Two Roads Development Reaches and Funds Settlement With Biscayne 21 Owners, Clearing Path Forward for Edition Residences, Miami Edgewater

Two Roads Development, a South Florida-based real estate development firm, has reached and fully funded a settlement resolving the remaining litigation related to the Biscayne 21 condominium property at 2121 North Bayshore Drive. The agreement with the remaining owners concludes multi-year legal proceedings, demonstrating the firm's commitment, financial strength and capacity to overcome complex challenges to protect its assets.

Navigating Florida's evolving legal and regulatory landscape following updates to the state's condominium termination laws, Two Roads Development worked diligently through the judicial process to secure complete control of the site. The resolution clears the way for Two Roads Development to advance construction on transforming this one-of-a-kind waterfront property, currently home to Biscayne 21, into EDITION Residences, Miami Edgewater.

“Every major development comes with its share of hurdles, and our ability to navigate challenges and protect our vision is what sets Two Roads apart,” said Taylor Collins, Co-founder and Managing Principal of Two Roads Development. “This outcome reflects the strength of our platform and positions us to focus fully on executing our growth pipeline and creating long-term value in the markets we serve. This has been a long and arduous process, and we’re grateful to our team and partners who remained committed throughout. We’re excited to now turn our full attention to realizing the extraordinary potential of this irreplaceable waterfront site.”

EDITION Residences, Miami Edgewater is planned as a 55-story luxury residential tower bringing modern waterfront living to one of Miami’s fastest-growing neighborhoods. The development will prioritize privacy and hospitality-led services designed to elevate today’s standards of residential living, marking the next chapter for a site long recognized for its redevelopment potential.

While litigation was ongoing, Two Roads Development continued to achieve milestones on other projects across its national portfolio including Four Seasons Private Residences Las Vegas, Pendry Residences Tampa, The Standard Residences Brickell and The Ocean Club, Four Seasons Residences, Bahamas, further demonstrating the company's growth and reputation as a best-in-class residential developer.

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Two Roads Development Reveals Lavish $10 Million Sales Gallery For EDITION Residences, Miami Edgewater

Following the launch of sales late last year, Two Road Development has revealed the lavish, $10 million state-of-the-art sales gallery for EDITION Residences, Miami Edgewater, the global hotel brand’s first independent collection of fully serviced luxury condominium residences. The unique space will provide future homebuyers with an immersive experience into the quality of design, lifestyle, services, and amenities signature to EDITION that the project will bring to Miami’s Edgewater neighborhood.

EDITION Residences, Miami Edgewater will be situated at 2121 North Bayshore Drive in the heart of Edgewater, one of Miami’s premier neighborhoods for luxury, waterfront high-rise living. The 55-story tower will boast more than 800 linear feet of bay frontage with 185 bespoke homes showcased in a sleek glass tower designed by visionary architect Bernardo Fort-Brescia, founder of Arquitectonica, with acclaimed interiors by Studio Munge led by Alessandro Munge.

Construction of EDITION Residences, Miami Edgewater is slated to begin in Summer 2023, with an estimated delivery timeframe of 36 months. The project’s sales team has secured more than $160 million in condo reservations and is expected to begin contract conversions over the next month.

On March 30, 2023, Two Roads Development, the developer of the EDITION Residences, Miami Edgewater, and Douglas Elliman Development Marketing, the project’s exclusive sales and marketing brokerage, celebrated the official opening of the sales gallery, located along the waterfront at 2060 North Bayshore Drive, Ste. B-101, just steps away from the EDITION Residences site. The lavish event was attended by many VIPs and A-listers, including City of Miami Mayor Francis Suarez and members of South Florida’s real estate elite. The one-of-a-kind affair featured a surprise performance by DJ Ruckus. Known for doing things a little differently, the evening ended with a captivating drone show, lighting up the Miami sky with dynamic visuals. Demonstrating how the EDITION Residences, Miami Edgewater will shape the Magic City’s distinct skyline, the display included an outline of the sleek glass tower.

The sales gallery leaves no detail unturned, featuring neutral-colored furnishings, luscious greenery, and architecturally unique accents throughout the space. A virtual reality room portrays the essence of indoor-outdoor living, boasting unobstructed views of Biscayne Bay, the Atlantic Ocean, Downtown Miami, and the Miami Beach skyline. To demonstrate the building’s expansive floorplans and state-of-the-art finishes, the sales center includes a replica of the master bathroom, kitchen, and living room.

“The EDITION Residences, Miami Edgewater offers a residential experience with the unmatched creativity, allure and expertise only the EDITION brand can deliver,” said developer Taylor Collins, Managing Partner of Two Roads Development. “With bold architectural details envisioned by Arquitectonica, the building itself is a work of art – and our sales gallery gives buyers a taste of what they can expect from their future homes in terms of the exceptional service, refined designed and one-of-kind lifestyle that awaits them.”

Impeccably finished residences will range from one-bedroom-plus-den to four-bedroom floorplans measuring between 1,952 and 3,864 square feet in size, priced from $1.9 million. Marking the pinnacle of luxury, the tower will also feature three expansive tri-level penthouses, each with private rooftop pools and gardens.

Exuding the same level of luxury of the famed hospitality brand, the EDITION Residences, Miami Edgewater will introduce over 45,000 square feet of expertly-thought-out amenity spaces where owners can live, work, play and entertain guests. Touted amenities include two resort-style pools, a club lounge, a library, private training studios, a rich spa program, and six Guest Suites.

