Remodel Aims To Open Up Lloyd Center

Dated: January 28 2014

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The new owners of the Lloyd Center unveiled plans Monday for a significant renovation designed to improve pedestrian access to the shopping center. Cypress Equities, which acquired the Lloyd Center last summer, said the renovation is part of its plan to refresh the mall while “appealing to shoppers’ sense of nostalgia.” “This property is an iconic symbol of the Lloyd District, and restoring its famed relevance in the Portland community is our primary objective,” Todd Minnis, Cypress’ chief investment officer, said in a statement. The remodel also comes as the Lloyd District is on the verge of doubling its residential population. American Assets Trust is building nearly 660 apartments on a block adjacent to the mall, and it is contemplating more residential development nearby.

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Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....

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