Last year, Icona proposed a $150 million, 160-room hotel for a former theater site in Cape May but faced obstacles as reported here. . Opinions expressed in the post above are those of New Jersey 101.5 talk show host Dennis Malloy only. Subscribe to our Daily Headlines newsletter. Dana developed a fully-integrated program for development of a new corporate strategy centered on driving scalability in cell and gene therapy testing services, including design and construction of a new cGMP testing facility. Alan oversees new client development and on-boarding, building strategic partnerships and collaborations. Mayor Jay Gillian has come out against the controversial luxury hotel proposed by Icona Resorts CEO Eustace Mita. Cheryl Paes has over 20 years of experience in the pharma/biopharma industry with 15+ of those years in B2B marketing of platform and professional services. Thoughts? Jeet also has the unique experience of managing Baxalta/Shire Quality CSV team for three years where he led Data Integrity and compliance excellence initiatives and defended compliance of IT systems during many agency inspections. By mutual agreement, editorial services may be provided for an additional charge; otherwise, advance payment rendered will be deemed a non-refundable service charge. Keep it Clean. The city would also have to change zoning laws because hotel development is banned on the boardwalk. Mita described his attachment to Ocean City, where his family has resided for over a century. During his subsequent tenure as Vice President, Head of Oncology Cell Therapy at GlaxoSmithKline, Dr. Lees team operated within a heavily matrixed organization to support an array of activities establishing multiple preclinical assets and several clinical-stage lete-cel programs targeting the NY-ESO cancer-testis antigen. Artist's rendering of the proposed Ocona Ocean City resort hotel overlooking the beachfront. To accomplish your publication purchase, you must be logged-in as a website user: https://www.capemaycountyherald.com/users/signup. . 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. Mita couldnt immediately be reached for comment Tuesday. 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. Recently, Tony has pioneered the industrialization of advanced therapies including two FDA-approved cell and gene therapies. {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, The Current of Linwood NorthField and Somers Point, Nebraska cheerleader competes by herself at state competition, but crowd doesn't let her feel alone, Murphy wants flood of liquor sellers, NJ revenue, Egg Harbor Township family told to remove pigs and chickens from home, Worker identified in collapse of Sea Isle City condo balcony, Atlantic City man sentenced for impregnating sisters, 12 and 13, The transformation of Ventnor Plaza has begun, Administrators at Egg Harbor Township charter school indicted in alleged self-deal scheme, Atlantic City man charged with selling crack cocaine, police say, Our view: NJ cannabis may stay costly at licensed shops, WWE superstar arrested after gun found in car at Atlantic City casino, Margate-raised 'music nerd' Scott Neustadter teams with wife to bring 'Daisy Jones' to screen, Sugar Hill Inn in Mays Landing sold, will remain closed as new owners make repairs, Ex-Ocean City police sergeant admits relationship with teen, Boardwalk high-rise hotel proposed for Ocean City, Icona owner: Opposition will likely derail plans for Boardwalk hotel in Ocean City, Wonderland Pier faces $10,000 in OSHA fines over workers death, New owners plan to reinvent former bank property in Ocean City's downtown, Hotel owner offers $6.5M for downtown Ocean City bank building, Hotel developer sues Cape May steak joint for back rent, Moscow reportedly threatened new parents in Ukraine: Register your newborns as Russian or else, The impact of climate change will be felt worse in these three U.S. cities, Scientists reveal hidden corridor in Great Pyramid of Giza, Greece train crash: Public anger grows as death toll rises. Ocean City Mayor Opposes $150M Luxury Beachfront Resort Proposed By His The seven-story, 325-room hotel would have a pool facing the ocean, a courtyard, a tree . Companies turn to LeBow for partnership, solutions and the next generation of leaders. To find out. ICONA Resorts is based in Wildwood, New Jersey. Company Information Industry Travel & Hospitality Location Avalon, New Jersey Leadership Eustace Mita Year. Madeleine Wright is a bilingual general assignment reporter for CBS3 Eyewitness News. He and his wife had five children who over time have produced 14 grandchildren. This cookie is set by GDPR Cookie Consent plugin. Upper Twp & Where do New Jersey honeymooners head to honeymoon? 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. 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. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. That designation, Mita said at the time, would cut two years off the time for developing the property. Eustace Mita, poses for a photo in front of a former theater along Beach Ave. in Cape May, N.J. Wednesday, April 20, 2022. 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. Submissions requiring additional support services e.g., to amend content or to effect payment will not be published. For those who remember his presentation of a similar plan in Cape May in 2022, there were a number of places where the two proposals resembled each other closely. In that role she interfaced with over 40 clients from top-tier gene therapy companies, negotiated large strategic contracts, and more than doubled the business every year for three years straight. ICONA Resorts - Beach Resorts & Hotels at The New Jersey Shore established crossword clue 9 letters There were 3,000 hotel rooms in Ocean City in 2000 and according to Mita there are now about 750. Mr. