our hope would be to break ground sometime in the fall," said Eustace Mita, founder, chairman, and chief executive. Both would require an investment in the $150 million to $175 million range, with 10 years at least before the property could become profitable. 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 plan also calls for boutique shops, a swimming pool and other amenities. Upon request to [email protected] a link to the published article will be transmitted via email. 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. You can now listen to Dennis & Judi On Demand! Some are concerned about about whether the hotel would block the ocean view of people who live nearby. New Jersey is happy! An entrepreneur and a businessman at heart, Eustace is the driving force behind Achristavest. Eustace Mita, chairman and CEO of Icona Resorts, and architect David Schultz, co-founding partner in DAS Architects of Philadelphia, presented conceptual drawings to City Council during a meeting Oct. 5. 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. Ocean City's mayor has weighed in on the $150 million dollar 325-room boardwalk luxury hotel proposed by Icona Resorts CEO Eustace Mita. Eustace Mita, the owner of the Icona hotels, brought conceptual images for a new Boardwalk hotel to the Ocean City Council on Thursday. 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 week's council. A $150 million luxury hotel proposed at the Jersey Shore does not have the support of the city's mayor even though it was proposed by his own business partner. People are also worried about losing parking spots, which they used to when they go to the boardwalk, Gillian's and football games at Ocean City High school. 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. This cookie is set by GDPR Cookie Consent plugin. racist or sexually-oriented language.PLEASE TURN OFF YOUR CAPS LOCK.Don't Threaten. In 2013, that word would become the name for our collection of upscale beach resorts on the New Jersey shore. The proposed hotel would be next to Wonderland Pier, which is co-owned by Gillian and Mita. Mandy brings to the role extensive expertise in strategy formulation, team development, process management and commercial analytics, as well as in-depth knowledge of testing required for advanced therapies at all stages of development and manufacturing. But it isn't clear yet whether or not Cape May will love him back. 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. "Ocean City has a special, special place in my heart," said Mita, a father of five and grandfather of 17. Avi Nandi is the Head of Process Development at The Center for Breakthrough Medicines. Mita says the hotel would boost tourism, create hundreds of jobs and bring tax revenue to the city. Lower Twp, During her time at GSK, Sybil developed extensive expertise in the area of bioreactor scaling and cell culture process development, contributing to the development and characterization of upstream processes for multiple products. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). An artists rendering gives a beachfront view of the grand hotel being proposed by, and chief executive officer of Icona Resorts, An artists rendering shows an aerial view of the grand hotel being proposed by, Grand Hotel Proposal Moves from Cape May to Ocean City. 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. 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. Alan oversees new client development and on-boarding, building strategic partnerships and collaborations. Cheryl has a dual MS in Biochemistry from University of Mumbai & in Molecular Biology from Virginia Tech. Mr. O'Neill has a track record of starting, scaling and operating healthcare organizations. 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. Tony Khoury is an advisor for The Center for Breakthrough Medicines. Eustace Mita, the owner of the Icona hotels, brought conceptual images for a new Boardwalk hotel to the Ocean City Council on Thursday. Eileen also served as a Process Engineer then Project Manager, leading the facility and process design, build and start up of new biologics facilities, both pilot plants and commercial facilities. He obtained his Bachelor of Science from Northern Arizona University and MBA from Walsh College. 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. 