Settlement Clears Path for EDITION Residences in Edgewater
A legal settlement with the owners of Biscayne 21 allows Two Roads Development to proceed with the 55-story EDITION Residences project in Edgewater.
Legal Settlement Moves Project Forward
Two Roads Development has reached a settlement with the remaining owners of Biscayne 21 to proceed with the construction of EDITION Residences. According to Florida YIMBY, the settlement—reported to be approximately $50 million—removes the legal hurdles that previously stalled the redevelopment of the site at 2121 North Bayshore Drive in Edgewater.
Project Specifications
The planned 55-story tower will reach a height of 649 feet. The development is set to include 185 condominium residences, featuring a variety of layouts from one-bedroom-plus-den units to four-bedroom homes and three tri-level penthouses.
Architect Bernardo Fort-Brescia of Arquitectonica is the designated architect for the tower, while Studio Munge, led by Alessandro Munge, is responsible for the interior design. The residential component of the project is scheduled to be managed and operated by EDITION Hotels.
Location and Amenities
The site is positioned with more than 800 linear feet of waterfront frontage. The project is designed to provide a connection to the Miami Baywalk and Margaret Pace Park.
Local Market Context
For those looking at the Edgewater market, the area currently has 330 active condo listings with a median asking price of $944,500 ($855/sq ft). The median asking price per square foot in the neighborhood remained steady at $855/sq ft between August and September 2026.
Nearby options in the adjacent Brickell area offer varying price points and layouts. For example, Brickell House has a median asking price of $914/sq ft, while Bayshore Place is listed at a median of $497/sq ft. Other nearby options include Jade Brickell at $1,089/sq ft and Echo Brickell at $1,132/sq ft. Further toward the waterfront, Sail has a median asking price of $547/sq ft, while Four Seasons Residences Miami is listed at a median of $1,260/sq ft.
Sources
Florida YIMBY: https://floridayimby.com/2026/09/two-roads-reaches-settlement-with-biscayne-21-owners-clearing-path-for-649-foot-edition-residences-in-edgewater.html
Frequently asked questions
How many units and what types of residences will be in the EDITION tower?+
The tower will include 185 condominium residences. Layouts range from one-bedroom-plus-den units to four-bedroom homes and three tri-level penthouses.
What are the dimensions and height of the EDITION Residences project?+
The planned 55-story tower will reach a height of 649 feet. The site features more than 800 linear feet of waterfront frontage.
Where is the EDITION Residences project located?+
The project is located at 2121 North Bayshore Drive in Edgewater. It is designed to provide a connection to the Miami Baywalk and Margaret Pace Park.
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