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

EDITION Residences Fort Lauderdale Reveals First Look At Interiors Designed By Clodagh

Location Ventures has revealed a first look at the interiors for EDITION Residences Fort Lauderdale, designed by internationally recognized designer Clodagh. Inspired by its serene waterfront setting, the 11-story, two-tower marvel presents airy, refined residences that unite modern sophistication with understated elegance to deliver a new kind of highly intuitive luxury. Located along Fort Lauderdale Beach’s Intracoastal Waterway at 551 Bayshore Drive, the project broke ground last month and has begun converting reservations to contracts.

Cultivated interiors cast in a neutral palette and varied textures exude warmth and comfort. Featuring 65 spacious residences, floor plans offer two, three and four bedrooms and range in size from 1,710 to 4,660 square feet. There is also a limited collection of nine villas and four penthouses.

As each EDITION property is designed with its locale in mind, Fort Lauderdale Beach’s natural scenery and tranquil way of life inspired Clodagh’s designs for the interiors, which celebrate water and the changing sky. Incorporating elements of nature, custom wood millwork brings warmth and luxurious livability.

Gourmet kitchens designed by ITALKRAFT will blend quality Italian craftsmanship with functionality, offering quartz countertops, custom built-ins, vertical pantries and ample storage. Fluted oak wood at the base of the kitchen island adds visual intrigue and effortless style. Premium Sub-Zero and Wolf appliances, such as induction cooktops, steam ovens and wine coolers, will pepper the space, while outdoor entertaining is made easy with a summer kitchen equipped with an electric grill and beverage center. The master bathroom will be a personal oasis with luxurious fixtures and a modern freestanding tub. Upgrade options include access to a private enclosed two-car garage, private cabanas and more storage.

“There is overwhelming demand for hotel-branded residences because of the world class service and unrivaled lifestyle they provide, and EDITION embodies that,” said Rishi Kapoor, CEO of Location Ventures. “EDITION Residences Fort Lauderdale will exceed discerning buyers’ expectations and bring a level of design that will have a lasting impact on the city for years to come.”

Residences will feature floor-to-ceiling windows and sliding doors that open to expansive private terraces. Glass railings will provide unobstructed views of the Atlantic Ocean, Intracoastal Waterway or the vibrant Fort Lauderdale skyline. Exquisite interior finishes will shine light upon the finest materials imported from Europe, including solid wood doors, large format limestone flooring and custom cabinetry.

Equally distinguished is the property’s architecture, designed by renowned firm garciastromberg to emulate the rhythm of the city and the Intracoastal Waterway with dynamic glass facades.

EDITION Residences Fort Lauderdale will present an upscale, yet laid-back ambience through all facets. As part of the privilege of ownership, owners have access to EDITION's global locations as well as preferred perks in Marriott's luxury portfolio, which includes other flagships such as the Ritz Carlton, W Hotels and St. Regis.

With exclusive representation by Douglas Elliman Development Marketing, pricing for EDITION Residences Fort Lauderdale begins at $3 million.

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EDITION Hotels And Location Ventures Break Ground On EDITION Residences Fort Lauderdale

Miami-based real estate investment firm Location Ventures and Marriott International’s EDITION Hotels has broken ground on EDITION Residences Fort Lauderdale. The milestone signifies the launch of construction for the first luxury branded residences on the city’s Intracoastal that will feature two 11-story towers with 65 spacious condominiums.

On Feb. 9, Location Ventures, Marriott representatives, city officials, development partners and friends gathered at the property’s exclusive address of 551 Bayshore Drive in Fort Lauderdale’s burgeoning North Beach Village to celebrate the occasion. Honorary guests included Fort Lauderdale Mayor Dean Trantalis and Commissioner Steve Glassman, along with Sheila Farahpour, Vice President of Luxury and Mixed-Use Development at Marriott International, and Jay Parker, CEO of Douglas Elliman Florida.

As a twist to the traditional groundbreaking event, attendees received individually sized champagne bottles to pop during the ceremony – a nod to the EDITION brand’s signature style of fusing modern sophistication and culturally-inspired creativity. Cocktails and canapés added to the festivities, while a vibrant sunset over the waterway highlighted the serene views that will be enjoyed by future homeowners.