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. . ICONA Resorts Owns and operates three beachfront resorts throughout New Jersey. each comment to let us know of abusive posts.Share with Us. Eustace Mita is the Chairman and CEO of Icona Resorts, Chairman of Mita Management, and CEO of Achristavest, LLC. The lunches are https://www.capemaycountyherald.com/site/comment_standards.html. He has over 25 years of Technology experience specializing in managing and deploying Manufacturing, Supply Chain, ERP, Quality. Mita says the project would actually create up to 400 new parking spots. Please avoid obscene, vulgar, lewd, 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. You can cancel at any time. The property next to the amusement park is bordered by Fifth and Sixth streets, the northern end of the boardwalk and the civic center parking lot behind it. This focus provides for a reliable system centered on scrupulous execution and distinctive quality. We would very much like to bring it to the finish line, he added. Eustace says there are difficult times . He is an Operations and Supply Chain Management Executive who has served in multi-billion dollar companies operating in biotech, vaccines, pharmaceutical and medical device markets. Mita unveiled the proposal during a city council meeting Thursday night. Eileen has a 25+ year career in biotechnology including cell and gene therapy with Process Engineering and Program Leadership roles in Capital Projects, Supply Chain and R&D, with a focus on leading large cross-functional teams and building successful team leaders and portfolio processes to increase speed without compromising quality. Gillian brought Mita in as partner 2021 to Wonderland Pier, which was about $8 million in debt. His purpose was to show the dedication of the Icona brand to quality in both structure and customer experience. Ocean City's mayor announced Tuesday that he "can not and will not" support a proposal by Icona Resorts for a $150 million, 325-room beachfront hotel in the popular Jersey Shore town. New Jersey is more known for its old-style family motels or the few very old hotels that still survive. according to Mita, is a "five-star resort" with "only one five-star hotel" the 200-plus-year-old Congress Hall . Eustace Mita is the chairman of the company that wants to build the boardwalk hotel, called Icona Ocean City. MLP Ventures creates companies that utilize real estate as an integral part of their business, as well as internet-based marketplaces. In 2014 he was awarded Emerging Pharma Leader.. Submitting this form below will send a message to your email with a link to change your password. He currently serves on the Board of Trustees of the University of Maryland Foundation and was appointed in 2016 to the Life Sciences Advisory Board by Governor Lawrence J. Hogan, Jr. Additionally, Dr. Chacn is the founding chair of The Board of Visitors of the University of Maryland Graduate School. 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. They are part of the Executive team within the C-Suite Department and their management level is C-Level. Both proposals presented conceptual designs that show a grand building of a size that dwarfs any rival in either city. 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. Mita walked the council through the other hotels in the Icona brand: Icona Diamond Beach, his first hotel property in Cape May County, Icona Avalon, Icona Cape May and others. Feb 27, 2023 An artist's rendering gives a beachfront view of the grand hotel being proposed by Eustace Mita, owner and chief executive officer of Icona Resorts, in Ocean City. Popular Searches Icona Resorts Icona ICONA Diamond Beach Coastal Blue Oceanside Bar & Grill We are eating our own livelihood, Mita said more than once. NOTE: Please consider a digital subscription or contribution. Then in 1989, he joined forces with his uncle, who founded a company called Half a Car, which revolutionized the car industry. Last updated months ago. Avalon, Dr. Marco Chacn is the Non-executive Chairman of the Board for The Center for Breakthrough Medicines and the Founder and former Chairman of Paragon Bioservices, Inc., a CDMO that specialized in process development and GMP manufacturing of viral vectors for gene therapy. If print publication is also desired, please proceed with the purchase of online publication and contact [email protected] regarding print publication. He and his wife had five children who over time have produced 14 grandchildren. Recently, Tony has pioneered the industrialization of advanced therapies including two FDA-approved cell and gene therapies. LeBow Innovation Series Welcomes: Eustace Mita, Chairman and CEO, Icona Resorts, Center for Innovation in Teaching and Learning, Dornsife Office for Experiential Learning. To accomplish your publication purchase, you must be logged-in as a website user: https://www.capemaycountyherald.com/users/signup. As an undergraduate at Southwestern University, Mr. that is degrading to another person.Be Proactive. Published submissions will remain published for as long as the website remains active, presumably at least one year. Alan spent 16 years at Bioreliance moving from the lab to quality, and eventual management of the Biotech Services Division, and later serving as Director Business Development. Cape May City Councilmade a clear replythat it was not interested in a redevelopment zone approach. "I've never seen any project where everybody's in favor," Mita said. Developer Eustace Mita has developed Icona branded hotels in Avalon, Diamond Beach and Cape May. "I'd be very concerned about the roads," Brooke Vitale, who visits from Egg Harbor Township, said. Most recently, Mandy led the successful launch of QIAGEN's QIAcuity Digital PCR portfolio in North America