Eustace's great uncle owned one of the first hotels in Avalon, NJ, The Puritan Hotel, and one of his first jobs was as a bus boy at The Princeton. If a hotel were built, it would be the first new one in Ocean City in more than 50 years and would have the highest assessed valued of any property, thus paying the most taxes, Mita said at last weeks council meeting. Developer Eustace Mita has developed Icona branded hotels in Avalon, Diamond Beach and Cape May. Jeet Sarkar is the Vice President of Information Technology, at The Center for Breakthrough Medicines. By initiating this transaction, the submitter assumes any and all liability associated with publication of the submitted content (e.g., infringement, licensing) and agrees to defend and hold the Publisher harmless. "I've never seen any project where everybody's in favor," Mita said. First published on February 26, 2023 / 7:08 PM. High 46F. After consideration of the ICONA presentation to city council at their Feb. 23 public meeting, I spoke to Eustace Mita to express my concerns, Gillians letter on the citys website said. Alan oversees new client development and on-boarding, building strategic partnerships and collaborations. Wildwood. Eustace Mita has been working as a Chief Executive Officer at ICONA Resorts for 6 years. No racism, sexism or any sort of -ism These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Prior to joining, Mike spent seven years as the V.P of Quality Assurance and Regulatory Affairs at WuXi Advanced Therapies and held similar leadership roles supporting the commercial manufacturing of API's. She was most recently Senior Director of Testing Operations and Strategic Projects for WuXi Advanced Therapies where she directed testing operations for cell and gene therapy and biologics testing, including characterization, release, safety and viral clearance testing for clinical and commercial products. His research career spanning over 40 years has focused on rare diseases and ways to treat them by gene therapy. Ocean City, The cookie is used to store the user consent for the cookies in the category "Analytics". Three of those rank among the top 75-ranked hotels nationwide. Gross earned his JD degree from the University of Texas School of Law where he attended on an NCAA academic scholarship. Expert faculty solving tomorrows problems today through cutting-edge research. NEW: Ocean City's mayor says he cannot support the proposal.OCEAN CITY, N.J. (CBS) -- A developer is proposing a $150 million hotel for the Ocean City Boardwalk. You can now listen to Dennis & Judi On Demand! I told Mr. Mita that while I understand the need for hotel rooms in Ocean City, I cannot and will not support his proposal to the council, Gillian said in a statement. YouTubes privacy policy is available here and YouTubes terms of service is available here. Prior to starting The Center for Breakthrough Medicines, Audrey spent several years in investment banking, public accounting and private equity having worked at some of the largest asset managers in the world with AUM exceeding $100 billion. Joerg has a passion for saving lives which is his main motivator to work in healthcare. New Jersey is happy! This cookie is set by GDPR Cookie Consent plugin. The project, in Mitas concept, would bring a needed rejuvenation to that end of the citys boardwalk. Icona already operates eight hotels in Avalon, Cape May and the Diamond Beach section of Lower Township. Mitas August Convention Center presentation to Cape May residents was the last public discussion of the Cape May hotel proposal. The property is next to Gillians Wonderland Pier, an amusement complex owned by Ocean City Mayor Jay Gillian and Icona CEO Eustace Mita. He brings executive-level experience and a remarkable attention to detail to each project. He has led global programs greater than $350+ million in the following disciplines: project management, turnkey facility builds, automation, validation, engineering and serialization track and trace. Sponsored Content Articles Policy & Procedure. