The Scottish firm's scheme is part of a wider development, backed in a joint venture by a consortium called M&M Lochrin.
The £35 million mixed-use project will redevelop the southern area of the Lochrin Basin, which is being transformed from an industrial wasteland into an upmarket residential and commercial area.
The project will offer more than 133 flats, 20 of which will be designed for affordable housing, as well as three new cafés or shops.
The site, Lochrin Place, will mainly offer housing, with the majority focusing on the water, which is due to harbour boats from the Union Canal.
Lead architect Adrian Welch says the materials to be used will include red brick, steel cladding, white render and precast concrete.
The scheme is opposite an earlier £60 million Michael Laird project, Edinburgh Quay, which won a prize at the Scottish Design Awards in 2005.
The present scheme is currently in for planning permission.