Yet another high-rise tower is in the works for the developer hot spot just west of the planned Brickell CityCentre project, the Daily Business Review has exclusively learned.
Bay Harbor Islands-based Waterstone Capital, a real estate investment group that specialized in distressed retail properties over the last real estate cycle, is set to announce the 24-story, 155-unit project sometime in the next few weeks, with sales starting shortly thereafter. Approvals are still pending for the project, Richard Wasserstein, manager at Waterstone, told the DBR, but plans currently include 13,000 square feet of ground floor retail.