“North Beach Village in Fort Lauderdale has seen tremendous growth and change over the last few years,” said Rishi Kapoor, CEO of Location Ventures. “There is excitement and demand for the local, combined with the incomparable experiences and quality of the EDITION brand, and we are thrilled to break ground on this exceptional site.”

Fort Lauderdale has emerged from the shadows of its well-known neighbors: Miami and Palm Beach. The “Venice of America” has welcomed an influx of residents flocking to the city for its high-end restaurants, new luxury developments, cultural offerings, and relaxed ambiance. The interest is evident in the sales of the EDITION Residences Fort Lauderdale. With exclusive representation by Douglas Elliman Development Marketing, the project was introduced to market in October 2022.

EDITION Residences Fort Lauderdale will continue to raise the bar in the area as it attracts discerning home buyers both nationally and internationally who seek upscale amenities paired with a laidback South Florida lifestyle. The towers will offer spacious residences with two-bedroom to four-bedroom floor plans, including nine villas and four penthouses, ranging from 1,710 to 4,660 square feet. Each home will offer opulently designed interiors, gourmet kitchens with premium appliances, and unparalleled views of the Atlantic Ocean and Intracoastal waterway from its floor-to-ceiling windows and expansive terraces.

Taking advantage of its lush surroundings, the property will provide residents with 20,000 square feet of outdoor amenities, including multiple wellness components like meditation walkways with meditation bowls, an edible garden, two pools, and an Intracoastal riverwalk that features dockage for small boats. A moonroof and a sunroof, featuring a movie screen, large fire pit, and an outdoor summer kitchen, will become ideal settings to mingle and unwind while enjoying unbeatable rooftop views. The property will also include a poolside grill and a Health & Wellness Center with dedicated areas for fitness and pampering, including a hammam and treatment rooms.

Designed by GarciaStromberg, the building’s glass façade emulates the movement of light reflecting from the waterfront. Internationally renowned interior designer Clodagh also embraces the natural characteristics of South Florida with neutrals punctuated by splashes of color and unique textures to celebrate the water and changing sky. Landscape design by Cadence captures the tropical essence of the area with its exuberant plants and tranquil energy.

EDITION Residences Fort Lauderdale is within walking distance to a plethora of leisure offerings, including the beach, culinary experiences, hotels and more. It is also in proximity to the famed Las Olas Boulevard’s retail and entertainment, museums and performing arts, and is just seven miles from Fort Lauderdale-Hollywood International Airport.

EDITION Hotels and Location Ventures Reveal EDITION Residences Fort Lauderdale On Florida's Intracoastal Waterway

The Miami-based Location Ventures and Marriott International’s EDITION Hotels have officially revealed and launched sales at EDITION Residences Fort Lauderdale. Known as “Venice of America,” Fort Lauderdale’s 300 miles of inland waterways are a flowing ribbon of serene intracoastal with a mosaic of grand estates and passing mega yachts. This experience is the quintessential lifestyle of this special locale, which has inspired the city’s first luxury branded residences on the intracoastal with the introduction of EDITION Residences Fort Lauderdale.

Located at 551 Bayshore Drive, the residences will meticulously unite modern sophistication with cultural artistry to deliver a new kind of highly intuitive luxury. Two 11-story towers with cascading facades will connect by a grand, double-height entrance with stunning views of its waterfront setting. High-speed elevators will whisk homeowners to 65 spacious residences, with two-bedroom to four-bedroom floor plans ranging between 1,710 to 4,660 square feet, along with nine villas and four penthouses.

The essence and originality of its surroundings capture EDITION Residences Fort Lauderdale’s upscale, yet laid-back ambience through all facets. Extraordinary design is apparent with stately architecture by GS4 Studios|Garcia Stromberg and sophisticated interiors by internationally-recognized Clodagh Design. Owners will also have exclusive access to EDITION’s premier hospitality offerings, such as dining, entertainment, and a curated program of world-class amenities, as well as exceptional walkability and connectivity of the central location in the “Yachting Capital of World.”

