Simon Properties postpones luxury Copley Place tower

A planned 52-story Copley Place residential tower will be delayed — and could be completely canceled — because of rising construction costs and concerns over the rising supply of luxury housing in Boston, Simon Property Group said.

Simon Property last December had said they also intended to renovate the property and add more space for luxury retailers and restaurants at the upscale shopping mall, hotel and office complex. The entire face of the outside area on Dartmouth Street, between the mall and Tent City apartments, was to be redone.. . . more