Marshfield Mall Keeps on Ticking
Friday, February 1st, 2019 -- 8:03 AM
(Focus on Marshfield) -It’s business as usual at the Marshfield Mall, which despite rumors to the contrary, isn’t planning on shutting its doors anytime soon.Ned Brickman, President of Midland Management and owner of Marshfield Mall, confirmed that there were no major changes planned this year and his company is actively thinking about the mall’s future, which doesn’t include closure. Last July, Brickman presented a plan to Common Council to redevelop the mall by razing the current building except for the Younkers, Kohl’s, and Ashley Furniture HomeStore spaces, then constructing five medium box stores, two spaces for fast casual dining restaurants, and a spot for current mall tenants. However, any such development, if it ever did happen, would be years down the road and happen in stages as determined by interest from potential tenants, who are unlikely to show up all at once.
His first priority is to fill the Younkers space, potentially by next spring. The location would be split in half and occupied by two national retailers who have shown an interest. Leasing a space to a large company is a slow process which can take several years. Though retail expansion might have slowed considerably, Marshfield is near the top of the list when it comes to companies who want to get into smaller markets. With high demand for fast-casual restaurants, there is still a potential that other buildings could be constructed on the property, but several years down the road.
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