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. This cookie is set by GDPR Cookie Consent plugin. But opting out of some of these cookies may affect your browsing experience. that is degrading to another person.Be Proactive. An artist's rendering of a proposed oceanfront hotel in Ocean City. Find Eustace Mita's accurate email address and contact/phone number in Adapt.io. Mita says the hotel would boost tourism, create hundreds of jobs and bring tax revenue to the city. He has a BS in Microbiology from Duquesne University, an MS in Molecular Biotechnology from the University of Pennsylvania and finance training from the Wharton School of Business. Matt has over 19 years of finance and business experience in clinical and basic research of immunology, oncology, cell and gene therapy, and infectious diseases. Jeet has an MBA from University of California in Irvine, and a Bachelors of Engineering degree in Computer Sciences from National Institute of Technology in Bhopal, India. Two decades later, he estimated the city had about 750 rooms. Cookie Settings/Do Not Sell My Personal Information. All three properties have been recognized among the top 50 hotels in The United States on Trip Advisor. .I think it will grace the skyline.for many, many generations to come.". Get up-to-the-minute news sent straight to your device. Sold (or bought if negative) in USD MITSUI & CO . We'd love to hear eyewitness He enjoys leading teams to achieve unprecedented performance levels and to create a work environment where people bring their best. Mandy's efforts to build organizational knowledge of analytical method development and GMP compliance, as well as to enhance regulatory engagement for advanced therapies has had a profound impact on the company's success in this area which continues to be cited as a primary growth driver. The project would include the area between a municipal parking lot and an area of the beach between the bulkhead and the Boardwalk, where there is now a line of beach volleyball courts. He is an experienced industry leader in life sciences, specifically, biologics and advanced therapies. The commenting option is not going away, however, readers will need to register for a FREE site account to continue sharing their thoughts and feedback on stories. But there are a few that let you get in for free. As Executive Vice President a at Project Farma, Tony has spearheaded the firms growth in the biologics and most recently next generation medicines. MLP Ventures creates companies that utilize real estate as an integral part of their business, as well as internet-based marketplaces. Audreys area of expertise is in capital structure, business formation, acquisitions, strategic planning and tactical execution. "So to me, this is a one in a lifetime, once in 100 year opportunity.". Brian has been in the Biotech industry for the past 12 years. Dana has a Masters in Microbiology from Thomas Jefferson University, a Bachelors in Biology from Rutgers University, an Executive Education Certification from The Wharton School, and a PMP (Project Management Professional) certification. Amiel Gross, Esq. When Mita had brought his $150 milliongrand hotel proposalto Cape May last year, he sought to have the city designate the Beach Avenue site he had already purchased as an area in need of redevelopment. There are so many great beach towns not just in New Jersey, but the entire country. "I'd be very concerned about the roads," Brooke Vitale, who visits from Egg Harbor Township, said. Ocean City mayor opposed to boardwalk hotel proposal. Mandy also negotiated strategic alliances and heavily influenced portfolio evolution that led to QIAGEN achieving widespread adoption of the platform throughout the cell and gene therapy field. He also has 10+ years experience in vaccine and viral vector development including, AAV, adenovirus, herpesvirus, alphavirus, lentivirus, and RNA, past experiences include: AveXis / Novartis Gene Therapies Global Head of Technical Development Seqirus / CSL Head of Virology and Cell Culture, Process and Product Development Lead Novartis Vaccines and Diagnostics Technical Development Scientist, R&D Microbial and Molecular Scientist Harvard Medical School Viral Pathogenesis Scientist. Create a password that only you will remember. NEW: Ocean City's mayor says he cannot support the proposal. "We are lovers of Cape May," said Eustace Mita of Icona Resorts, a hotel developer and builder of luxury homes, who outlined plans to erect a $100 million, 168-room, eight-story hotel on Beach Avenue, speaking at the October 5 meeting of Cape May's city council.. Mita would also need to the city to waive zoning laws that ban hotels along the boardwalk. He has over 20 years experience specializing in Quality Assurance, Quality Control, Operations and Regulatory Affairs, within the biotechnology, cell and gene therapy, and pharmaceutical industries with a proven track record of success in maximizing performance, scaling quality commercial operations and