Brickell Ten nabs $40M construction loan

115-unit tower will include 13,500 sf of retail and restaurant space

TRD MIAMI /
Aug.August 25, 2015 09:45 AM

Brickell Ten, a planned 22-story, mixed-use tower in the Brickell area, closed on a $39.7 million construction loan, Miami-Dade County records show.

The 155-unit condominium, which will include 13,500 square feet of retail and restaurant space on the ground and mezzanine levels, is being developed by IBcorp Investments, Waterstone Capital LLC, BC Architects A1A and Civic Construction, according to marketing materials. Attorney Richard Waserstein signed the mortgage for Waterstone Capital. Ocean Bank is the lender.

Units will feature terraces, Italian kitchen cabinetry, Bosch stainless steel appliances and Italian bathrooms. They’ll range from one to three bedrooms, as well as penthouses. Adriana Hoyos is designing the interiors. Building amenities will include a rooftop recreation complex complete with a spa, gym, outdoor bar, pool and terrace; as well as a club room, swimming pool, play room and more.

OneWorld Properties, led by Peggy Fucci, is the exclusive sales and marketing firm for the project. OneWorld is also handling sales for Paramount Miami Worldcenter.

Brickell Ten will be located on the corner of Southwest Second Avenue and Southwest 10th Street, west of Brickell City Centre and Mary Brickell Village.


Related Articles

arrow_forward_ios
4238-4276 Northwest 7th Street in Miami, Avison Young’s Michael Fay, John Crotty, David Duckworth, Brian de la Fé, Emily Brais and Berkley Bloodworth

Mixed-use Le Jeune Road dev site heads to market for $17M

Mixed-use Le Jeune Road dev site heads to market for $17M
Vlad Doronin, Len Blavatnik, and 3425 Collins Avenue (Credit: Google Maps, Gesi Schilling, and Mark Neyman / GPO)

Developer of Aman-branded towers in Miami Beach scores $35M loan

Developer of Aman-branded towers in Miami Beach scores $35M loan
Rendering of 57 Ocean and Marcelo Kingston (Credit: DBOX)

57 Ocean in Miami Beach scores $59M construction loan

57 Ocean in Miami Beach scores $59M construction loan
JPMorgan Chase CEO Jamie Dimon (Credit: Win McNamee/Getty Images, Google Maps, iStock)

JPMorgan Chase buys own branch in West Palm

JPMorgan Chase buys own branch in West Palm
South Florida lenders and landlords battle new coronavirus reality

South Florida lenders and landlords battle new coronavirus reality

South Florida lenders and landlords battle new coronavirus reality
Moishe Mana and 25 West Flagler Street

Moishe Mana buys City National Bank building in downtown Miami

Moishe Mana buys City National Bank building in downtown Miami
Brickell Flatiron and Ugo Colombo

Ugo Colombo pays off $236M construction loan for Brickell Flatiron

Ugo Colombo pays off $236M construction loan for Brickell Flatiron
Rendering of Sailboat Bend II

Affordable housing project in downtown Fort Lauderdale lands $27M loan

Affordable housing project in downtown Fort Lauderdale lands $27M loan
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...