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.

Past PROFILEmiami articles about Edition Residences, Miami Edgewater:

For more information about Edition Residences, Miami Edgewater or to inquire about purchasing a unit please fill out the form below:

Prosper Group and Versluys Group Close On Brickell Waterfront Land Assemblage For $50 Million, Set To Move Forward With $650 Million Luxury Development

A joint venture between Miami-based development company Prosper Group, led by CEO Jay Roberts, and Belgium’s Versluys Group, one of Europe’s leading luxury property developers, led by CEO Bart Versluys, have closed on a three-parcel assemblage for $50 million. Miami-based Vaster provided a $30.5 million acquisition loan.

The assemblage is located at 66 SW 6th Street, 625 SW 1st Avenue, and includes a riverfront parcel that was previous part of 99 SW 7th Street that has yet to be assigned an address. The one-acre assemblage will pave the way for an upcoming ultra-luxury $650 million waterfront residential tower on the Miami River in Brickell. The off-market site was acquired from Two Roads Development and Newgard Development Group.

The closing follows Prosper Group's partnership announcement with Versluys Group to deliver a $650 million, 60-story tower, which will feature 181 residences and more than 300 feet of direct river frontage.

“We are one step closer to bringing our vision for this development to fruition,” said Jay Roberts, CEO of Prosper Group. “With their deep local roots in Miami and exceptional agility, Vaster proved to be the ideal partner, ensuring a completely seamless execution for this transaction. Prosper Group and Versluys Group look forward to unveiling more about our project on one of the last waterfront sites in Brickell, Miami’s financial district and urban core."

“This closing marks a defining milestone for Versluys Group as we bring our European heritage of craftsmanship to Miami's waterfront," said Bart Versluys, CEO of Versluys Group. "For over a century, we have shaped the Belgian and Dutch coastline with architecture built for generations and we bring that same discipline to the Miami River. Alongside Prosper Group, we will craft world-class residences that embody a unique combination of American ambition and vision with European finesse and style."

Situated directly on the Miami River, the development will offer immediate access to Brickell’s urban core, including the dining, retail, and entertainment at Brickell City Centre. Waterfront access will provide direct connectivity to Biscayne Bay and Miami’s broader boating network, while proximity to I-95, Miami International Airport, and Brightline will connect residents to destinations across South Florida and beyond.

Images via Prosper Group and Versluys Group

Past PROFILEmiami articles about 66 SW 6th Street:

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Wellness and Longevity-Inspired Crown Jewel Penthouse at Rivage Bal Harbour Revealed For $75 Million

A new, and final, oceanfront estate-style penthouse is up for grabs for $75 million at Rivage Bal Harbour, a 25-story, 56-residence tower developed by Related Group, Rockpoint, and Two Roads Development.

A standout feature is its dedicated "Longevity Suite"— an in-home wellness wing anchored by an “Ammortal Chamber” and hyperbaric chamber, alongside a sauna, steam room, circadian lighting throughout the residence, advanced air and water purification systems, sleep-optimized bedrooms and more.

The Ammortal Chamber is already used by organizations like the Denver Broncos and hospitality brands including Proper Hotels. It combines red-light therapy, PEMF, molecular hydrogen and guided meditation into a single session designed to support recovery, reduce stress and promote overall vitality. Paired with the hyperbaric chamber, the home offers the kind of recovery and longevity setup that's typically only found in specialized wellness clinics.

The residence itself spans more than 10,000 air-conditioned square feet with five bedrooms, six bathrooms and three powder rooms across Rivage's top floors, boasting matching terraces overlooking the Atlantic, Biscayne Bay and the Miami skyline. There's another 10,000+ square feet of private outdoor space, including an oceanfront plunge pool, hot and cold tubs, outdoor kitchens and multiple entertaining areas.

As the first new ultra-luxury condo tower in the exclusive Village of Bal Harbour in more than a decade, Rivage is nestled between the Intracoastal Waterway and 200 feet of uninterrupted oceanfront, immersing residents in Miami Beach’s breathtaking natural beauty. Comprising just 56 sky villas, the boutique condominium features world-class designs by the award-winning architects Skidmore, Owings & Merrill (SOM) and interior design firm Rottet Studio. Each residence reflects organic influences, with open-concept layouts that flow seamlessly into expansive living areas and oversized terraces with unobstructed views of the Atlantic Ocean and Biscayne Bay. Designed to provide a single-family home experience, the residences start from 3,300 and include both in-unit elevator access and private parking garages. Sales and marketing for Rivage Bal Harbour is exclusively overseen by Douglas Elliman Development Marketing (DEDM).