streamlining quality systems, while maintaining the highest levels of compliance with global regulations over multi-site operations. Admissions experts with one goal to help you soar like a Dragon. our hope would be to break ground sometime in the fall," said Eustace Mita, founder, chairman, and chief executive. In 2013, that word would become the name for our collection of upscale beach resorts on the New Jersey shore. Eustace Mita Chairman Icona Chairman and CEO Achristavest Chairman Caritas Construction 2501 Seaport Dive Suite SH400 Chester, PA 19013 Office: 610.497.9700 Cell: 610.574.2077 Email:. The hotel would be built just off the boardwalk between 5th and 6th streets.DSA Architects, Inc. He oversaw the capital investment and capacity expansion for advanced therapies manufacturing at the Philadelphia Navy Yard campus. He is the Chairman and CEO of Icona Resorts, along with the Chairman of Mita Management, a company with interests in the automotive and real estate industries. Mita unveiled the proposal during a city council meeting Thursday night. Companies turn to LeBow for partnership, solutions and the next generation of leaders. Don't knowingly lie about anyone All of MLP companies and real estate recycle existing buildings, which often require environmental remediation. Gillian didnt explain in his letter why he opposed the hotel. I told Mr. Mita that while I understand the need for hotel rooms in Ocean City, I cannot and will not support his proposal to the council. Lower Twp, ICONA Resorts. "We can't sit up here and say I married a great Irish girl and . Residents say it's a proposal the city has to consider carefully. Upper Twp & Eustace Mita, the owner of the Icona hotels, brought conceptual images for a new Boardwalk hotel to the Ocean City Council on Thursday. All rights reserved (About Us). Mr. O'Neill has a track record of starting, scaling and operating healthcare organizations. Jeet has extensive experience of building and deploying digital technology roadmap for greenfield projects, the most significant one was for a $1.5 Billion facility in Covington Georgia. Eustace Mita works as a Chief Executive Officer at ICONA Resorts, which is a Hospitality company with an estimated 325 employees; and founded in 2013. Well, that's about to change in America's Greatest Family Resort Ocean City, New Jersey. The owner of the Icona Resorts has reportedly formed a partnership with Gillian's Wonderland Pier to help the pier out of financial difficulty. Gillian didnt explain in his brief letter why he opposed the hotel, though he has said previously that he opposes high-rises along the two-and-a-half mile long Boardwalk. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. He was previously Finance Manager at WuXi Advanced Therapies where he was responsible for revenue and contract management of $100MM in US revenue for research, manufacturing, and testing portfolio related to cell and gene therapy products. He has successfully acquired BMS Swords site (Ireland) in 2017, AMPAC Fine Chemicals (US) in 2018 and established SK Pharmteco (US) in 2019, a CDMO subsidiary for SK Inc. From 2021, SK Inc.s CDMO investment expanded to the CGT industry which led to the acquisition of Yposkesi (France) in 2021 and the investment in the Center for Breakthrough Medicines (US) in 2022. His prior roles also included responsibility for Supply Chain for Baxter Bioscience. Middle Twp, Eustace can be found on the beach with his beautiful wife, Susie, their five children, and their families, including their sixteen grandchildren. You can cancel at any time. In his early years, Eustace started a company, Mita Leasing, which became one of the top ten leasing companies on the east coast. He possesses more than 15 years of clinical research and cell therapy experience including positions at The Wistar Institute, Janssen Pharmaceuticals, and GlaxoSmithKline. With a love for picturesque waterfront homes and an eye for luxury living, it was only natural that Eustace would eventually combine his two passions by spearheading Achristavest Developers. A $150 million luxury hotel has been proposed near the Ocean City Boardwalk. An Icona Resorts property, the hotel would dwarf its neighbors and rise eight stories in the center and cascade downward from there. Mita presented his plan to City Council last week, touting the hotel as a way to transform the city. Jobs Number of Current Jobs 1 In April of 2019 Paragon Bioservices, Inc. entered into a definitive agreement of sale for $1.2 billion with