Abstract: A single serve beverage dispensing device having a water reservoir from which water is drawn and ionized to produce alkaline water, which is returned to the water reservoir, and acidic water, which is routed to a waste water reservoir. The dispensing device includes a capsule holder for holding a beverage capsule including a powdered beverage media. The device includes a dispensing arm which punctures through the beverage capsule to and delivers the alkaline water into the capsule to mix with the beverage media. The beverage flows upward to exit the beverage capsule, and is then dispensed into a beverage receptacle.