Rosedale management says its options are wide open with Herberger’s closure


Mike Munzenrider • Rosedale Center now owns the soon-to-be vacant Herberger’s, and is keeping its options open for the 150,000-square-foot of space. Mall management said it could be used for retail, medical, office space, a hotel or even housing.

Despite the large “going out of business” signs on the Rosedale Center Herberger’s that catch motorists’ eyes as they pass on Highway 36, Rosedale general manager Scott Michaelis said the state of the mall is “fantastic.”

The possibility of the Herberger’s closure became obvious earlier this year when its parent company, Bon-Ton Stores, filed for bankruptcy. The store’s closing became official April 18, with an announcement that Bon-Ton was going into liquidation.

According to Michaelis, market trends caught mall management’s attention last year. “We kind of knew this was going to happen,” he said, explaining that last fall Rosedale entered into a sale-leaseback for the 150,000-square-foot Herberger’s space, which it now owns.

“Being proactive, we thought, ‘We’re just finishing up our renovation ... we want to have as much control as possible,’” Michaelis said.

With that renovation now complete and another department store, Von Maur, set to open in a 140,000-square-foot addition to the mall in October — the total price tag for all the work came in at more than $80 million, according to a mall release — attention will turn to the future of the Herberger’s space.

“We can really do whatever we want,” said Michaelis, “it’s not an opportunity many landlords are going to have.”

Michaelis said he isn’t ruling out another, single large retailer taking over the space, though the mall is open to a number of more novel options: smaller retail, a hotel, medical, office space and even multi-family housing.

Housing options are on the rise at “lifestyle centers,” he said, and possibilities for Rosedale include apartments or condos above retail options. Portions of the former Herberger’s area could be turned into greenspace, too.

“We have the opportunity to really reinvent the whole experience here,” Michaelis said, noting that Rosedale could have the opportunity to become a town square-type place in Roseville.

Work will begin in earnest on the Herberger’s space once the store sells through its inventory, which could be a couple months out. A mall release said the store’s more than 180 employees could find new jobs at Von Maur, which is slated to open Oct. 13.

Other openings on the horizon at Rosedale, Michaelis said, include the Rose & Loon makers marketplace, which will be near Von Maur.

“It’s one of a kind — we’re going to have Midwest makers’” products for sale, he said. Rosedale will run the store and handle merchandising, stocking regionally made wares. “Others have tried it but we’re building out a space specific to this look; we’re designing around the concept.”

For more information about the mall, which opened in 1969, go to www.myrosedale.com.

– Mike Munzenrider can be reached at mmunzenrider@lillienews.com or 651-748-7813

Correction: A previous version of this story misstated the location of the Rose & Loon marketplace.

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