Copley Place to grow; 47-story tower planned over Neiman Marcus
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.
Elkus|Manfredi Architects of Boston is the design firm. The project is forecast to bring 250 new permanent jobs.
No additional parking space is to be built; the new tower is across the street from the MBTA's Back Bay Station.
Copley Place was built in the 1980s on air space over the Massachusetts Turnpike and on a former railroad yard. According to its website, the Back Bay shopping complex houses about 75 stores, including Barneys New York, Louis Vuitton, and Burberry.
Simon Property Group bills itself as the largest public US real estate company, with regional malls, outlet centers, lifestyle centers, and international properties.
It controls 257 million square feet in all.
(By Thomas C. Palmer, Globe staff)