Drooid Logo
Back to story perspectives

Full Breakdown

Portland's Lloyd Center Redevelopment Plan Approved

3/7/2026, 8:16:22 PM

Unanimous Approval for Redevelopment

The Portland Design Commission has unanimously approved the master plan for the redevelopment of the Lloyd Center, a shopping mall that has become economically unsustainable. This decision paves the way for the demolition of the existing structure and the creation of a mixed-use neighborhood that will include new streets, parks, and open spaces, as well as diverse housing and retail options. Tom Kilbane, Managing Director of the project, indicated that an announcement regarding the mall's closure date will be made soon, allowing tenants and the community ample time to prepare for the transition.

Project Vision and Community Engagement

The owners of the Lloyd Center expressed their satisfaction with the Design Commission's decision, emphasizing that it reflects years of community engagement. They stated, “The unanimous approval of this plan by the Portland Design Commission reflects years of meaningful community engagement. This vision transforms an aging mall that is no longer economically sustainable into a vibrant, mixed-use neighborhood with housing, retail, and open space.” The redevelopment aims to revitalize the area and enhance its role in the city.

Timeline and Next Steps

Following the Design Commission's approval, city staff will send out the final findings and decision by March 20, initiating a 14-day appeal period. If an appeal is filed, the Portland City Council will conduct a hearing to address the case. The timeline for the demolition and subsequent redevelopment has not yet been established, but Kilbane confirmed that plans are in motion.

Criticism and Opposition

While the redevelopment plan has received broad support, some community members have expressed concerns regarding the potential loss of the mall's historical significance and its role in the local economy. Critics argue that the transformation could lead to gentrification and displacement of existing residents and businesses. The owners, however, maintain that the project will ultimately benefit the community by providing new opportunities and spaces.

Verbatim Quotes

  • “Very soon we'll be making an announcement about the closure date,” — Tom Kilbane, Managing Director
  • “This vision transforms an aging mall that is no longer economically sustainable into a vibrant, mixed-use neighborhood with housing, retail, and open space. Lloyd Center will always hold a special place in the hearts of Portlanders, and now it’s poised to play a leading role in the city’s revitalization.” — Lloyd Center Owners

The redevelopment of the Lloyd Center represents a significant shift in Portland's urban landscape, aiming to address the challenges of an outdated shopping center while fostering community growth and engagement.