{"id":271252,"date":"2026-05-14T18:58:10","date_gmt":"2026-05-14T18:58:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/271252\/"},"modified":"2026-05-14T18:58:10","modified_gmt":"2026-05-14T18:58:10","slug":"edition-residences-miami-buyers-sues-two-roads","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/271252\/","title":{"rendered":"Edition Residences Miami Buyers Sues Two Roads"},"content":{"rendered":"

Three buyers are suing Two Roads Development to recover their deposits from the planned Edition Residences in Miami\u2019s Edgewater, where holdout owners of the existing Biscayne 21 building have worked for years to block redevelopment.<\/p>\n

The buyers, Armando Lozano Ojeda, Alejandro Garcia and Patricia Zavala, entered into contracts to purchase five units at the Edition project in the spring of 2023. Per their contracts, their units were expected to be completed by the summer of 2028. The owners are seeking their deposits \u2014 totaling about $2.5 million \u2014 plus interest, costs and attorneys\u2019 fees.\u00a0<\/p>\n

Lozano is under contract to purchase two units; Garcia also has two units under contract and Zavala is purchasing one, according to the lawsuit, which was filed last month in Miami-Dade Circuit Court.\u00a0<\/p>\n

\u201cIn order to meet this commitment the developer had to have already started construction of the [project],\u201d the lawsuit states. \u201cDeveloper has anticipatorily breached [the contract], including its implied covenant of good faith and fair dealing, because it is impossible for the developer to substantially complete construction \u2026 by approximately June 20, 2028.\u201d<\/p>\n

Taylor Collins, managing partner of Two Roads, said in a statement that the buyers\u2019 binding contracts are \u201cclear on this issue\u201d and that Two Roads still plans to develop the Edition project.\u00a0<\/p>\n

A certificate of termination was filed in April, records show. Terminating the condo association is a required legal step in demolishing the site of a condo building.\u00a0<\/p>\n

\u201cThe courts already allowed us to record a new certificate of termination and we are moving forward,\u201d Collins said.\u00a0<\/p>\n

Regarding the buyers\u2019 lawsuit, Collins wrote that the claims are \u201cwithout merit\u201d and he expects the suit to be resolved through summary judgment.\u00a0<\/p>\n

\u201cThat said, we understand some buyers have concerns given the current environment, and we\u2019ve worked directly with many purchasers on a case-by-case basis to find practical solutions,\u201d he said. \u201cAt the same time, while we respect the process, we will not allow litigation to be used as a tool to obstruct the project\u2019s advancement.\u201d\u00a0<\/p>\n

Lawyers for the buyers did not comment.<\/p>\n

The Edition is planned for the site of the Biscayne 21 condo building at 2121 North Bayshore Drive in Miami.\u00a0<\/p>\n

In 2022, Two Roads Development, a Miami and West Palm Beach-based development firm led by Collins and Reid Boren, paid about $150 million<\/a> for the majority of the units at Biscayne 21. The developer then launched sales of the first of three planned Edition buildings, a 55-story, 185-unit tower, with unit prices starting at $1.7 million.\u00a0<\/p>\n

The following year, a group of holdout owners sued the developer and the developer-controlled condo association over the latter\u2019s vote amending the condo declaration to lower the requirement for a condo termination to 80 percent of owners, from 100 percent. An appeals court ruled in favor of the holdouts, agreeing that amending the termination requirement altered unit owners\u2019 voting rights. Two Roads took the issue to the state\u2019s Supreme Court, but the court denied the developer\u2019s request<\/a> for a rehearing.\u00a0<\/p>\n

Then, earlier this year, a Miami-Dade judge ordered the developer to restore the waterfront condo building to a habitable state, including repairs and restoring utilities such as air conditioning, water and electricity. In response, Two Roads sued the holdout owners<\/a>.<\/p>\n

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\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n

The Weekly Dirt: Two Roads sues Biscayne 21 holdout owners<\/p>\n

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\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n

Two Roads dealt another blow in Edgewater condo buyout saga<\/p>\n

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\n\t\t\t\t\t\t\t\t\tSouth Florida\t\t\t\t\t\t\t\t<\/p>\n

Florida Supreme Court denies rehearing for Two Roads in Biscayne 21 Miami condo buyout case\u00a0<\/p>\n

\t\t\t<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Three buyers are suing Two Roads Development to recover their deposits from the planned Edition Residences in Miami\u2019s…\n","protected":false},"author":2,"featured_media":271253,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[116208,225,227,226],"class_list":["post-271252","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hialeah","tag-edition-residences-miami-buyers-deposits","tag-hialeah","tag-hialeah-headlines","tag-hialeah-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/271252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=271252"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/271252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/271253"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=271252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=271252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=271252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}