Boston, Massachusetts Realizing the Vision
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BOSTON, MASSACHUSETTS REALIZING THE VISION A New Era of Prestige. Simon has recently completed a spectactular transformation of Copley Place, reaffirming the center's position as Boston's preeminent luxury destination. The multi-phase project included a renovation of the center’s entire footprint, creating an unparalleled shopping experience for the style-savvy Boston elite and sophisticated tourists that seek nothing less than best in class. VIEW OF LEVEL ONE TOWARDS TIFFANY & CO VIEW OF NEW ENTRANCE OFF SOUTHWEST CORRIDOR BOSTON’S LUXURY DISTRICT As Boston’s most coveted shopping destination, Copley Place continues to enhance offerings and experiences for luxury consumers. Distinctive updates include: ‐ Complete, open-space concept renovations to interiors, exteriors, and vertical transportation. ‐ New finishes and upgraded lighting to the underground pedestrian tunnel leading to the Back Bay station. ‐ New central elevator providing easier access to the parking structure. ‐ New elevator lobbies providing an upscale connection to the second level and office tenants. ‐ Convenient wayfinding signage and new digital directories making the shopping experience easier to navigate. ‐ Dramatic new large format digital media walls. ‐ All new LED lighting. ‐ Enhanced Wi-Fi connectivity. ‐ Elevated merchandise mix with luxury-focused experience on first level. ‐ New dining additions. REDEVELOPMENT—VIEW FROM LEVEL ONE THE WORLD’S MOST PRESTIGIOUS BRANDS Distinctive. Classic. Delicious. Several of the world’s premier, international brands have made a home at Copley Place, including Neiman Marcus, Tiffany & Co., Ermenegildo Zegna, Tory Burch, Montblanc, and more. Barneys New York will add their upscale dining concept, Fred's, in 2019, and Louis Vuitton's global flagship store at Copley Place recently added Ready to Wear. Copley Place has added several exclusive stores, while expanding or relocating others: ‐ Burberry ‐ CH Carolina Herrera ‐ Christian Louboutin ‐ Fendi ‐ Hive & Colony ‐ L.K. Bennett ‐ Moncler ‐ Saint Laurent Paris ‐ Tod's ‐ Tourneau - Rolex Shop-in-Shop ‐ Tumi ‐ Yvel NEW ESCALATOR ACCESS TO LEVEL TWO BACK BAY IS THE DESTINATION Copley Place is the epicenter of luxury retail in Boston. The half-mile radius surrounding the center generates $1.8 billion in retail sales annually. COPLEY PLACE Tumi SHOPS AT APM Monaco Versace PRUDENTIAL CENTER Barneys New York Vince. Lord & Taylor Burberry Yvel Saks Fifth Avenue CH Carolina Herrera Eataly Christian Louboutin NEWBURY STREET David Yurman Agent Provocateur THE HERITAGE ON THE Dior Akris GARDEN Ermenegildo Zegna Alice and Olivia Anne Fontaine Fendi AllSaints Bottega Veneta Furla Cartier Christofle Gucci Chanel Hermès Hugo Boss Cynthia Rowley St. John Jimmy Choo Diane Von Furstenberg John Varvatos Dolce & Gabbana L.K. Bennett Giorgio Armani Louis Vuitton Intermix Moncler Joie Montblanc kate spade new york Neiman Marcus LoroPiana Saint Laurent MaxMara Salvatore Ferragamo rag & bone Stuart Weitzman Ralph Lauren Tiffany & Co. Restoration Hardware Tod’s Ted Baker Tory Burch Urban Outfitters Tourneau Valentino CULTURE MEETS COMMERCE With more than 135,000 daytime office workers within one mile of the center, Copley Place is reinventing the business landscape as well. Transformative enhancements to the fully leased 850,000-square-foot office building have elevated its profile within the Back Bay commercial submarket. Completed in Fall 2018, renovations included: ‐ New, modern lobby and common areas ‐ State-of-the-art security upgrades ‐ New elevators A BRAVE NEW BOSTON A city reverent of its history, Boston has remade itself into one of the world’s most prestigious and modern urban centers. ‐ As the jewel of Back Bay, Copley Place stands to epitomize Boston’s new chapter of excellence and luxury experiences. ‐ Combined market size of seven million (1.6 million more than Dallas-Fort Worth). ‐ Boston is the sixth-largest metro area in the U.S. for households with annual incomes over $200K (New York, Los Angeles, Washington, D.C., Chicago, San Francisco, Boston). ‐ Home to more universities than any other U.S. city, including Harvard University, MIT, Boston University, Brandeis University, Tufts University, Berklee School of Music, Northeastern University, and Suffolk University. ‐ Boston is the cornerstone for leading U.S. bio-tech and life-sciences companies. AN INTERNATIONAL TOURISM DESTINATION Boston hosts over 19 million domestic and international visitors each year, creating more than $9.1 billion in total spending impact. ‐ Ninth most visited U.S. city for overseas travelers (more than Chicago, Philadelphia, Seattle, Atlanta, Dallas, and Houston). ‐ 1.3 million tourists annually, with the United Kingdom, China, Germany, France, and Japan representing in highest numbers. ‐ Spending by Chinese tourists is three times that of other foreign nationals, predominantly within high-end retail experiences. ‐ High international student population creates two additional peak seasons for retail. ‐ Chinese students studying in Boston is up 118% over a four-year period, making for 28% of international students. HOME SUITE HOME With more than 12,000 rooms within 1.5 miles, Back Bay offers a range of hotel accommodations for tourists seeking sophistication. The Boston Marriott Copley Place and The Westin Copley Place offer 3,300 rooms conveniently connected directly to the center via skywalk. Other accommodations in the city include: ‐ Boston Park Plaza Hotel ‐ Charlesmark Hotel ‐ The Colonnade Hotel ‐ Copley Square Hotel ‐ Eliot Hotel ‐ The Fairmont Copley Plaza Hotel ‐ Four Seasons Hotel ‐ Hilton Back Bay ‐ Hyatt Regency Boston ‐ The Lenox Hotel ‐ Liberty Hotel ‐ Loews Boston Hotel ‐ Mandarin Oriental Hotel ‐ The Ritz-Carlton ‐ Sheraton Hotel ‐ Taj Boston Hotel ‐ The W Hotel NOTABLE NEIGHBORHOODS One of the most exclusive neighborhoods in the country, Back Bay is the most affluent ZIP code in the Boston metro area. Within three miles are over 200,000 homes with average home values of $600,000. Back Bay is the most active luxury residential development pipeline in Boston. RESIDENTIAL NEIGHBORHOODS Beacon Hill South End LUXURY DEVELOPMENT 360 Newbury Street 660 Washington Apartments Avalon at Exeter The Belvedere Condominiums Colonnade Residences Four Seasons Tower Heritage on the Garden Mandarin Oriental Condominiums One Back Bay The Ritz-Carlton Residences Trinity Place About Simon Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). Copley Place presents a unique opportunity for your brand. Please contact the following Simon leasing professional for more information: John Steen (317) 685-7376 [email protected] 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG)..