New York City-based co-developers Melkonian Capital Management (Melkonian) and RAL Companies (RAL) behind Mandarin Oriental, Grand Cayman, have announced they have received approval from the Central Planning Authority for an additional 22 branded condominium units in a distinctly designed additional phase of development. Set to break ground this summer, the development will be the first Mandarin Oriental Residences in the Caribbean, which will also feature a 91-key hotel.
Located on the southern-most coast of the island, a sanctuary called St. James Point, this next phase of residences is designed by award winning Paris-based architects Architecture Workshop (AW2) led by Reda Amalou and Stéphanie Ledoux. This phase will also include an expansion of the resort’s amenities including a trail system, gardens, and more.
Anticipated to be completed in 2024, Melkonian and RAL are introducing a new level of design sophistication to Grand Cayman, with two-, three- and four-bedroom+ residences and larger penthouses that feature open, contemporary layouts with expansive terraces and panoramic ocean views. Owners will enjoy signature culinary experiences, wellness amenities, a destination spa, and much more – all enhanced by Mandarin Oriental’s legendary five-star service.
For more information, visit https://www.moresidencesgrandcayman.com