“Luxury living has a different meaning for today's affluent homeowner for which they seek cultural experiences, upscale concierge services and a breadth of lifestyle amenities at their fingertips,” said Rishi Kapoor, CEO of Location Ventures. “Fort Lauderdale is undergoing a renaissance that is drawing sophisticated dwellers from around the world, and EDITION is the ideal partner to fulfill their contemporary desire for authenticity, luxury and accessibility.”

Residences will feature floor-to-ceiling windows and sliding doors that open to expansive private terraces. Glass railings will offer unobstructed views of the Atlantic Ocean, vast intracoastal scenery or the vibrant Fort Lauderdale skyline. Exquisite interior finishes will shine light upon the finest materials imported from Europe, including solid wood doors, stone flooring and custom cabinetry.

Gourmet kitchens designed by ITALKRAFT will blend quality craftsmanship with functionality, including quartz countertops, custom built-ins, vertical pantries and ample storage. Premium Sub-Zero and Wolf appliances, such as induction cooktops, steam ovens and wine coolers, will pepper the space, while outdoor entertaining is made easy with a summer kitchen equipped with an electric grill and beverage center. The master bathroom will be a personal oasis with luxurious fixtures and a modern freestanding tub. Owners can also enjoy smart home capabilities and unique wellness features like circadian rhythm lighting in the primary bedroom. Upgrade options include access to a private enclosed two-car garage, private cabanas and more storage.

A dedicated valet and concierge will welcome residents’ home to resort-style living with an amenity program that leaves no stone unturned. Lush tropical landscaping by Cadence will envelop the property and its 20,000-square-feet of outdoor amenities, including paths leading to a relaxing outdoor meditation walkway with meditation bowls and an Intracoastal riverwalk complete with temporary dockage for small boats. A moonroof will become the ultimate nighttime retreat to wind down. In contrast, the sunroof will entertain with its multiple activity areas, including an outdoor summer kitchen, movie screen and large fire pit. An eat-in lounge with a gourmet kitchen will be host to socializing and private events, while those conducting business can work remotely with on-site conference and conversation rooms.

EDITION Residences Fort Lauderdale will boast two pools, including an oversized resort-style pool surrounded by relaxation sunbeds and private cabanas where residents can mingle while soaking up the South Florida sun. The property will also feature a Health & Wellness Center, where owners can focus on fitness and utilize designated areas for Pilates, Yoga, training and stretching. Those desiring moments for pampering can enjoy the Turkish style hammam and steam shower, in addition to treatment, movement and quiet rooms.

“The EDITION branded residences have attracted the most discerning of buyers from around the world who are seeking a truly bespoke luxury offering,” said Jay Phillip Parker, CEO of Douglas Elliman, Florida and President of Douglas Elliman Development Marketing, Florida. “We are thrilled to be working on our first project with Location Ventures which will be bringing the first branded residences to the Intracoastal in one of Florida’s most attractive luxury destinations.”

Long known for its mega yachts and 24 miles of golden beaches, Fort Lauderdale is currently undergoing a transformation as an international destination. The city is bustling with new chef-driven restaurants and luxury hotels, and its vibrant scene has become a magnet for new businesses and wealth migration.

“Fort Lauderdale has been quietly experiencing a renaissance over the past few years,” said Sheila Farahpour, VP, Luxury Brands & Mixed-Use Development, Marriott International. “A city that was once known as a vacation destination has morphed into one of the most attractive places to live in the U.S. with its renowned yachting, golden beaches, vibrant arts and culture scene, and recent influx of new businesses. Fort Lauderdale has emerged as a market of its own — and the EDITION Residences, Fort Lauderdale will be the perfect complement for Owners seeking a more laid-back luxury lifestyle."

EDITION Residences Fort Lauderdale is within walking distance to a plethora of leisure offerings, including the beach, culinary experiences, hotels and more. It is also in proximity to the famed Las Olas Boulevard’s retail and entertainment, museums and performing arts, and is just seven miles from Fort Lauderdale-Hollywood International Airport.

Douglas Elliman will exclusively oversee sales and marketing for EDITION Residences Fort Lauderdale where pricing begins at $3 million.