Puerto Cancún
Puerto Cancún is a 800-acre upscale development in Cancún next to the ocean that contains a marina, private canals, a shopping mall, an IMAX theater, a golf course, hotels, condominiums, and spaces for retail businesses. The multimillion-dollar development project was originated as a partnership between Fondo Nacional de Fomento al Turismo (Fonatur), Mexico's National Trust Fund for Tourism Development, and Michael Eugene Kelly, the CEO, president and principal promoter who had been convicted of a Ponzi scheme.