Lloyd Center to receive $50M redo

Lloyd Center to receive $50M redo

Dallas-based Cypress Equities, which purchased the mall last year, will spend $50 million on the two-year remodel.

Among the new features will be:

• An entrance cut into the mall from Northeast Multnomah Street where Macy’s currently abuts the parking lot.

• A revamped ice rink, centered under the skylight and reduced to an oval.

• Removal of the foot bridges over the ice rink.

• A renovated food court that makes it easier to watch the skating and encourages users to stay in the mall and shop longer.

• A toned down, less busy look that allows retailers to get the attention.

• A refurbished southeast entrance and a spruce-up and new lighting for the Salmon Fountain.

• LED lighting.

• A $15 million new heating and cooling system, designed to reduce energy use by 20 percent to 30 percent.

Read more at Portland Tribune