|Location||Portland, Oregon, United States|
|Opening date||August 1, 1960|
|Developer||Lloyd Family and|
|No. of stores and services||178|
|No. of anchor tenants||4 (1 open, 3 vacant)|
|Total retail floor area||1,472,000 sq ft (136,800 m2)(2007)|
|No. of floors||3 (2 in former Marshalls, 4 in former Sears, 5 in Macy's)|
|Public transit access||TriMet bus lines 8, 17, 70, 77; Lloyd Center/NE 11th Ave MAX Station|
Lloyd Center is a shopping mall in the Lloyd District of Portland, Oregon, United States, just northeast of downtown. It is owned by Arrow Retail of Dallas and anchored by Macy's. The mall features three floors of shopping with the third level serving mostly as professional office spaces, a food court, and U.S. Education Corporation's Carrington College. A Regal Cinemas multiplex is located across the street.
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, J. C. Penney and Woolworth anchoring the east, and J. J. Newberry the north. The Newberry store was the national chain's largest at the time of its opening. 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.
As of 1971, Lloyd Center's five largest stores were, from largest to smallest, Meier & Frank (314,000 square feet), Newberry's (100,000 sq. ft.), Penney's (97,370 sq. ft.), F. W. Woolworth (62,734 sq. ft.) and Nordstom Best (52,891 sq. ft.).
The first significant expansion to the mall since its opening in 1960 was made in fall 1972, adding six stores. The 75,000-square-foot (7,000 m2) expansion included the addition of a 50,000-square-foot (4,600 m2) Lipman's store. In 1973, the JCPenney store was remodeled and expanded to 144,000 square feet (13,400 m2).
Frederick & Nelson acquired the Lipman's chain in 1979, and the Lloyd Center Lipman's store was renamed Frederick & Nelson. The store subsequently went through a dizzying succession of owners, nameplates and locations within the mall.[clarification needed] 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.
JCPenney closed in June 1998 and was replaced by Sears in November 1999. The Newberry's store closed in 2001, when the entire chain went out of business; it was the last Newberry's in Oregon. 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.
An 18-month, $50 million renovation began in March 2015, alongside the closure of the Regal 8 cinema. Entrances to the mall will be made more pedestrian-friendly and the central space will be reconfigured with a spiral staircase. The changes are partially in response to the increasing population of the Lloyd District from newly constructed apartment buildings.
In August 2016, Sears sold its 143,000-square-foot (13,300 m2) space to the mall's owners, who were reported to be planning a major remodeling of its upper floors, demolishing the fourth floor and expanding the third floor. On January 4, 2018, Sears announced that its Lloyd Center store would be closing in early April 2018 as part of a plan to close 103 stores nationwide.
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's A Loop has a stop two blocks west of the Lloyd Center, at NE 7th & Halsey. C-Tran serves Lloyd Center with its commuter express route 157 from 99th Street Transit Center in Vancouver.
Lloyd Center has played a 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.
- Toll, William (2003). "Urban Investment". Oregon History Project. Oregon Historical Society. Retrieved 2007-11-08.
- Glimcher Form 10-K (2007) Annual Report
- "History of the Lloyd District". Ashforth Pacific Properties. Retrieved 2008-05-14.
- "Stores Grow With Times". The Sunday Oregonian. July 31, 1960. p. M31.
- "Additional buildings proposed for Lloyd Center". The Sunday Oregonian. May 23, 1971. Section 1, p. 35.
- "Lloyd Center, East side's downtown, gets larger". The Sunday Oregonian. October 29, 1972. p. F8.
- Hill, Jim (May 17, 1998). "Lloyd Center thrives while Penney's wilts". The Oregonian. p. B1.
- Brennan, Tom (February 10, 1979). "99-year tradition ending: Frederick & Nelson buys Lipmans". The Oregonian. p. 1.
- "Tonight we close our doors as Lipman's ....". Advertisement in The Oregonian, March 30, 1979, p. A3.
- Njus, Elliot (June 13, 2013). "Lloyd Center mall acquired by Dallas real estate firm". The Oregonian. Retrieved 14 June 2013.
- Love, Jacqueline (July 1, 1998). "Penney's bows out of Lloyd Center". The Oregonian. p. E1.
- Hortsch, Dan (November 22, 1999). "There seems to be more traffic at the Lloyd Center". The Oregonian. p. E2.
- Heinz, Spencer (April 2, 2001). "Five-and-dime retailer will soon ring up its final sale". The Oregonian, p. B1.
- Njus, Elliot (February 5, 2014). "Nordstrom to close Lloyd Center, Westfield Vancouver stores". The Oregonian. Retrieved 2015-01-12.
- Marum, Anna (January 10, 2015). "Last call for two Portland-area Nordstroms". The Oregonian. p. C8. Retrieved 2015-03-08.
- Marum, Anna (February 5, 2015). "Lloyd Center renovation: Brokers shy away from 'traditional' tenants, lean toward yoga studios, pubs". The Oregonian. Retrieved 29 May 2015.
- Njus, Elliot (July 24, 2014). "Lloyd Center to begin $50 million renovation project, largest since its enclosure". The Oregonian. Retrieved 29 May 2015.
- Marum, Anna (November 15, 2016). "Lloyd Center Sears sold, ice rink to reopen". The Oregonian. Retrieved 2016-11-20.
- D'Innocenzio, Anne (January 4, 2018). "Sears to close stores at Gateway in Springfield, Lloyd Center in Portland". Eugene, Oregon: KVAL. Associated Press. Retrieved 2018-01-06.
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