Yes. It's actually right next to Mamitas beach club which is one of the best beaches in Playa(downtown area). I use to have a menu for Kool beach club from a wedding coordinator but I cannot find it! But I do have the contact information for the wedding coordinator that gave me the info.
Her name is Tere Espinosa of Paradise Weddings. Her email is:
weddingstere@yahoo.com.mx
She is the official wedding coordinator for Playa Palms(hotel) on the beach right next to the Blue Parrot Beach Club(where we are having ours!) Good luck!