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Originally developed by developer A. Alfred Taubman in 1973, it was anchored at the time by Hudson's, JCPenney and Sears. Lord & Taylor added a store in 1980, only to close in 1994. The store was replaced by Jacobson's that year. Taubman's shopping center interests became a publicly traded real estate investment trust, Taubman Centers, in 1992. In 1998 Taubman Centers simplified its corporate structure and turned over full ownership to its financial partner, the GM Pension Trusts. Taubman continued to manage the mall until 2004, when The Mills Corporation became 50% owner and manager. The Mills had to be sold to another company when the Mills made financial errors. In 2007, Simon Properties gained control of the Mills. It is Simon's very first managed property in the state of Michigan.
Jacobson's went bankrupt and closed in 2002. Von Maur purchased the vacant site and opened a store in 2004. Hudson's adopted the Marshall Field's name in 2001 before converting to Macy's on September 9, 2006. H&M also arrived in 2006.
Briarwood Mall has also been home to a movie theater since its grand opening, originally run as "United Artists Briarwood." Since the closure of many of United Artists' theaters in the late 1990s, the theater has been operated as "Madstone Theater of Ann Arbor", "Village 7 Theaters", and currently as "Movies at Briarwood", operated by Teicher Theaters. The theater is currently only three screens, as the other four screens have been taken over by a new Pottery Barn.
