MIAMI | EDITION Residences | 649 FT x3 | 55 + ? + ? FLOORS

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Two Roads Reaches Settlement With Biscayne 21 Owners, Clearing Path For 649-Foot EDITION Residences In Edgewater

Two Roads Development has reached and fully funded a settlement with the remaining owners of Biscayne 21, resolving years of litigation surrounding the waterfront condominium property at 2121 North Bayshore Drive in Miami’s Edgewater neighborhood and clearing a major hurdle for the planned EDITION Residences, Miami Edgewater. Designed by Bernardo Fort-Brescia of Arquitectonica, the proposed 55-story tower will rise 649 feet and contain 185 condominium residences, with interiors by Studio Munge.

The dispute centered on the termination of the Biscayne 21 condominium association. The building’s declaration required unanimous approval from unit owners to terminate the condominium, while an amendment subsequently reduced that threshold to 80 percent. A group of remaining owners challenged the termination in court in 2023.

In July 2025, Florida’s Third District Court of Appeal ruled in favor of the owners, finding that the amendment could not be used to eliminate their existing voting rights. The Florida Supreme Court later declined to hear Two Roads’ challenge to that ruling. Earlier this year, a Miami-Dade Circuit Court judge ordered the developer and related entities to restore portions of the building and plaintiffs’ units that had been affected by demolition work undertaken during the litigation.

The newly reached settlement resolves the remaining litigation, with the owners agreeing to sell their units to Two Roads. Financial terms were not disclosed in the developer’s announcement, although Bisnow reported that the settlement totaled approximately $50 million.