Lloyd Center Signs Long-Term Lease With Live Nation Bringing World-Class Concert Venue to Portland Landmark

08/08/2018

(PORTLAND, Ore. – August 8, 2018) — Live Nation Entertainment, the world’s leading live entertainment company, today announced details about a new premier live music venue coming to Lloyd Center opening.

The yet-to-be-named venue will be located on the top floor of the former Nordstrom building at Lloyd Center with a box office on the first floor. Live Nation’s plans for the venue will reflect the unique culture and diversity within the community and Portland. Concertgoers can expect state-of-the-art lighting and sound technology, and other accommodations including unmatched VIP amenities, communal bars and lounge areas for pre and post event dining, and more.

“This is the first step in Lloyd Center’s evolution to become a true lifestyle entertainment center,” said Bob Dye, general manager at Lloyd Center. “Our restaurants and retailers are thrilled about the thousands of concertgoers who will walk by their stores every day.”

“Portland is a great music market with a strong fan base,” said Liam Thornton, executive vice president of development of Live Nation’s Clubs & Theatres group. “This mid-size venue will fill the gap between the smaller-club venues and larger arenas already present in Portland, bringing fans even more entertainment offerings.”

The Live Nation venue aligns with recent renovations at Lloyd Center and the mall’s vision to become an entertainment destination and lifestyle center. Lloyd Center recently completed Phase One of the multi-million-dollar renovation project, which includes completion of a new food court, overhaul of the historic ice rink, and remodel of the signature three-story spiral staircase.

Additional renovations to the mall’s incoming Regal Cinemas and Live Nation spaces will be seen in the coming months as Lloyd Center kicks off Phase Two. Lloyd Center is currently engaged in discussions with additional family-friendly entertainment companies and local restaurants and bars with the idea of creating an entertainment wing that people of all ages will enjoy.

“Lloyd Center has a vision to make this a special place—we are thrilled to be a part of it,” explained Thornton. “Additionally, the mall’s central location and convenient access to extensive transportation options will only elevate the concertgoer’s experience.”

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About Lloyd Center
The iconic Lloyd Center—once America’s largest mall and a model for retail centers across the country—is a 1.2 million-square-foot mixed-use lifestyle, shopping and entertainment center centrally located in the Portland Metro area. Recently acquired by one of the premier retail management firms in the nation, the mall is undergoing renovations that reflect the diverse community, which is being reimagined to accommodate people from all walks of life and includes new housing options, expanded pedestrian and green spaces, restaurants, and office/retail space.
Lloyd Center is anchored by Macy’s and accompanied by a strong mix of national retailers including, H&M, Ulta, Victoria’s Secret, Loft and Marshalls. Traditional shopping hours are 10 a.m. – 9 p.m. Monday through Saturday and 11 a.m. – 6 p.m. Sunday. Lloyd Center is owned by an affiliate of CAPREF Manager, LLC, which manages a private equity fund in excess of $1.2 billion and encompasses a portfolio of 5.8M square feet of retail and mixed-use properties across the United States. Visit lloydcenter.com for more information.

About Live Nation Entertainment Club & Theatre Division
Live Nation Club & Theatre division promotes nearly 15,000 events—including concerts, special events, private event rentals, club nights and more—in over 100 venues across the United States. With 78 owned/operated/managed clubs and theaters, the Live Nation Entertainment Club & Theatre portfolio, a division of Live Nation, is wide-ranging including the legendary Fillmores and the intimate House of Blues clubs throughout the United States. Live Nation Entertainment Club & Theatre division is the country’s preeminent live-music venue collection featuring state-of-the-art sound and lighting technology in one-of-a-kind custom-designed environments aimed to bring fans and artists together in unparalleled musical environments.

CONTACTS:

Bob Dye
Lloyd Center
bob.dye@lloydcenter.com
Phone: 503.528.8515

Jim Yeager
breakwhitelight (For Live Nation Entertainment Club & Theatre division)
jim@breakwhitelight.com
Office: 424-644-0225
Cell: 818-264-6812

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