A focus on wellness connects the more than 25,000 square feet of on-site amenities, including a state-of-the-art fitness pavilion with panoramic views; a hammam spa complete with hot/cold plunge pools and private treatment rooms; and pickle and paddle ball courts surrounded by lush landscapes designed by Swiss design firm Enea Landscape. Residents and guests can also unwind with relaxed options, from private, chef-driven food and a cocktail lounge to a VR game simulator and a kids' playroom. Resort-style services, including a 24/7 residential butler and dedicated lifestyle concierge, round out the package and ensure all residents’ needs are met.

The Village of Bal Harbour has been an enclave for the elite since its establishment in 1929. Located between iconic South Beach and Sunny Isles, the waterfront community has long been a favorite for snowbirds, offering easy access to the world-famous Bal Harbour Shops as well as the very best of South Florida.

Renderings via visualisation.one

Past PROFILEmiami articles about Rivage Bal Harbour:

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Newgard Group and Two Roads Development Mark Major Construction Milestone at One Brickell Riverfront With Installation of Architectural Crowns

The two residential towers rising at One Brickell Riverfront commemorated another landmark moment in their construction with the installation of architectural crowns atop both LOFTY Brickell at 44 stories and The Standard Residences, Brickell at 46 stories. With this milestone, both towers now reach their full architectural heights, and their distinctive silhouettes are beginning to redefine the Brickell skyline.

The crown is more than a finishing touch. It is the moment a tower stops resembling a construction site and starts looking like a landmark. The crowns of both towers serve a functional purpose while completing the bold visual statement that architect Arquitectonica envisioned from the very beginning.

Both towers are now visible throughout Brickell, Downtown Miami, and along the Miami River - permanent additions to one of the most dynamic skylines in the U.S.

“For buyers who first fell in love with the project through renderings, seeing the crowns in place marks the moment their dream becomes an undeniable reality,” said Harvey Hernandez, CEO of Newgard Group. “What started on paper is now a full-scale landmark, and we could not be prouder of the team that made it happen.”

“The crown milestone signals to the market, and our buyers, that the finish line is well within sight,” said Brad Meltzer, Partner and President of Two Roads Development. “One Brickell Riverfront is becoming exactly what we promised - a defining piece of Miami's riverfront and new standard for urban residential living.”

General contractor G.T. McDonald topped off the building in January 2026. Construction on both towers continues ahead of schedule, with delivery targeted for August 2027. The crown completion marks the transition into enhancing the building’s exterior aesthetics and interior finishing work across both buildings.

LOFTY Brickell is a 44-story tower featuring 362 fully furnished studios, one- and two-bedroom residences and penthouses, with interiors by INC. Its 40,000 square feet of amenities include a private marina, resort-style pool deck, fitness center, spa, cigar lounge and co-working spaces. New York City-based AVRA Estiatorio will bring its acclaimed Coastal Greek dining experience to LOFTY's ground floor, with waterfront views of the Miami River.

Just seven penthouse residences remain available, with prices ranging from $2.4 to $3.5 million. LOFTY’s flexible ownership model allows owners the ability to rent out their residences on their own terms. Cervera Real Estate is the exclusive sales and marketing partner.

The Standard Residences, Brickell rises 46 stories and offers 422 fully furnished studios, one- and two-bedroom residences with interiors by GOODRICH, priced from the mid $600,000s. Multi-level amenities include a rooftop pool, The Standard Club Lounge and Café, co-working spaces, a 10th-floor spa with Hammam, saunas and cold plunge, bowling alley and lounge, pet spa, screening room and signature dining. ONE Sotheby's International Realty is leading sales.

One Brickell Riverfront is located at 99 SW Seventh Street, along the northwest corner of Brickell City Centre. The project closed $513 million in construction financing in late 2025 - one of the largest residential construction loans in South Florida last year. An undisclosed private lender provided $370 million in senior financing while 3650 Capital originated a $143 million mezzanine loan.

Newgard Group and Two Roads Development formed their strategic partnership in November 2024 to transform one of Brickell's last undeveloped riverfront sites into a vibrant, integrated residential destination.

Past PROFILEmiami articles about One Brickell Riverfront, LOFTY Brickell / The Standard Residences, Brickell:

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When Preservation Becomes Paralysis: A Missed Moment for Miami’s Waterfront, Impact of The Legal Saga at EDITION Residences, Miami Edgewater

Miami’s growth has never been accidental. It has been shaped by cycles of reinvestment, redevelopment, and adaptation to new safety standards, housing needs, and economic realities. The recent court ruling requiring the restoration of the aging Biscayne 21 condominium in Edgewater, rather than allowing its redevelopment into the planned EDITION Residences Miami Edgewater, represents a rare moment where that forward momentum has been halted — not by market forces or public opposition, but by a legal technicality benefiting a very small minority of owners.

At the center of the dispute are eight remaining unit owners who successfully argued that the condominium declaration required unanimous consent to terminate the building. While the ruling may be legally correct under the original bylaws, it raises broader questions about how cities balance individual property rights against collective urban outcomes. The Biscayne 21 building, constructed in 1964, no longer reflects modern expectations for safety, resilience, or housing quality — concerns that carry additional weight in a post-Surfside environment where the risks of aging coastal structures are no longer theoretical.

The economic implications of the decision extend well beyond the property itself. The proposed EDITION Residences, Miami Edgewater would have generated substantial new tax revenue for the City of Miami through significantly higher assessed values, directly benefiting public services, infrastructure, and long-term capital planning. In addition, the development would have activated a multi-year construction cycle, supporting hundreds of jobs across construction trades, engineering, architecture, and professional services — many of which are local and unionized.

Instead, the city is left with a deteriorating waterfront asset that produces comparatively minimal tax income while requiring extensive ongoing maintenance and oversight. The opportunity cost is material: forgone permit fees, impact fees, property tax growth, sales taxes tied to construction and furnishing, and long-term recurring revenue from higher-value ownership. These are not abstract losses — they directly affect the city’s ability to fund resilience projects, transit improvements, public safety, and housing initiatives that benefit residents across income levels.

There is also a broader signal sent to the market. When large-scale redevelopment can be indefinitely stalled by a small number of holdouts, it introduces uncertainty for lenders, institutional investors, and development partners evaluating future projects in Miami. That uncertainty carries consequences: higher financing costs, more conservative underwriting, and reduced willingness to pursue transformative projects within the city limits. Over time, these conditions can slow reinvestment, suppress job creation, and push capital toward competing markets with clearer redevelopment pathways.

There is also a practical reality that remains largely unaddressed. With the majority of units already controlled by the developer, the building’s future as a functional residential community is uncertain at best. Even if restored to a technically habitable condition, it is unlikely to return to anything resembling its former vitality. What remains may be less a home than a hollowed structure — preserved in form, but stripped of economic and social purpose.

This outcome does not suggest that redevelopment efforts were flawless. The attempted amendment of the condominium bylaws without securing full consensus created the legal vulnerability that led to this result. However, the ruling also highlights a structural issue in Florida condominium law: a framework that can allow a small number of owners to indefinitely prevent reinvestment, even when the overwhelming majority — and the city itself — stand to benefit.

Miami is a city defined by evolution. When legal rigidity prevents that evolution, the cost is not borne by developers alone, but by residents, workers, and the municipal economy as a whole. The Biscayne 21 decision may preserve a building, but it does so at the expense of progress — limiting housing modernization, suppressing tax growth, and constraining the city’s ability to reinvest in itself. It invites a larger conversation about whether existing rules truly serve the long-term interests of Miami and its residents, or whether they unintentionally reward stagnation over responsible urban renewal.

Past PROFILE Articles about EDITION Residences, Miami Edgewater

Rendering via EDITION Residences, Miami Edgewater

Newgard Group and Two Roads Secure $513 Million in Construction Financing for One Brickell Riverfront in Miami

Newgard Group and Two Roads Development closed on $513 million in construction financing for their One Brickell Riverfront project in Miami’s financial district, making it one of the largest residential construction loans in the South Florida market this year. The development includes LOFTY Brickell and The Standard Residences, Brickell condominium towers where construction is months ahead of schedule on the Miami River.

An undisclosed private lender provided $370 million in senior financing while 3650 Capital originated a $143 million mezzanine loan.

Located at 99 SW Seventh St. next to Brickell City Centre, the master-planned development features two high-rise condominium towers rising from a shared podium. LOFTY Brickell is a 44-story tower with 362 residences, while The Standard Residences, Brickell will stand 46 stories and include 422 residences.

Construction is more than halfway complete, with both towers expected to deliver months ahead of their targeted August 2027 completion. G.T. McDonald is the project’s general contractor.

“This financing reinforces the market’s confidence in the strength of our vision for One Brickell Riverfront,” said Harvey Hernandez, CEO of Newgard Group. “Together with Two Roads, we are creating a destination that combines world-class design, unmatched amenities, and the flexibility today’s buyers demand.”

Hernandez continued: “3650 Capital has been instrumental to the success of this extraordinary project, having supported us since the initial acquisition of the property. We are thrilled to continue to grow our relationship with the firm, who has helped finance several of our new condominium developments in the past.”

“Brickell is one of the most dynamic urban neighborhoods in the country, and this project reflects our shared commitment to delivering best-in-class residential experiences,” said Taylor Collins, Managing Partner of Two Roads Development. “Securing this loan is another important milestone as we move quickly toward topping off early next year.”

Newgard and Two Roads formed a strategic partnership in November 2024 to transform one of Brickell’s last undeveloped riverfront sites into a vibrant, integrated community.

“One Brickell Riverfront is poised to bring highly desirable luxury condominiums with two distinct concepts to Miami’s financial district,” said Jonathan Roth, Co-Founder and Managing Partner of 3650 Capital. “The successful closing of this transaction speaks to 3650’s local market expertise, special servicing function and ability to help our borrowers from site assemblage through construction and sellout—core tenets of our capabilities that enable us to generate strong investor returns. The sponsors have robust track records of developing high-end residential projects, and we’re pleased to have helped them navigate the complexities of the project, which we believe is situated in one of the most attractive locations in all of Florida.”

Designed by Arquitectonica, LOFTY Brickell features studios and one- and two-bedroom residences and penthouses furnished by INC. Its 40,000 square feet of amenities include a private marina, resort-style pool deck, fitness center, spa, cigar lounge and co-working spaces. The highly acclaimed New York City-based restaurant AVRA Estiatorio will open a location on LOFTY’s ground floor, providing owners and guests with an elevated Coastal Greek dining experience with waterfront views.

A limited number of penthouse residences remain available for sale with prices ranging from $2.4 to $3.5 million. The building has proven to be very attractive to individuals seeking a 5-star lifestyle in Miami’s urban core. Another strong attraction is LOFTY’s flexible ownership model allowing owners the ability to rent out their units on their own terms.

The Standard Residences, Brickell, designed by Arquitectonica with interiors by GOOD.RICH, offers 422 homes including studios, one-bedrooms and two-bedrooms. Prices start in the mid $600s.

Multi-level amenities include a rooftop pool with beverage and towel service, The Standard Club Lounge and Café, co-working spaces, and a 10th-floor spa with Hammam, saunas and a cold plunge. Additional offerings include a fitness center, bowling alley and lounge, pet spa and screening room, along with signature dining on the ninth floor and a riverfront restaurant at street level. Sales are being led by ONE Sotheby’s International Realty.

For more information about LOFTY Brickell / The Standard Residences, Brickell or to inquire about purchasing a unit please fill out the form below:

The Standard Residences, Brickell Reveals New Renderings of Penthouses

The Standard Residences, Brickell has revealed new renderings highlight the building’s 32 penthouses, including eight upper penthouses with 10-foot ceilings and panoramic skyline and water views. True to The Standard’s DNA, the design brings a laid-back, social energy to vertical living, paired with 34,000 square feet of amenities from a rooftop pool and bar to co-working spaces and a spa, with easy access to Miami’s Underline and Brickell City Center shopping.

The Standard Residences, Brickell - Being co-developed by Two Roads Development and  Newgard Development Group , in partnership with Standard Hotels, The Standard Residences, Brickell marks the second only standalone residence for the brand. Located at 690 SW 1st Avenue, the 46-story luxury development will offer 422 residences ranging in size from 500-square-foot studios to 1,100-square-foot two-bedroom residences.