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. His prior roles also included responsibility for Supply Chain for Baxter Bioscience. February 26, 2023 / 7:08 PM Dr. Wilson has published over 600 papers and is named on over 200 patents worldwide. Mita presented his plan to City Council last week, touting the hotel as a way to transform the city. The two heads of the project, Ocean City Mayor Jay Gillian and Icona Resorts CEO Eustace Mita. Cape May hotel owners are modernizing while respecting the city's Del Haven - Firearm suicide is having a devastating impact on American youth. "Ocean City has a special, special place in my heart," said Mita, a father of five and grandfather of 17. They haven't had a new hotel there in more than half a century. Mita has multiple hotels in Cape May County, and builds high-end private homes under the company Achristavest. In 2014 he was awarded Emerging Pharma Leader.. 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. "The Windrift is one of the most recognized and beloved hotels in South Jersey. Previous: Angelo Camano Submissions must conform to our comment standards (https://www.capemaycountyherald.com/site/comment_standards.html) and must constitute appropriate use of the English language. By default, approved/paid submissions will be published to the "Lifestyle" section of the website. The hotel site currently includes a municipal parking lot just off the boardwalk between 5th and 6th streets. It currently owns and operates three year-round, beachfront propert Read More Phone Number: (609) 551-0102 Website: www.icona.com Revenue: $20 Million ICONA Resorts's Social Media Is this data correct? An artists rendering shows an aerial view of the grand hotel being proposed by Eustace Mita, owner and chief executive officer of Icona Resorts, in Ocean City. Rich has a Degree in Civil Engineering from Drexel University and an MBA in Finance from LaSalle University. Click here to follow Daily Voice Cape May and receive free news updates. "I'd be very concerned about the roads," Brooke Vitale, who visits from Egg Harbor Township, said. High 46F. But it isn't clear yet whether or not Cape May will love him back. Eustace Mita Director at Center for Breakthrough Medicines About Eustace Mita is board member for The Center for Breakthrough Medicines and Chairman and Chief Executive Officer of Icona Resorts, which owns and manages hotel properties in Avalon, Diamond Beach and Cape May, New Jersey. Avalon-based Icona Resorts has proposed investing about $100 million, according to news reports, . 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. But some residents say the boardwalk is not the right place for a resort-style hotel and could change the character of the city. our hope would be to break ground sometime in the fall," said Eustace Mita, founder, chairman, and chief executive. "I don't think the roads could handle all the traffic because it's already pretty crowded in the summer.". MLP Ventures creates companies that utilize real estate as an integral part of their business, as well as internet-based marketplaces. Sorry, there are no recent results for popular videos. Download the Dennis & Judi show wherever you get podcasts, on our free app, or listen right now. Keep reading to see if your favorite beach town made the cut. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. Prior to CBM, Jeet has successfully led Tech Ops IT organization In Atara Bio, and the Manufacturing and PD IT at Kite Pharma. Both would require an investment in the $150 million to $175 million range, with 10 years at least before the property could become profitable. These cookies track visitors across websites and collect information to provide customized ads. Eustace Mita - Email, Phone - Chief Operating Officer, ICONA Resorts MORE NEWS. Eustace has an uncanny ability to coordinate and focus a teams energies. They sure have proven their ability to do it. New Jersey is happy! Your e-mail address will be used to confirm your account. The envisioned seven-story hotel would include 325 rooms and cost about $175 million. Kim Guadagno, Assemblyman Bruce Land, and State Sen. Jeff Van Drew celebrate the grand opening of the ICONA Golden Inn. His desire to build a landmark structure at the heart of his brand was on display in both Cape May and Ocean City. Eustace Mita has been working as a Chief Executive Officer at ICONA Resorts for 6 years. The city currently owns the property, and plans would . Plans for a $150 million hotel on the Ocean City Boardwalk are on hold. He founded Icona Resorts, a luxury hotel brand which currently has locations in southern New Jersey including the Icona Diamond Beach, Avalon, and Cape May, which have all been ranked #1 beachfront hotels. In 2013, Eustaces passion for real estate evolved into hotel development. Audrey was recently selected by Philadelphia Magazine as one of the top trailblazers in Biotech and was featured on the cover of Main Line Todays Power Women edition. The Icona Resorts is looking to build a $150 million beachfront resort with 325 rooms along the Ocean City Boardwalk. More than ever, success in business is determined by reach in your community. Daily Voice prov, 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, Are You Running A Local Business? In 2013, that word would become the name for our collection of upscale beach resorts on the New Jersey shore. 