News: Owners Developers & Managers

Simon launches Copley PlaceTM landmark redevelopment

Boston, MA Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, revealed a transformational redevelopment of the current Neiman Marcus space at Copley PlaceTM. This next chapter elevates the center’s luxury retail mix and further cements Copley Place as the destination for luxury shopping and dining in the city.

Construction, which will include an updated architecturally stunning exterior remodeling, is expected to begin later this year with phased openings, including additional retail, dining, and wellness concepts, in 2028. 

The new multi-level redevelopment will introduce a world-class roster of internationally recognized luxury retail brands and dining to Copley Place, including Casa Tua Cucina – the Miami-born culinary marketplace, offering globally inspired cuisine in a curated, open-kitchen setting and Estiatorio Milos – the globally-acclaimed Greek seafood restaurant founded by Greek-born restauranteur Costas Spiliadis. The project will welcome additional luxury boutiques to be unveiled at a later date. 

“Copley Place has always been Boston’s most exclusive luxury destination, located in the heart of the thriving Back Bay. By introducing these globally recognized 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 caliber of luxury in one place,” said Mark Silvestri, president of Development at Simon.

These flagship additions will join a thoughtfully assembled mix of luxury retail, including first to market Dolce & Gabbana, the expansions of FENDI and Tourneau, and recently opened LOEWE — reinforcing a curated environment that distinguishes the center as Boston’s destination for luxury and culinary excellence.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant