|Opening date||August 1, 1960|
|Developer||Lloyd Family &
|Management||Glimcher Realty Trust|
|Owner||Cypress Equities Real Estate Investment Management|
|No. of stores and services||178|
|No. of anchor tenants||6|
|Total retail floor area||1,472,000 ft²|
|No. of floors||3|
Lloyd Center is a shopping mall in the Lloyd District of Portland, Oregon, United States, just northeast of downtown. It is owned by Cypress Equities Real Estate Investment Management and anchored by Macy's, Nordstrom, Sears, and Marshalls. The mall features three floors of shopping with the third level serving mostly as professional office spaces, a food court, U.S. Education Corporation's Apollo College, and an indoor Regal Cinemas multiplex. Another Regal Cinemas multiplex is located across the street. The mall includes the Lloyd Center Ice Rink where Olympian Tonya Harding first learned to skate.
Ideas for Lloyd Center were conceived as early as 1923. The mall was named after southern Californian oil company executive Ralph B. Lloyd (1875–1953) who wished to build an area of self-sufficiency that included stores and residential locations. However, the mall wasn't built until 37 years later, due to major events such as World War II, the Great Depression, and Portland's conservative anti-development attitude.
The mall opened August 1, 1960 in a 100-store, open-air configuration. At the time it was the largest shopping center in the Pacific Northwest and claimed to be the largest in the country. In 1960, Lloyd Center was located very close to the downtown retail core and was the first major retail development to seriously challenge it, aimed almost exclusively at commuters utilizing Portland's then-growing freeway system, especially the adjacent Banfield Expressway.
The original anchor stores were Meier & Frank at the center, Best's and Nordstrom's Shoes anchoring the west end, and J. C. Penney and Woolworth anchoring the east. The Seattle-based Nordstrom's Shoes chain acquired Best's apparel in 1963 and rebranded all locations as Nordstrom Best in 1967. The Nordstrom nameplate was adopted in 1973.
Lipman and Wolfe added a store to the west end of Lloyd Center in 1974. Frederick & Nelson acquired and renamed Lipman's in 1979. The store went through a dizzying succession of owners, nameplates and locations within the mall. It appears that, in 1988, Nordstrom moved into the old Lipmans/Frederick and Nelson building. The Lipmans name was apparently reinstated at a new location in the north end of the mall in 1987, only to be replaced by that of Spokane-based The Crescent later in the same year. In March 1988, the store was acquired by Bellevue, Washington-based Lamonts.
1988-present: Renovation and new look
By 1987 the mall was aging and enclosed malls were becoming the norm across the United States. Between 1988 and 1991 the mall was gradually renovated. Nordstrom ended up demolishing the Lipmans store and opening an entirely new location on its space in August 1990. The former Nordstrom spaces had been gutted and refitted as inline stores, followed by a mall-wide renovation around late 1990-early 1991 which fully enclosed the mall and added a food court. The remodeled shopping hub was rededicated in August 1991.
Glimcher Realty Trust bought the center in 1998 for $167 million. JC Penney closed in June 1999 and was replaced by Sears in October. Meier & Frank became Macy's in 2006. Glimcher Realty Trust sold 60% of the center to Blackstone Real Estate Partners in 2010 after a deal to sell the entire mall fell through the year before. Lloyd Center was sold by Glimcher to Cypress Equities Real Estate Investment Management in June 2013.
In February 2014, it was announced that Nordstrom would be closing its store at the mall.
The Lloyd Center is accessible by TriMet's MAX light rail service, which stops one block south of the mall, at the Lloyd Center/Northeast 11th Avenue station. The area is also served by several bus stops around the mall facility. The Portland Streetcar-CL Line can be located two blocks west of the Lloyd Center, at NE 7th & Halsey.
Gang violence in and around the Lloyd Center has been an ongoing problem for the Portland Police Bureau and mall security. Gang members, from nearby neighborhoods, congregate at the mall frequently. In 2010, a gang related shooting took place at the Lloyd Center, no one was injured. Although shootings have happened near the Lloyd Center, this was the first shooting that took place inside the mall facility. Since 2010, the PPB has been diligent about fighting not only gang violence, but youth violence and shop lifting. The crime rate in the area has fallen substantially.
Because of the size and importance of Lloyd Center, it has played a significant role in the history of freedom of speech in the United States, especially with regard to the scope of free speech within private shopping centers. Lloyd Center was the defendant in the landmark cases of Lloyd Corp. v. Tanner, 407 U.S. 551 (1972), a decision of the U.S. Supreme Court involving First Amendment rights and private property, and Lloyd Corp. v. Whiffen, 307 Or. 674, 773 P.2d 1293 (1989), a decision of the Oregon Supreme Court.
Anchors and major stores
- Macy's, opened 1960 as Meier & Frank, renamed 2006
- Marshalls, opened -in F.W. Woolworth space- in 1999
- Sears, opened -in JC Penney space- in October 1999
- Nordstrom, opened -as Nordstrom's Shoes- in 1960, expanded into Best's store in 1963. Renamed as Nordstrom Best in 1967 and Nordstrom in 1973. Moved into old Lipmans space 1988. New store completed in August 1990
- Barnes & Noble
- Lloyd Mall 8 Cinema, a Regal Cinemas theater
- Lloyd Center Ice Chalet, opened 1960
- Old Navy, opened sometine between 2000-2005 replaced several inline stores on the first floor of the east(Sears) side of the mall
- J.C. Penney (1960-1999) replaced by Sears
- Lamonts (1988-1995), replaced by Ross and Barnes & Noble
- Toys "R" Us (?-2004), replaced by an addition of Apollo College (Now Carrington College)
- Frederick & Nelson, (1979-?), replaced by Lipman's
- Lipman's (1974-1979, 1979-1987), replaced by Frederick & Nelson and then turned back the same year, replaced by second Nordstrom in 1988
- Woolworth (1960-1997), replaced by Marshalls in 1999.
- The Crescent (1987-1988), replaced by Lamonts
- Tom Moyer Luxury Theatres (19??-1989), former owner of Lloyd Mall 8 Cinema, purchased by Act III Theatres
- Act III Theatres (1989-1998), previous owner of Lloyd Mall 8 Cinema, purchased by Regal Cinemas
- Tradewell, a defunct Seattle-based grocery store chain (location later became Holladay's Market and is now home to Bank of America, Newport Seafood Grill, and Buffalo Wild Wings)
- Toll, William (2003). "Urban Investment". Oregon History Project. Oregon Historical Society. Retrieved 2007-11-08.
- Glimcher Form 10-K Annual Report
- The Tonya Harding Website
- "History of the Lloyd District". Ashforth Pacific Properties. Retrieved 2008-05-14.
- Njus, Elliot (June 13, 2013). "Lloyd Center mall acquired by Dallas real estate firm". The Oregonian. Retrieved 14 June 2013.