where she oversaw market strategy and commercial activities, including creation of a specialized commercial team and customized training for a large matrix sales organization. is General Counsel at Center for Breakthrough Medicines. Eileen Brett is the Vice President of Program Leadership at The Center for Breakthrough Medicines. Icona would need to acquire a city-owned parking lot just off the boardwalk between 5th and 6th streets to make the project viable. Mita has multiple hotels in Cape May County, and builds high-end private homes under the company Achristavest. A $150 million luxury hotel has been proposed near the Ocean City Boardwalk. Most recently she was the Head of CMC Leadership Biotherapeutics for Janssen R&D. There are so many great beach towns not just in New Jersey, but the entire country. An immersive business education designed for the driven and determined. He is an experienced industry leader in life sciences, specifically, biologics and advanced therapies. Icona Resorts wants to build a 325-room luxury hotel along the beach in Ocean City. The cookie is used to store the user consent for the cookies in the category "Analytics". ICONA Resorts CEO Eustace Mita, Lt. Gov. Tony has extensive experience with small and large molecules including biologics, biosimilars, and cell and gene therapies. Yeontae has a Degree in Economics from University College London. OCEAN CITY Raj Khatiwala has about two weeks before he can start work on 801 Asbury Ave., a high-rise office building downtown. This is the name that will be displayed next to your photo for comments, blog posts, and more. Alan Moore is Chief Strategy Officer at The Center for Breakthrough Medicines. These cookies track visitors across websites and collect information to provide customized ads. 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. Under his leadership, MLP Ventures has developed millions of square feet of laboratory, office, industrial, retail and residential real estate throughout the Northeast. . Eustace has an uncanny ability to coordinate and focus a teams energies. History Developer and CEO of ICONA Resorts Eustace Mita had ties to Avalon, New Jersey long before he began building hotels. Achristavest's luxury waterfront homes can be found throughout New Jersey's spectacular shoreline including Longport, Ocean City, Cape May, Avalon, and Stone Harbor. Kim Guadagno, Assemblyman Bruce Land, and State Sen. Jeff Van Drew celebrate the grand opening of the ICONA Golden Inn. 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. Ocean Citys mayor announced Tuesday that he can not and will not support a proposal by Icona Resorts for a $150 million, 325-room beachfront hotel in the popular Jersey Shore town. 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. Mita said that Ocean City had about 3,000 hotel rooms in 2000. / CBS Philadelphia. They haven't had a new hotel there in more than half a century. The two heads of the project, Ocean City Mayor Jay Gillian and Icona Resorts CEO Eustace Mita. Thoughts? 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. Prior to that, Brian worked at Pall Corporation selling bioprocess equipment and consumables for 3+ years as well as Berkshire Sterile Manufacturing selling drug product contract manufacturing services. For more coverage, subscribe to our daily newsletter. This isn't the type of stuff you normally hear, it goes straight to the heart. She also helped create the overall testing business strategy, drove tactical implementation plans and monitored key milestones to drive delivery of strategic objectives. Cookie Settings/Do Not Sell My Personal Information. Ocean City mayor opposed to boardwalk hotel proposal. Many resort towns on both coasts have upscale hotel accommodations either on or near the ocean. 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. Icona Resorts is expanding to its Jersey Shore portfolio, buying the 57-year-old oceanfront Windrift Hotel in Avalon. Prior to CBM, Jeet has successfully led Tech Ops IT organization In Atara Bio, and the Manufacturing and PD IT at Kite Pharma. Explore Careers > Jeet has led several data strategy initiatives and digital transformation initiatives by driving the adoption of latest data collection and management technologies leading to paperless compliant functions, and operational efficiency gains. 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. 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. 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. Its this desire to pursue only those efforts which derive the most impact and provide the greatest results to both Achristavest and its customers, which drive his efforts. Please subscribe today to NJ.com. A proposed oceanfront hotel that would be built next to Gillian's Pier in Ocean CityDSA Architects, Inc. Mita, the CEO of Icona Resorts, which operates eight other luxury hotels in Atlantic and Cape May counties, said the number of hotel rooms available in Ocean City has plummeted as older motels got knocked down and new condos and massive homes were built. The location is between 5th and 6th Streets between Ocean City High School and the beach. 