PORTLAND, Ore. (KPTV) – The Lloyd Center appears to escape redevelopment
as a new owner attempts to “revitalize” the long-standing Portland mall.

Urban Renaissance Group, a real estate company with offices in
Portland announced a partnership Monday with lending company
KKR Real Estate Finance Trust to take ownership of the 61-year-
old mall with the intention of maintaining retail and works paces
as well as ice skating (below).