Vote Decides Lloyd Center’s Future and Ice Rink’s Fate
In a decisive move regarding the future of the Lloyd Center, the Portland Design Commission approved a comprehensive redevelopment plan. This decision, finalized on a Thursday, puts into motion the potential transformation of the iconic shopping destination and its historic ice rink.
Key Details of the Redevelopment Plan
The approved master plan, orchestrated by KKR Real Estate Finance Trust and Urban Renaissance Group, aims to redevelop the nearly 30-acre site in Northeast Portland. This plan is set to replace the existing Lloyd Center and its ice rink with a mixed-use development featuring:
- Over 1 million square feet of office space
- Approximately 457,000 square feet of retail space
- More than 5,100 housing units
- Parking facilities accommodating more than 5,300 vehicles
- 23% of the property dedicated to courtyards, plazas, and green space
- A 2.3-acre urban park with a nature walk, dog run, and public art
- A flexible plaza for seasonal programming and events
The Future of the Ice Rink
The Lloyd Center Ice Rink, which opened in 1960 as the nation’s first shopping center ice rink, has hosted over a million visitors in its initial years. Despite its historical significance, it faces closure as part of the redevelopment. Once the rink shuts down, nearby skating options will be limited to facilities in Vancouver and the Winterhawks-managed sites in Sherwood and Beaverton.
Community Reactions and Expectations
The decision has generated mixed feelings among local stakeholders. Although there has been substantial public testimony advocating for the preservation of the rink, commissioners reiterated their limited authority over private property decisions. Some members expressed concerns about the potential for the extensive site to remain vacant for years after demolition.
Urban Renaissance Group’s Tom Kilbane emphasized the project’s potential to revitalize the area, stating, “This vision transforms an aging mall that is no longer economically sustainable into a vibrant, mixed-use neighborhood.” He reassured the community that the plan reflects years of engagement with residents.
Scheduled Developments
In conjunction with the Lloyd Center’s transformation, a major music venue is currently under construction within the former Nordstrom building. Expected to open in 2027, this 68,000-square-foot venue will enhance the area’s cultural landscape.
The Lloyd Center Redevelopment Plan marks a significant change for Northeast Portland, promising a revitalized urban environment where residents can live, work, and play. With community sentiments divided, the future of this iconic site remains a focal point in local discussions.