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. She joined the team in January 2022. Audreys deep industry experience includes biotechnology, real estate, pharma services, and financial services. She joined The Center for Breakthrough Medicines with 15 years of industry experience across both technical and commercial roles. Cape May, Stone Harbor, 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.. Despite the fact he is a business partner with Mita, and the proposed hotel would be adjaent to the Gillian's Wonderland Pier they share interests with, Ocean City Mayor Jay Gillian says he "can not and will not" support the plan. If you forget it, you'll be able to recover it using your email address. Gross brings over 20 years of combined legal experience to CBM. 2023 CBS Broadcasting Inc. All Rights Reserved. Eustace W Mita Net Worth (2023) | wallmine Sign up for our newsletter to keep reading. He has worked with small and large life science organizations including startups, academic centers, financial institutions and CMOs/CROs. Ocean City is known for its family-friendly atmosphere with a clean safe boardwalk and no alcohol-selling policy throughout this "dry" town. This is my hometown, he said. Eustace found a passion for real estate and founded Achristavest, where he develops state-of-the-art residential homes around the country including Utah, Maryland, New Jersey, the Carolinas, Pennsylvania, Nantucket, and most recently, Costa Rica. each comment to let us know of abusive posts.Share with Us. Developer proposes $150 million hotel for Ocean City Boardwalk Avalon, "There hasn't been a new hotel in Ocean City in over half a century," Mita said. Plan for $150M Jersey Shore boardwalk hotel opposed by town's mayor Check out what the new hotel proposed for Ocean City Boardwalk would Eustace Mita, owner and chief executive officer of Icona Resorts, made a presentation to Ocean City Council Feb. 23, in which he spoke of his desire to build a grand hotel in the style that was popular at the turn of the 20th century. Mitas August Convention Center presentation to Cape May residents was the last public discussion of the Cape May hotel proposal. His educational background includes a Bachelor of Science degree from Youngstown State University and a Ph.D. in Nutritional Sciences from the University of Maryland. ICONA Resorts | Inc.com No application has subsequently come before the Planning Board. He was responsible for developing and maintaining strategic manufacturing relationships for autologous, allogeneic and gene-mediated cell and gene therapies, and strategic partnering in biologics services, Prior to that he served as Commercial Chief with primary responsibility for alignment of strategic partnering, business development efforts, and external collaborations. "We couldn't be happier to welcome the Windrift Hotel to the ICONA family," said ICONA Resorts Founder Eustace Mita. Massive $150M Jersey Shore boardwalk hotel plan opposed by town's mayor Our Expert CDMO Teams - CBM Many resort towns on both coasts have upscale hotel accommodations either on or near the ocean. Every beach town has its share of pluses and minuses, which got us thinking about what makes a beach town the best one to live in. 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. The property is next to Gillian's Wonderland Pier, an amusement complex owned by Mita and Ocean City Mayor Jay Gillian. 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. This purchase is for online publication only. A business partner of Mayor Jay Gillian Eustace Mita unveiled the plans and renderings for the hotel along the Ocean City boardwalk during a lengthy presentation at last weeks council meeting. Prior to this Matthew served as a member of the UPENN-Novartis Global Program Team under Dr. Carl June and was responsible for a $50MM annual clinical development plan focused on FDA approval of cutting-edge CAR T cell therapy Kymriah in pediatric patients with relapsed acute lymphoblastic leukemia. ICONA Resorts Owns and operates three beachfront resorts throughout New Jersey. We won't share it with anyone else. Middle Twp, When asked after Mitas Ocean City presentation if Mita had made any attempts to move on developing the Beach Avenue site in Cape May, Mayor Zack Mullock said, We havent heard anything from him.". Founded in 2013, ICONA Resorts is a hospitality management, development & licensing company. He is an experienced industry leader in life sciences, specifically, biologics and advanced therapies. Don't knowingly lie about anyone The two heads of the project, Ocean City Mayor Jay Gillian and Icona Resorts CEO Eustace Mita. The proposal could face several challenges, including obtaining the land from the city, getting site approval and acquiring permits through the state Coastal Area Facilities Review Act. The Wilson lab identified a new type of vector based on novel isolates of adeno-associated viruses which have become best in class for gene therapy. 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. Icona would need to acquire a city-owned parking lot just off the boardwalk between 5th and 6th streets to make the project viable. 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. 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. 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. 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. All rights reserved (About Us). Mita says the project would actually create up to 400 new parking spots. Report: Icona Comes to The Financial Rescue of Gillian'S Pier Welcome to Ocean City, New Jersey, America's Greatest Family Resort He enjoys leading teams to achieve unprecedented performance levels and to create a work environment where people bring their best.
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