A previously shelved plan to build a 47-story, $500 million tower at Copley Place is back in play.

Simon Property Group, which pulled the proposal a few years ago as the financial markets melted, yesterday unveiled yet a new plan for the tower, which would be built above the Neiman Marcus store. It would include up to 280 luxury condos. But Back Bay activists don’t sound any more thrilled than they were a few years ago.

File under: Back to the Future

P.S. Does the proposal’s resurrection mean the economy is now officially in recovery mode? Or are developers simply getting the ball rolling early, knowing they could face months, if not years, of more neighborhood wrangling?

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