Press "Enter" to skip to content

Cancun Ynifinity real estate project shut down

Cancún, Q.R. — After a lengthy battle, Profepa has ordered the closure of the Ynfinity real estate project in the Cancun Hotel Zone.

Along with the closure, the Federal Attorney for Environmental Protection (Profepa) imposed a fine of over 1.5 million peso.

The administrative resolution issued against the company legally named Vanguard Caribe Comercializadora, S.A. C.V., responsible for the project, confirmed that the developer carried out work without having the authorization of an environmental impact permit issued by the Ministry of Environment and Natural Resources (Semarnat).

The administrative and economic sanctions, as well as the closure imposed as a sanction, are applied against the so-called hotel tourism development called Elementhal, commercially known as Ynfinity. The project was constructed nearly 500 meters from the Nichupté Lagoon in the area known as Malecón Tajamar of Cancún, in the municipality of Benito Juárez.

On September 11, Profepa ordered a temporary closure against the Ynfinity project after noting that it was built without having previously obtained the respective federal authorization that should have been granted by Semarnat. The project was sealed off.

However the company resumed construction against a final suspension ordered by a judge who also noted the towers had more levels than what was allowed by the Urban Development Plan (PDU).

On November 7, Profepa re-issued temporary closure seals in response to public complaints that accused the company of covering up the seals and illegally resuming work. As a result of that inspection by the Federal Delegation of Profepa, it was found that the construction was being done in a coastal ecosystem.

Aside from closure of the real estate project, Vanguard Caribe Comercializadora, S.A. C.V has been fined 1,560,860 peso.

“The administrative resolution issued against the legal entity named Vanguard Caribe Comercializadora, SA de CV, responsible for the project, confirms that the developer carried out works without having the authorization on environmental impact granted by the Ministry of Environment and Natural Resources (Semarnat ),” they said in a statement.

Ynfinity is a residential tower of 81 luxury apartment and penthouse suites. According to their website, they have already pre-sold out of their 2 bedroom Class B apartments. Prices were averaging 7,849,000 peso per apartment.