(photo courtesy of Elkus | Manfredi)
Can you say boo-ya! In the hot new trend of super luxury condominiums built on top of malls and luxury shopping centers…Copley Place looks like they plan to move forward! This is just another example of what Boston needs!
We have been following this project for quite some time now and are thrilled to see it coming to life. Simon Properties a huge mall developer, if not the largest mall developer in the U.S World plans to expand Copley Place here in the Back Bay in downtown Boston.
Copley Place owner Simon Property Group told Boston city officials today that it plans to expand the Neiman Marcus store and luxury shops there and build residential condominiums in a new, 47-story tower.
“The expansion of Neiman Marcus and the specialty shops will ensure the City of Boston’s retail pre-eminence within the entire metropolitan region,” Simon, based in Indianapolis, said in a press release.
The filing provides details of previously announced plans for Copley Place’s final large structure.
The expansion will include a complete renovation of the 115,000-square-foot Neiman Marcus store and an addition of 54,000 square feet. An additional 60,000 square feet of expansion will include new retail shops and restaurant space and a “public winter garden,” which will replace the existing Stuart Street plaza.
Residences will take the form of 300 luxury condominiums with 24-hour concierge service, plus a health facility, spa, and residents’ library, Simon said.
The first four floors of the tower will be commercial and retail space, topped by 43 floors of residential. The 47-story tower will be slightly smaller than the 52-story Prudential Tower and the 60-story John Hancock Tower, both located nearby in the Back Bay. Currently, the tallest building in the Copley Place complex is Westin Copley Place, at 36 stories. Continue …
Copley Place will fit in nicely with other lux properties going up in the Back Bay neighborhood including The Clarendon (Beal/Related), 285 Columbus Lofts (Boston Residential Group) & The Residences at the Mandarin Oriental (CWB).