‘Portland icon’ Lloyd Center slated for demolition later in 2026, renderings reveal what could replace it

PORTLAND, Ore. (KOIN) — If you want to take one last lap at the Lloyd Center indoor rink, you might want to get there early.

one New concert venue under construction on former Nordstrom store site at the Lloyd Center. Now, KOIN 6 has learned, plans to demolish the rest of the mall will move forward this week.

There were only a few people inside the Lloyd Center mall on Tuesday as only a few stores remained open. When it opened in 1960, it was one of the largest malls in the United States and was home to the country’s first indoor mall ice rink

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“It’s an icon of Portland. It’s part of Portland’s history,” said Kerry Tymchuk, executive director of the Oregon Historical Society. “It’s a performance venue…it’s been part of Portland’s DNA for many years.”

Despite efforts to save the mall, the current owners of the 29-acre property will submit their plans to demolish it entirely to the Portland Design Review Board.

The plan involves thousands of housing units, offices, retail, street and park space.

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“It’s going to be a whole new neighborhood. We have a 30-acre site here. We’re envisioning new streets, new open space. There’s going to be retail buildings. There’s going to be thousands of new homes. It’s going to be a vibrant new neighborhood that takes shape over the next 10 years or so,” said Tom Kilburn of Urban Renaissance Group.

The mall is expected to be demolished later this summer, and the owners of Lloyd Center will discuss their plans with the city of Portland later this week.

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