Catalent. Warm regards, Jay A. Gillian. Eustace Mita Jr ICONA Resorts United States 981 followers 500+ connections Join to connect ICONA Resorts Boston College - Wallace E. Carroll Graduate School of Management Websites. Brian was also a founding member of a startup drug product CMO based in Michigan where he developed the QA/QC/Tech Transfer functions at the company. Most recently she was the Head of CMC Leadership Biotherapeutics for Janssen R&D. "We couldn't be happier to welcome the Windrift Hotel to the ICONA family," said ICONA Resorts Founder Eustace Mita. current subscribers, posting in obituary guestbooks, for submitting community events), you may use that login, otherwise, you will be prompted to create a new account. Mita ended his discussion in Ocean City, saying that the proposal was at the starting point. The artist's renderings of possible variations on the project were presented to the City Council on Thursday, Feb. 23. Shooter Of NJ Trooper Captured In South Carolina, Video Shows H, $300K In Drugs Including 1400 Folds Heroin Seized In Cape May C, Jersey Shore Man Convicted In DUI Crash That Killed Teen, Serio. . Popular Searches Icona Resorts Icona ICONA Diamond Beach Coastal Blue Oceanside Bar & Grill Artist's rendering of the proposed Ocona Ocean City resort hotel overlooking the beachfront. An immersive business education designed for the driven and determined. Now, Mita is before the city with his proposal for a grand hotel, noting that the property today creates no revenue for the city. I always kept a low profile, no wearing of our flag, no loud, inconsiderate or Townsends inlet - Great Job mayor at keeping our taxes at 0 now lets hope as commissioner director you can do the same with County Taxes since we dont get much back for being the highest taxed municipality in the Villas - Everyone is always complaining about the Villas and fare free transportation. On average, Penske Automotive Inc executives and independent directors trade stock every 43 days with the average trade being worth of $22,722,263. In his pitch to the city, Mita said the area where he would build the hotel was not currently generating revenue. Yeontae has a Degree in Economics from University College London. Submissions must conform to our comment standards (https://www.capemaycountyherald.com/site/comment_standards.html) and must constitute appropriate use of the English language. The seven-story, 325-room hotel would have a pool facing the ocean, a courtyard, a tree . He said that if the proposal went forward, Icona would become the highest taxpayer in Ocean City. Lower Twp, Download the Dennis & Judi show wherever you get podcasts, on our free app, or listen right now. Eustace Mita is the chairman of the company that wants to build the boardwalk hotel, called Icona Ocean City. In order to build the hotel, the city would have to sell him the land, which is currently a large public parking lot between 5th and 6th Streets, near Gillian's Wonderland Amusement Park. More Local News to Love Start today for 50% off Expires 3/6/23, Jeff Goldman | NJ Advance Media for NJ.com, proposal by Icona Resorts for a $150 million, 325-room beachfront hotel. Low around 45F. It has a special place in my heart.. The cookie is used to store the user consent for the cookies in the category "Other. Please subscribe to keep reading. The hotel would be built just off the boardwalk between 5th and 6th streets. She also helped create the overall testing business strategy, drove tactical implementation plans and monitored key milestones to drive delivery of strategic objectives. This isn't the type of stuff you normally hear, it goes straight to the heart. Threats of harming another Both would require an investment in the $150 million to $175 million range, with 10 years at least before the property could become profitable. Dear Friends, After consideration of the ICONA presentation to City Council at their February 23 public meeting, I spoke to Eustace Mita to express my concerns. "We're happy that Eustace will approach the Windrift with the same care and that he is keeping the name" as the Icona Windrift, she says. Previous: Angelo Camano But some residents say the boardwalk is not the right place for a resort-style hotel and could change the character of the city. The most recent stock trade was executed by Shane M. Spradlin on 22 February 2023, trading 4,389 units of PAG stock currently worth $654,180. He enjoys leading teams to achieve unprecedented performance levels and to create a work environment where people bring their best. Winds E at 20 to 30 mph. As the chairman, CEO and founder of Chester-based Icona Resorts, it's become second nature for Eustace Mita to recognize properties with the potential to be first-class luxury resorts. Stone Harbor, ICONA CEO Eustace Mita recently presented an elaborate plan for a resort hotel complex in Cape May City. The location is between 5th and 6th Streets between Ocean City High School and the beach. Our website is directed to a U.S.