• Simon

Totals

Total Square Footage 774000
Total Dollar Volume $ 0

General

Established 1993
Employees
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Description

Simon is a global leader in retail real estate ownership, management and development and a S&P 100 company (Simon Property Group, NYSE: SPG). Our industry-leading retail properties and investments across North America, Europe and Asia provide shopping experiences for millions of consumers every day and generate billions in annual retail sales.

Updates

Copley Place Tower
- Oct 30, 2016

Copley Place Tower plans shelved


Simon Property Group has decided to shelve plans to construct the approved 52-story Copley Place Tower in Copley Square for the immediate future, The Boston Globe reports. Simon CEO David Simon cited rapidly rising construction costs and concerns about oversupply of luxury housing in a recent conference call with analysts. “I would encourage everybody to study what’s going in construction costs and what’s going on in supply and demand,” said Simon, “it’s just not the right time to do it.” Simon could build the tower at a future date; the company will move forward with planned improvements to the existing Copley Place shopping mall.


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