According to an article in The Boston Globe, Boston Garden Development Corp. now has a "less ambitious" plan in place for a winter garden at the plaza, with the plans initially including a beer garden, though the earlier proposal for a restaurant is on the shelf for now because of a lack of utilities (including electricity and plumbing) at the site. The first phase of the project would also include 40 to 50 holiday market vendor stalls as well as an ice-skating path, and the proposals for the restaurant along with an "observation wheel" could be revisited at some point in the future.
The Globe says that the beer garden, vendor stalls, and skating path hope to open to the public on the Friday after Thanksgiving of this year, with most of the vendors wrapping up at the end of the year and the rest of the winter garden shutting down around the end of February.
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[Related article from our sister site (Boston's Hidden Restaurants): Slideshow--Ten Good Places to Get Beer in the Boston Area]