I saw the location on my way out of town last week. It is the next resort just south of The Fairmont Mayakoba. I believe at one point they were building an Oriental next to the mayakoba so it would be next to this if the Oriental is still going up. In otherwords, aprox 15 min cab ride north of Playa Del Carmen. Not much action on the street just a small sign for the construction workers and a long narrow dirt road to the beach.
The opening date is scheduled for Feb 16th and the prices are really cheap for that time of year.....