Centrally located and situated in a secluded residential corner of Brickell by the river, the dynamic community offers shopping, dining, culture and entertainment given its proximity to Brickell City Centre. What’s more, residents will have a range of amenities including the 46th floor rooftop pool with beverage service, towel service and sun-care kiosk, private dining summer kitchens, the Standard Club Lounge and Café and a co-working lounge with meeting and Zoom rooms. In addition to the rooftop, residents will have access to the 10th floor amenities including a spa with sunset infinity plunge pools, hammam, saunas, cold plunge and more; along with a fitness room, yoga/Pilates/dance flex space, bowling alley and lounge, pet spa and screening room. A key pillar for the residents will be the exceptional food + beverage offering including a signature restaurant and bar on the 9th  floor and Avra Estiatorio on the ground floor.

For more information about The Standard Residences, Brickell or to inquire about purchasing a unit please fill out the form below:

Rivage Bal Harbour Reveals Its $75 Million 'Mansion in the Sky' Penthouse Collection

Real estate developers Related Group, Rockpoint and Two Roads Development have revealed the ultra-luxury penthouse collection at Rivage Residences Bal Harbour, the first new residential development in over a decade in the exclusive Bal Harbour enclave of Miami Beach.

The three penthouses, priced between $40 million to $75 million, offer a truly opulent living experience, often referred to as a "mansion in the sky." The Ocean Penthouse, spanning over 19,000 square feet and priced at $75 million, boasts breathtaking views of the Biscayne Bay, Miami skyline, and the Atlantic Ocean. The Bay Penthouse, 16,130 square feet for $60 million, offers similarly stunning vistas. The Lower Penthouse, 9,015 square feet for $40 million, also provides a luxurious living space.

These upper penthouses occupy floors 22-25 and feature expansive terraces spanning over 6,000 square feet. These outdoor spaces come equipped with private pools, open-air kitchens, fire pits, and multiple lounge and dining areas for an alfresco-inspired living experience. Additionally, residents will have access to private fitness studios and elevators.

Designed by the renowned architectural firm Skidmore, Owings & Merrill (SOM) in a tropical modernist style, the penthouses at Rivage Residences Bal Harbour offer unmatched luxury living. Residents will also be able to enjoy a myriad of amenities at Rivage, including pools for sunrise and sunset, a fitness center, spa facilities, cabanas, pickleball and padel courts, a theater, business center, library, cocktail lounge, exclusive dining options, dog park, VR golf simulator, and children's playroom.

The unveiling of these penthouses has created quite a buzz in the real estate market, attracting attention from affluent buyers looking for a luxurious and exclusive living experience in Miami Beach's coveted Bal Harbour enclave. With its prime location, stunning views, and unparalleled amenities, Rivage Residences Bal Harbour has truly set a new standard for luxury living in the area.

Renderings via MetaOriginal

For more information about Rivage Residences Bal Harbour or to inquire about purchasing a unit please fill out the form below:

Related Group, Rockpoint and Two Roads Development Secure $424 Million Construction Loan For Rivage Residences Bay Harbour

Related Group (Related), Rockpoint, and Two Roads Development have closed on $424 million in financing for the construction of Rivage Residences Bal Harbour (Rivage). The loan was provided by TYKO Capital, a multi-billion-dollar commercial real estate investment management platform led by Adi Chugh.

As the first new ultra-luxury condo tower in the exclusive Village of Bal Harbour in more than a decade, Rivage has seen robust demand since its unveiling in January of 2023. The strong sales pace has resulted in more than $100 million in sales over the last 60 days. Construction began in September 2024, with delivery expected for 2027.

“We envisioned Rivage as an unparalleled jewel of luxury and service, surpassing even the most prestigious residential offerings in this iconic community,” said Nick Pérez, President of Condominium Development at Related. “With TYKO’s invaluable support, we are poised to bring that vision to life, once again setting a new standard in one of the world’s most competitive real estate markets.”

“We welcome the opportunity to have the TYKO team work alongside Related, Rockpoint and Two Roads to bring Rivage to Bal Harbour,” said Dan Domb, Managing Member at Rockpoint. “With construction and sales both well underway, we look forward to delivering this unique luxury residential property in the supply-constrained greater Miami market.”

Rivage is nestled between the Intracoastal Waterway and 200 feet of uninterrupted oceanfront, immersing residents in Miami Beach’s breathtaking natural beauty. Comprising just 56 sky villas, the boutique condominium features world-class designs by the award-winning architects Skidmore, Owings & Merrill (SOM) and interior design firm Rottet Studio. Each residence reflects organic influences, with open-concept layouts that flow seamlessly into expansive living areas and oversized terraces with unobstructed views of the Atlantic Ocean and Biscayne Bay. Designed to provide a single-family home experience, the residences range from 3,300 to nearly 13,000 square feet and include both in-unit elevator access and private parking garages. Sales and marketing for Rivage Bal Harbour is exclusively overseen by Douglas Elliman Development Marketing (DEDM).

