
EDITION Residences Miami: The Delays, Lawsuits & What’s Next | Reid Boren
What happened at EDITION Residences, Miami Edgewater—and what should buyers learn from it before purchasing a pre-construction condo? I sit down with Reid Boren, founder and managing partner of Two Roads Development, for a candid conversation about the Biscayne 21 buyout, the legal disputes that delayed the project, and the path forward. We discuss what he would do differently, how the company handled its commitments to existing buyers, and why he remains confident in Edgewater. Buying a New-Development Condo in Miami? Let’s Talk. Renderings are only the beginning. Before committing, you need to understand the developer’s track record, site ownership, deposit structure, contract timelines, pricing and competing inventory. My team and I help buyers ask the right questions and compare opportunities across Miami’s pre-construction and resale markets. Book 30 minutes with David Siddons The Conversation Two Roads Development previously delivered Biscayne Beach and Elysee in Edgewater. But bringing EDITION Residences to the waterfront presented a different challenge: acquiring an existing condominium and navigating litigation with remaining owners. In this episode of Better Decisions, I ask Reid directly about taking contracts while the site remained disputed, the cost of the delays, and the lessons the experience offers developers and buyers. We also examine the value proposition. With new construction asking a premium over existing Edgewater condos, what makes the location, views, brand and promised experience worth the additional cost—and the wait? Reid shares his perspective on the project’s anticipated 2029 delivery, its intended buyers, and the future of Edgewater relative to Brickell, Downtown Miami and Miami Beach. I also challenge him on the competing inventory expected to enter the market before delivery. Stay through the end for my closing thoughts on escrow funds, delivery timelines and the questions buyers should ask before signing. Chapters 00:00 Preview: Tough questions for Reid Boren 00:52 EDITION Residences: What went wrong? 01:56 Reid’s background and Two Roads Development 03:53 Biscayne 21: Site ownership and buyer deposits 07:35 Launching sales and the remaining owners 10:31 The litigation timeline and project delays 15:30 The settlement and the path forward 18:55 What this could mean for future condo buyouts 23:57 What Reid would do differently 25:26 Buyer contracts, disclosures and delivery dates 27:48 New construction vs. resale: Is the premium justified? 32:36 Rising costs and honoring original buyer pricing 34:36 Why Edgewater over Brickell or Downtown? 39:05 Who is the EDITION Residences buyer? 43:57 Competing inventory and the 2028–2029 market 46:27 Final thoughts and lessons for buyers 48:24 Buyer takeaway: Escrow, contracts and site ownership About Better Decisions Better Decisions is about asking better questions before making major real estate decisions. Join David Siddons for candid conversations with the people shaping Miami’s property market, from developers and industry leaders to local market experts. Explore our market reports, neighborhood guides and independent condo reviews Project pricing, timelines and market expectations discussed reflect the conversation at the time of recording. Reid’s comments present the developer’s perspective on the disputes and the project. #EditionResidencesMiami #EdgewaterMiami #MiamiRealEstate #BetterDecisions #ReidBoren