-based audience; our content may not be accessible to some international audiences due to technology restrictions. Tony Khoury is an advisor for The Center for Breakthrough Medicines. The one thing you can't find in many Jersey Shore towns is swanky luxury beachfront hotels. Upper Twp & The Icona Resort wa s proposed by Eustace Mita at last week's Ocean City Council meeting. He has 40 years of experience in the Life Sciences contract services field and most recently served as Vice President and Head of Strategic Alliances at WuXi Advanced Therapies. As an undergraduate at Southwestern University, Mr. Over the past decade, the firearm suicide rate among young people has increased faster than among any other age group. Thunder possible. More recently Dr. Wilsons laboratory has focused on improved vectors for gene therapy and clinical applications of genome editing and mRNA. "Ocean City has a special, special place in my heart," said Mita, a father of five and grandfather of 17. Plans for a $150 million hotel on the Ocean City Boardwalk are on hold. Currently working as Chief Operating Officer at ICONA Resorts in New Jersey, United States. I have traveled all over the United States and most of the world. The former Beach Theatre in Cape May, once a popular place to catch a movie at the Jersey. And, we wish the Mita family the same good memories and success that we had at the Windrift." Most recently, he worked at Catalent Cell and Gene Therapy responsible for gene therapy business development on the east coast US and Europe. He is the Chairman and CEO of Icona Resorts, along with the Chairman of Mita Management, a company with interests in the automotive and real estate industries. Most recently, Jennifer built and led the Advanced Therapy Commercial Development Team at Fujifilm Diosynth Biotechnologies where she was responsible for the growth of their viral vector, recombinant vaccine and oncolytic virus businesses. Under his leadership, MLP Ventures has developed millions of square feet of laboratory, office, industrial, retail and residential real estate throughout the Northeast. He has 15+ years of industry experience in Gene Therapy, Viral Vectors, and Vaccines with a MS in Biology and MBA (Oct 21) and has contributed to the regulatory approval of ZOLGENSMA in US and 10+ Rest of World markets. Eileen Brett is the Vice President of Program Leadership at The Center for Breakthrough Medicines. OCEAN CITY Developer and hotelier Eustace Mita brought a proposal for a $175 million luxur. Matthew Farabaugh is the Chief Financial Officer of The Center for Breakthrough Medicines. Dr. Lee previously built the Cell Therapy Platform team at Janssen Pharmaceuticals. Real-world business education, based in Philadelphia but connecting our world. Audrey has an MBA from The Wharton School and is a registered CPA in Illinois. That designation, Mita said at the time, would cut two years off the time for developing the property. If you forget it, you'll be able to recover it using your email address. PHL17's Alyssa Sullivan has the story. Developer proposes $150 million hotel for Ocean City Boardwalk. The two heads of the project, Ocean City Mayor Jay Gillian and Icona Resorts CEO Eustace Mita. Prior to forming Mita Management and Achristavest, James M. Wilson, MD, PhD, is a Professor in the Perelman School of Medicine at the University of Pennsylvania where he has led an effort to develop the field of gene therapy. in Biology from the University of Rochester and her M.S. ICONA Golden Inn 7849 Dune Drive 609-368-5155 icona.com/golden-inn/ No credit card required. ICONA Resorts has hotels throughout Cape May County. Lower - wildwood Spouter about the flags: Spout of the month! We wrap up the news from the Shore you love, and deliver it to your inbox, weekly. Our team has led gene & cell therapy programs at innovator companies and CDMOs, including pioneers who are among the small universe of people to have taken advanced therapies to commercialization.

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