A focus on wellness connects the more than 25,000 square feet of on-site amenities, including a state-of-the-art fitness pavilion with panoramic views; a hammam spa complete with hot/cold plunge pools and private treatment rooms; and pickle and paddle ball courts surrounded by lush landscapes designed by Swiss design firm Enea Landscape. Residents and guests can also unwind with relaxed options, from private, chef-driven food and a cocktail lounge to a VR game simulator and a kids' playroom. Resort-style services, including a 24/7 residential butler and dedicated lifestyle concierge, round out the package and ensure all residents’ needs are met.

“Rivage Bal Harbour is destined to become a landmark in luxury, a place where exceptional design and prime location meet,” said Taylor Collins, Managing Partner at Two Roads. “With this development, we’re raising the bar for what high-end living can be in South Florida, and we’re looking forward to delivering a property that residents will cherish and celebrate.”

“This relationship represents not just a financial backing, but a shared commitment to creating a residential experience that exceeds even the highest standards,” says Adi Chugh, Founder and CEO of TYKO Capital. “It’s a pleasure to join such an exceptional project team. We’re excited to bring this once-in-a-lifetime development to life and to witness how it will elevate Bal Harbour to even greater prestige.”

The Village of Bal Harbour has been an enclave for the elite since its establishment in 1929. Located between iconic South Beach and Sunny Isles, the waterfront community has long been a favorite for snowbirds, offering easy access to the world-famous Bal Harbour Shops as well as the very best of South Florida.

Renderings via ARX Creative

For more information about Rivage Bal Harbour or to inquire about purchasing a unit please fill out the form below:

Construction Begins on Ultra-Luxury Rivage Bal Harbour Condominium Development

Construction has officially begun on Rivage Bal Harbour, a new ultra-luxury condominium project located in one of South Florida’s most exclusive communities. The project is a collaboration between Related Group, Rockpoint, and Two Roads Development, with architecture by the renowned firm Skidmore, Owings & Merrill (SOM) and interiors designed by Rottet Studio.

Set between the Intracoastal Waterway and 200 feet of oceanfront, the development will offer 56 high-end residences, designed to blend modern luxury with South Florida’s natural beauty. The homes, referred to as “sky villas,” will range from 3,300 to nearly 13,000 square feet, providing features akin to a single-family home, including in-unit elevator access and private parking garages. Each residence will also have expansive terraces offering direct views of the ocean and Biscayne Bay.

The design incorporates open-concept floor plans, with custom kitchens featuring Sub-Zero and Wolf appliances and high-end Italian finishes in bathrooms and closets. The development aims to appeal to luxury buyers seeking an elevated living experience in Bal Harbour, a community known for its exclusivity and proximity to the Bal Harbour Shops.

Amenities at Rivage are extensive, with over 25,000 square feet dedicated to wellness and recreation. These include a fitness pavilion, hammam spa with hot/cold plunge pools, private treatment rooms, and outdoor pickle and paddle ball courts. For more relaxed pursuits, residents will have access to private dining services, a cocktail lounge, a VR game simulator, and a kids’ playroom. In addition, resort-style services such as a 24/7 residential butler and concierge will be available.

The project is expected to be completed in 2027, with construction managed by Coastal Construction Group. According to the development team, Rivage aims to offer an exclusive residential option in the supply-constrained Miami market, meeting growing demand for high-end properties in the region.

Douglas Elliman Development Marketing (DEDM) is handling the sales for Rivage Bal Harbour, which is positioned to attract buyers seeking luxury living in one of South Florida’s most sought-after locales.

“Bal Harbour is undeniably one of South Florida’s most iconic neighborhoods, and this property will raise its profile even higher,” said Jon Paul Pérez, Related’s President. “With a once-in-a-generation location, stunning design and five-star service, Rivage offers a rare opportunity for the world’s most elite buyers. We are proud to begin construction on a property that not only honors Bal Harbour’s glamorous history but also delivers an unparalleled living experience.”

Since its founding in 1929, Bal Harbour has been a favored destination for affluent residents and visitors, offering close proximity to Miami Beach’s cultural landmarks while maintaining a reputation for privacy and exclusivity.