SHERIDAN, WYOMING – Feb. 21, 2025 – Mandarin Oriental Hotel Group is making its grand entrance into the Caribbean with the groundbreaking of the Mandarin Oriental Residences, Grand Cayman. This landmark project, a collaboration with Melkonian Capital Management and RAL Companies, marks the brand’s first new-build resort and residential development in the region. Construction is officially underway, with completion anticipated in early 2028.
Luxury Living Redefined: Beach House and Ocean House Residences
The development boasts two distinct residential offerings: the Beach House and Ocean House Residences. The Beach House collection, comprised of 20 residences, sits atop the 91-key ultra-luxury resort, providing residents with direct access to the resort's extensive amenities. For those seeking ultimate privacy, the Ocean House collection offers 22 exclusive residences within a separate, boutique building nestled along the island’s picturesque iron shore coastline.
Unprecedented Demand and Exclusivity
Even before its official launch, the Mandarin Oriental Residences, Grand Cayman garnered significant interest, with over 40% of the residences already sold through word-of-mouth alone, according to a release from the developers. The residences are priced from $6 million, reflecting the unparalleled luxury and exclusivity of this offering.
A Vision of Unmatched Luxury
“Breaking ground on this new luxury resort and branded residences with Mandarin Oriental is a significant step toward delivering an unmatched residential and hospitality experience on one of the most sought-after destinations in the Caribbean,” said Ryan Melkonian, founder and managing partner of Melkonian Capital Management. “Global demand to date has exceeded expectations, and as we move forward with the public sales launch and construction, we are proud to unite renowned architects, designers and builders with a storied hospitality brand to create this world-class destination.”
Architectural Harmony and Seamless Indoor-Outdoor Living
The residences are designed to maximize the breathtaking ocean views, featuring expansive private terraces and interiors that seamlessly blend indoor and outdoor living. Residents will enjoy access to Mandarin Oriental’s renowned concierge services, as well as a comprehensive suite of high-end amenities.
World-Class Amenities and Unparalleled Experiences
The resort will feature a luxurious spa, a state-of-the-art fitness center, stunning infinity pools, and multiple oceanfront dining venues. A secluded 1,000-foot crescent beach and a diverse range of marine activities will further enhance the resident experience.
A Prime Location in Grand Cayman
Situated on 70 acres of lush tropical forest at St. James Point, the southernmost tip of the island, the development offers 2,700 feet of pristine oceanfront. Its elevated position, reaching 35 feet above sea level, provides panoramic vistas and a sense of unparalleled tranquility.
A Partnership of Excellence
“Mandarin Oriental Residences, Grand Cayman will combine our rich heritage of craftsmanship with a modern vision of exceptional residential hospitality in the Caribbean,” added Francesco Cefalù, chief development officer at Mandarin Oriental Hotel Group. “In partnership with Melkonian Capital Management and RAL Companies, we are thrilled to set a new benchmark of luxury living for homeowners who will enjoy an unparalleled lifestyle rooted in our brand’s legendary service.”
Mandarin Oriental's Global Presence and Expertise
Mandarin Oriental is renowned for its properties that beautifully reflect Asian heritage, local culture, and exceptional design. The group currently operates 41 hotels, 12 residences, and 26 homes across 26 countries, with numerous projects in the pipeline. The Mandarin Oriental Residences, Grand Cayman represents the brand's commitment to expanding its presence in the world's most desirable destinations and setting new standards for luxury living.
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