Launch Event

Sales Gallery

Renderings

Images via World Red Eye

Two Roads Development Reveals Plans For EDITION Residences, Miami Edgewater

South Florida-based Two Roads Development has announced plans for EDITION Residences, Miami Edgewater, the brand’s first independent collection of fully serviced luxury condominium residences. Located at 2121 North Bayshore Drive in the heart of Edgewater, one of Miami’s premier neighborhoods for luxury high-rise living, the 55-story waterfront tower will offer more than 800 linear feet of bay frontage and uphold the quality of design, services, and amenities, signature to the EDITION brand. Soaring 649 feet high, The Residences will feature 185 bespoke homes showcased in a sleek glass tower designed by visionary architect Bernardo Fort-Brescia, founder of Arquitectonica, with acclaimed interiors by Studio Munge led by Alessandro Munge. Construction is slated to begin in Summer 2023, with an estimated delivery timeframe of 36 months.

Over the last decade, Two Roads Development has helped transform Miami’s Edgewater district into one of the city’s most sought-after residential neighborhoods. EDITION Residences, Miami Edgewater are poised to become the firm’s third development in Edgewater, following the successful sellout and delivery of two previously completed luxury condominium towers in the highly-desired waterfront enclave. Sales and marketing for EDITION Residences, Miami Edgewater is being exclusively represented by Douglas Elliman Development Marketing.

The tower’s impeccably finished residences will range from one-bedroom-plus-den to four-bedroom floorplans measuring between 1,952 and 3,864 square feet in size, priced from $1.7 million. Marking the pinnacle of luxury, the tower will also feature three expansive tri-level penthouses, each with private rooftop pools and gardens.

“We’re excited to partner with one of the world’s most renowned luxury and lifestyle brands to bring its first ground-up residences to life in Miami’s urban core,” said developer Taylor Collins, Managing Partner of Two Roads Development. “EDITION Residences, Miami Edgewater will set itself apart from anything else in the Miami market because of its product distinction, degree of sophistication, unique layouts and design, and unprecedented level of service, finishes, and pristine attention to detail.”

A heightened level of personalization, privacy, and comfort will offer residents a one-of-a-kind experience to leverage the expertise of EDITION to customize defining elements of their homes. Every residence will showcase a private foyer and elevator entry, superior finishes and fixtures, floor-to-ceiling glass windows and doors, between 10- and 14-foot-high ceilings, and custom European-style cabinetry. Designed for indoor-outdoor living, spacious terraces will boast unobstructed views of Biscayne Bay, the Atlantic Ocean, Downtown Miami and the Miami Beach skyline.

A globally recognized design team, Studio Munge, curated a place-making aesthetic that draws inspiration from the brand’s sleek and modern aesthetic. The tower’s interiors will exude warmth and tranquility, marrying timeless sophistication with contemporary design for an effortless living experience with unrivaled service. Bernardo Fort-Brescia’s architectural design for the tower responds to its waterfront location, revealing a crystalline moon-like glass prism that alludes to Biscayne Bay’s romantic moonlight, while floorplans reference the prows of sleek sailboats racing off Miami’s coastline. The property will also feature an array of secret gardens with lush greenery designed by global landscape architecture firm EDSA to capture the soft bay breeze and tranquility of a tropical oasis.

Deeply rooted in hospitality, the residential development will introduce over 45,000 square feet of expertly-thought-out amenity spaces managed and operated by EDITION. Aimed to incite wellness and relaxation, The Residences will feature two resort style pools equipped with private cabanas as well as a state-of-the-art fitness facility with private training studios, areas for yoga and spinning, and a rich spa program.

Residents can live, work, play and entertain guests comfortably at the tower’s club lounge, library, private screening room, dog spa and park, children’s play area, and kids club. For a heightened level of convenience while hosting guests, the property will also boast six Guest Suites which can be reserved by residents.

Additional perks give jetsetter residents access to exclusive privileges across the world’s most iconic destinations, including VIP status and preferred rates at hotels within Marriott International’s luxury portfolio of brands.

Situated along the bayfront just north of Downtown Miami, nestled between the Venetian and Julia Tuttle Causeways – the two main arteries connecting the City of Miami and Miami Beach – Edgewater has fast-emerged as the new epicenter of Miami. The EDITION Residences, Miami Edgewater is minutes away from six coveted Michelin star restaurants, luxury retailers, live entertainment venues and world-class arts, adjacent to bustling enclaves like Downtown’s Arts & Entertainment District, Miami Design District, Wynwood Arts District, Midtown Miami, and Miami Beach. As part of a city-wide initiative aimed to connect Miami’s waterfront neighborhoods, residents will also have direct access to the Miami Baywalk, a 5-mile-long pedestrian and bicycle-friendly promenade with public art, connecting Biscayne Bay, Edgewater, Brickell Key and Brickell Bay Drive in Downtown’s Financial District.

"From New York and Boston to LA and Florida, we have seen strong demand among discerning buyers for the truly bespoke luxury they can find at branded residences like EDITION,” said Jay Phillip Parker, CEO of Douglas Elliman, Florida and President of Douglas Elliman Development Marketing, Florida, which is leading sales and marketing for the project. “It has been our privilege to partner with Two Roads Development and the EDITION brand to ensure this level of luxury and service will be front and center in this vital neighborhood development project.”

The EDITION Residences, Miami Edgewater Sales Gallery is expected to open in late 2022 at 2060 North Bayshore Drive, Ste. B-101.

The EDITION Residences, Miami Edgewater are not owned, developed or sold by Marriott International, Inc. or its affiliates (“Marriott”). Two Roads Development uses the EDITION marks under a license from Marriott.