Citadel gets new management co.

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The Citadel mall is under new management.

The 1.1 million-square-foot property is still owned by Midwest Mall Properties and is the city’s oldest regional shopping center.

Urban Retail is often called upon to reposition and update retail properties.

In recent days the mall’s ownership group has struggled to rework financing for $621 million in debt owed on both The Citadel and the Northwest Arkansas Mall in Fayetteville, Ark.

General Manager Victoria Harley said the change will not affect day-to-day operations and that all employees and management will continue in their current positions.