Mandarin Oriental Hotel Group is arriving in the Caribbean. Construction is underway on the Mandarin Oriental Residences, Grand Cayman, marking the brand’s first new-build resort and residential project in the Caribbean.
Developed by Melkonian Capital Management and RAL Companies, the ultra-luxury development broke ground earlier this month is set for completion in early 2028.
The project features two residential offerings — Beach House and Ocean House Residences. The Beach House collection includes 20 residences located above the 91-key ultra luxury resort, offering direct access to the resort’s amenities. The Ocean House collection consists of 22 residences in a private, boutique building along the island’s iron shore coastline.
Momentum for the launch was generated purely by word of mouth prior to its official launch, resulting in more than 40% of residences being sold, the developers said in a release. The residences are priced at $6 million.
“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.”
The residences will offer expansive ocean views, private terraces and interiors designed for seamless indoor-outdoor living. Homeowners will have access to Mandarin Oriental’s signature concierge services, as well as a suite of high-end amenities, including a spa, fitness center, infinity pools, multiple oceanfront dining venues, a secluded 1,000-foot crescent beach and a variety of marine activities.
Located on 70 acres of tropical forest at St. James Point at the island’s southernmost point, the development offers 2,700 feet of oceanfront, offering panoramic views from one of Grand Cayman’s highest natural elevations at 35 feet above sea level.
“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.”
Known for properties reflecting Asian heritage, local culture and design, Mandarin Oriental operates 41 hotels, 12 residences and 26 homes across 26 countries, with more projects under development.
