New Hotel, Residential, Retail Project for South Boston

Waterfront project would encompass more than 1.1 million square feet

"The area here is catchment area that goes downtown, to the North End, to the Leather District, and with the tunnels to East Boston," he said. "We've always seen that as our immediate area."

Over the next decade or more, modest-scale residential towers are expected to open on Fan Pier, and on the land next to Waterside Place, formerly owned by Frank H. McCourt Jr. and now owned by Hynes and the investment company Morgan Stanley.

A retail development specialist, Stephen R. Karp, has plans and permits to redevelop the restaurant Anthony's Pier 4.

Drew has plans for a third World Trade Center office tower.

Waterside Place parking will be in a garage along the D Street side of the property, but shielded from public view by other buildings in most places, Drew said.

In an earlier design, the parking was below ground, but that proved to be prohibitively expensive.

"Only drivers looking up from the Ted Williams Tunnel will notice it," Drew said.

And he is exploring the possibility of using modern lights and graphics on the side of the structure to further disguise it.

To see more of The Boston Globe, or to subscribe to the newspaper, go to Copyright (c) 2007, The Boston Globe Distributed by McClatchy-Tribune Information Services. For reprints, email, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.