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Lloyd Center Closes But Businesses Stay | Portland News
Description
Portland’s iconic Lloyd Center is closing August 8th, forcing longtime tenants to relocate — but Prosper Portland is stepping in with $153,000 in targeted grants to help them move within the city’s Lloyd-Holladay district. Designed for businesses with at least two years in Portland, these grants cover moving costs like signs, deposits, and permits for ground-floor spots — with a $25,000 cap per business. Applications opened July 1st and close September 1st, exclusively for Lloyd Center tenants, though leftover funds may open to others later. This move aims to keep local businesses alive and fill vacant storefronts in a district hit hard by pandemic-era vacancies.
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