BRYL Development will present its plans for a new condo project in Fort Lauderdale’s Flagler Village before the city’s Development Review Committee on March 22.

The condo project, Flagler 626, calls for a 12-story building with 99 units, 105 parking spaces and a pool. The developer acquired the property, located on the o.62-acre site at 626, 630 and 636 N.E. 1st Ave., for $725,000 in 2014.

Doron Broman, manager of BRYL, along with Uri Redler, Shimon Langart and Doron Brown, according to South Florida Business Journal, think there are too many rental projects in Flagler Village and there’s a need for an affordable condo project.

“We like Flagler Village a lot,” Broman said to the Journal. “It reminds us of Wynwood with the creativity and the artists so outside of downtown.”

The units in Flagler 626 will be priced around $350 per square foot, which will be less expensive than condos in Miami or on Fort Lauderdale beach.