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    Posts Tagged ‘Citadel mall’

    Springs’ shopping malls battling vacancy rates (access required)

    by Amanda Miller Published: July 1,2011

    Tags: Chapel Hills Mall, Citadel mall, Marketplace at Austin Bluffs, Promenade Shops at Briargate, Retail, shopping, vacancy

    The city’s traditional shopping malls are facing challenges filling retail space. Anchor tenants are leaving, and vacancies are high. Yet mall managers are trying to put a good face on the matter and insist their vacancy problems are only temporary. The city’s two traditional, shopping malls, The Citadel and Chapel Hills malls, won’t offer statistics [...] [...]

    Investor holds on to hope for Macy’s building (access required)

    by Amanda Miller Published: July 1,2011

    Tags: Blake Allen, Citadel mall, Macy's

    Blake Allen, who owns Allen Realty in Manitou Springs, is unfazed by the The Citadel mall’s woes and is buying the vacant Macy’s building in hopes of staging a retail comeback. Investors and retailers, however, aren’t convinced. He has been in the process of buying the building since March and hopes to close at the [...] [...]

    Citadel gets new management co. (access required)

    by Becky Hurley Published: July 23,2010

    Tags: Citadel mall, Midwest Mall Properties, Urban Retail

    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 [...] [...]

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