Melkonian Capital Management and RAL Companies announced the official groundbreaking and public sales launch of Mandarin Oriental Residences, Grand Cayman which is to be the island’s enclave featuring the new Mandarin Oriental, Grand Cayman Hotel. Scheduled for completion in Q1 2028, the development marks Mandarin Oriental’s first new construction resort and residences in the Caribbean and is set to deliver an unparalleled level of luxury.