(Read more on the multifamily market.)

MIAMI-Locally based Alayo Building Co. and Grupo San Jose SA areplanning to break ground in January on Lincoln Square, an$11-million, 35-unit condominium building. The project is rising at1681 West Ave.

The project, which will include 6,000 sf of retail on the groundlevel, is being designed by New York-based architects AlayoArchitects. The building is designed to be a hybrid of a modernglass tower and garden courtyard and will feature expansive windowsand wrap-around balconies with an atrium and roof deck serving as acommon meeting and circulation space. The project is expected to becompleted in fall 2009.

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