The street is named after Rådmandsmarken (The Councilman Fielf), whose crops belonged to the councilmen of Copenhagen.

Many monuments, memorials and public artworks that were installed in Copenhagen over the next decades cast at the site in 1890.

Bardings Farveri og Tøjrensningsetablissement, which grew to become the largest dyeing and dry cleaning company in Scandinavia, was from around at the turn of the century based at the southern end of the street.

The plant included administrative offices, route delivery racks, and room for the dry cleaning, spotting, finishing, and dyeing departments.

The Skjolds Plads City Circle Line station is located approximately 385 metres from the street along Tagensvej.