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The mall opened August 1, 1960 in it's original 100-store, open-aired configuration. Upon opening, it was certainly the first and largest shopping center in Portland, and claimed to be the largest in the world at the time. Although very close to the downtown retail core, Lloyd Center was the first major retail development to seriously challenge it, aimed almost exclusively at commuters utilizing Portland's then-growing freeway system.

The mall's layout and decor were outdated by the 1990's, which saw a major renovation that enclosed the mall, added new anchor and retail space, and a food court.

The mall is well-connected to the regional transit system; TriMet buses stop right outside and MAX Light Rail Stops one block away. It is in Fareless Square and mall parking lots are often used as free parking for commuters and visitors to Downtown Portland, which is legally considered trespassing.

The Lloyd Center for Environmental Studies is located in Dartmouth, Massachusetts.


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