Simon Property Group has announced plans for a redevelopment of the current Neiman Marcus space at Copley Place, the mixed-use property located in the city’s affluent Back Bay neighbourhood.
This week, Saks Global said it was closing multiple Saks Fifth Avenue stores, in addition to the Boston Neiman Marcus location, on the heels of its recent bankruptcy filing.
Simon says the new multi-level redevelopment will introduce a “world-class roster” of internationally-recognised luxury retail brands and notable dining to Copley Place, including Casa Tua Cucina, a Miami-born culinary marketplace and Estiatorio Milos, a globally-acclaimed Greek seafood restaurant founded by Greek-born restaurateur Costas Spiliadis. The project will welcome additional luxury boutiques to be unveiled at a later date.
Construction, which will include an updated exterior remodelling, is expected to begin later this year with phased openings, including additional retail, dining and wellness concepts, in 2028. The new restaurant and retail openings will join a Copley Place’s mix of luxury tenants, including first-to-market Dolce & Gabbana, the expansion of Fendi and Tourneau and the recently-opened Loewe.
“Copley Place has always been Boston’s most exclusive luxury destination, located in the heart of the thriving Back Bay,” said Mark Silvestri, President of Development at Simon. “By introducing these globally recognised brands and iconic dining concepts, we’re taking an already exceptional experience to an entirely new level. No other location in the market delivers this calibre of luxury in one place.”
