • 1998

    Glimcher Realty Trust acquisition

    [1]

    Glimcher Realty Trust acquires the center.

  • 1991

    Enclosure and modernization completed

    [1]

    The former open-air mall is enclosed and gains a food court and redesigned retail spaces.

  • 1972

    First major expansion

    [1]

    A 75,000-square-foot expansion adds six stores, including a Lipman's location.

  • 1960

    Lloyd Center opens

    [1]

    The center opens as a 100-store open-air shopping mall and becomes a major competitor to downtown Portland retail.

  • 1960

    Historic ice rink opens

    [1]

    The shopping center's ice rink opens as its signature attraction and is described as the first rink built inside a shopping center.

Products and positioning

A regionally important urban shopping center that evolved from a large suburban-style retail destination into a community-oriented, increasingly vacant redevelopment site. Its historic ice rink was the property's strongest and most distinctive identity element.

  • Recreation and entertainment · 1960

    Lloyd Center Ice Skating Rink

    The rink was Lloyd Center's signature amenity from its opening in 1960. Conceived by Theresa Lloyd Von Hagen, it provided public skating and a distinctive attraction within the retail complex. It became associated with Portland's local culture, hosted notable visitors, and served as an early training site for figure skater Tonya Harding. The original open-air rink was later covered when the mall was enclosed, then reduced and reshaped into an oval during the 2016 renovation.

  • Shopping mall · 1960

    Retail and department-store environment

    Lloyd Center provided a broad retail mix spanning department stores, apparel, footwear, variety goods, specialty shops, food service, and entertainment. Its historic anchors included Meier & Frank, J. C. Penney, Sears, Macy's, Nordstrom, Woolworth, and J. J. Newberry. As department-store tenants departed, the property increasingly accommodated smaller independent retailers, arts organizations, temporary events, and community uses.

  • Food service · 1991

    Food court

    The food court was introduced during the late-1980s and early-1990s enclosure and renovation. It formed part of the mall's indoor convenience and social infrastructure and was later located near the former cinema area. After conventional retail declined, portions of the former food-court and cinema spaces were adapted for alternative uses, including pickleball.

Marketing campaigns

  • 2022Local-business and community activation

    Portland

    Under new ownership, vacant space was made more available to small, independent, and art-focused businesses. Tenants cited lower rents and the opportunity to influence the site's future.

    Outcome. The program diversified the tenant and event mix but did not reverse the mall's long-term vacancy or prevent redevelopment and closure.

  • 1960Grand opening promotion

    Portland metropolitan area · Pacific Northwest

    The opening was promoted as a major regional retail event, with Vice President Richard Nixon appearing at the ceremony and the center emphasizing its exceptional size, broad tenant mix, and new freeway accessibility.

    Outcome. The campaign helped establish Lloyd Center as a major shopping destination and a serious competitor to downtown Portland stores.

Brand decisions

  • 2026

    Approve a parcel-based mixed-use redevelopment planStrategy

    Background

    By 2026 the mall was reported to be approximately 90 percent vacant, and ownership sought to replace the aging retail complex with a mixed-use district.

    Action taken

    The Design Commission approved a master plan involving closure and demolition of the mall and division of the property into 14 parcels for redevelopment.

    Aftermath

    Community groups filed appeals, citing concerns about preserving the ice rink, small businesses, and the site's role as a gathering place. The mall closed permanently on August 8, 2026.

  • 2021

    Shift from traditional retail toward community-led redevelopmentStrategy

    Background

    The center had lost its traditional anchors, suffered extensive vacancy, and faced debt-related foreclosure pressure.

    Action taken

    Urban Renaissance Group became owner-operator and emphasized consultation, independent businesses, events, entertainment, housing, and mixed-use redevelopment.

    Aftermath

    The mall hosted more local and temporary uses, but the long-term plan moved toward closure and redevelopment rather than restoration as a conventional shopping center.

  • 2016

    Redesign the ice rinkGeneration change

    Background

    The renovation sought to make the rink more visible from the mall's interior and adapt the central space to new circulation patterns.

    Action taken

    The rink was moved toward the center and changed from a standard rectangle to a smaller oval.

    Aftermath

    Visibility and natural-light access improved, but some skaters and local observers objected to the reduced size and altered shape.

  • 1991

    Convert the open-air center into an enclosed mallStrategy

    Background

    The property was aging while enclosed shopping centers were becoming the dominant format in American retail.

    Action taken

    Ownership enclosed the mall, added a food court, rebuilt anchor and inline spaces, and extensively remodeled the interior.

    Aftermath

    The remodeled center reopened in August 1991 and operated as an enclosed mall for the rest of its retail life.

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