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? Broadening our geographic footprint, we also develop and build residential properties in beautiful locales like Nantucket, Massachusetts, Chesapeake Bay, Maryland, and Park . "We're very excited about it," Mita said. The cookie is used to store the user consent for the cookies in the category "Performance". Icona in Avalon via Google Maps. Windy with light rain likely. Prior to Lonza, Emily worked in multiple areas of operations at Sanofi Pasteur. UPDATE: Construction Worker Found Dead After Balcony Collapse, Ocean City Winery Gets OK from CMCo Agriculture Board, DRBA to Replace 3 100-Car Ferries with 4 75-Car Ferries, New Terminal Building Proposed for Cape May Airport, Upper Audience Given Timeout at Raucous Meeting, Lower Police, Prosecutor Announce 2nd Arrest in 2 Weeks for Child Porn. He has completed the acquisition and leasing of millions of square feet of real estate throughout the United States. Renderings of the hotel provided by DAS Architects show the hotel would be about eight stories tall. It's a plan that impacts millions of borrowers who could see their loans wiped away or reduced. An artist's rendering of a proposed oceanfront hotel in Ocean City. Submissions may contain links including do-follow links. In 2014 he was awarded Emerging Pharma Leader.. Analytical cookies are used to understand how visitors interact with the website. Mita told council his business would become the highest taxpayer in the city. 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 week's council. Jennifer built and led the Sales Training Department at Human Genome Sciences where she helped successfully launch BENLYSTA and spent 14 years at Abbott (AbbVie) where she helped successfully launch HUMIRA for 5 indications. Joerg has a passion for saving lives which is his main motivator to work in healthcare. 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. If you already have an account (i.e. ICONA Golden Inn 7849 Dune Drive 609-368-5155 icona.com/golden-inn/ Cheryl also was one of the founding team members of Integral Molecular, a Philadelphia start-up MAb discovery company, contributing initially in a technical capacity leading platform development and then transitioned to lead the marketing and commercial strategy for the organization. His prior roles also included responsibility for Supply Chain for Baxter Bioscience. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. Cape May, Formerly, Chacn served as Assistant Vice President of Industry Alliances at the University of Maryland, Baltimore. 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. Mr. 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. Mita is a partner of Mayor Jay Gillian's Wonderland Pier, which is located right next to the would-be resort. "We're very excited about it," Mita said. Life was good. Three of those rank among the top 75-ranked hotels in the country. ICONA CEO Eustace Mita recently presented an elaborate plan for a resort hotel complex in Cape May City. Artist's rendering of the proposed Ocona Ocean City resort hotel overlooking the beachfront. Eustace Mita, current CEO and Chairman for ICONA Resorts, is also an Archbishop John Carroll Alumni. Mayor Jay Gillian has come out against the controversial luxury hotel proposed by Icona Resorts CEO Eustace Mita. ICONA Resorts. Threats of harming another Emily Moran is Vice President of Vector Manufacturing at Center for Breakthrough Medicines. 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 this role, Jennifer engaged with over 40 vaccine and gene therapy companies, negotiated strategic contracts, and more than doubled the business each year. 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.. 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 week's council meeting. ", We dont want it to be the nicest in Ocean City, we want it to be the nicest on the East Coast, Mita told the council. You also have the option to opt-out of these cookies. Get up-to-the-minute news sent straight to your device. 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 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. 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. Email notifications are only sent once a day, and only if there are new matching items. 2023 CBS Broadcasting Inc. All Rights Reserved. I have traveled all over the United States and most of the world. He enjoys leading teams to achieve unprecedented performance levels and to create a work environment where people bring their best. He possesses more than 15 years of clinical research and cell therapy experience including positions at The Wistar Institute, Janssen Pharmaceuticals, and GlaxoSmithKline. Dennis Twp, The property is next to Gillians Wonderland Pier, an amusement complex owned by Ocean City Mayor Jay Gillian and Icona CEO Eustace Mita. The Jersey Shore is notorious for charging for access to the beaches. Your account has been registered, and you are now logged in.