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Both Mita and critics of the proposal say it could reshape Ocean City if built. "We're excited about the prospects.". 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. The two heads of the project, Ocean City Mayor Jay Gillian and Icona Resorts CEO Eustace Mita. If print publication is also desired, please proceed with the purchase of online publication and contact Advertise@cmcHerald.com regarding print publication. 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. Dana Cipriano is Vice President of Testing and Analytical Services The Center for Breakthrough Medicines. The fee for publication via this portal is $100. Invalid password or account does not exist. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. You can now listen to Dennis & Judi On Demand! Thoughts? February 26, 2023 / 7:08 PM "So to me, this is a one in a lifetime, once in 100 year opportunity.". PLEASE BE ADVISED: Soon we will no longer integrate with Facebook for story comments. Eustace Mita, chairman and CEO of Avalon-based Icona Resorts did not return requests for comment. Low around 45F. Don't knowingly lie about anyone Ocean City, Icona would need to acquire a city-owned parking lot just off the boardwalk between 5th and 6th streets to make the project viable. We won't share it with anyone else. 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. Keep it Clean. Sold (or bought if negative) in USD MITSUI & CO . His research career spanning over 40 years has focused on rare diseases and ways to treat them by gene therapy. Other Videos FNA 86: Smooth As Glass. Published submissions will remain published for as long as the website remains active, presumably at least one year. They sure have proven their ability to do it. "We can't sit up here and say I married a great Irish girl and . He enjoys leading teams to achieve unprecedented performance levels and to create a work environment where people bring their best. Thunder possible. Icona Resorts operates eight hotels in Avalon, Cape May and the Diamond Beach section of Lower Township. of hospitality. Get the latest business insights from Dun & Bradstreet. Threats of harming another Board of Directors Brian O'Neill Executive Chairman Joerg Ahlgrimm Director Yeontae Kim Director Richard Heany Director Eustace Mita Director Advisors James M. Wilson, MD, PhD Chief Scientific Advisor Marco Chacon, PhD Advisor Tony Khoury Advisor Join the breakthrough. She also helped create the overall testing business strategy, drove tactical implementation plans and monitored key milestones to drive delivery of strategic objectives. 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.. Prior to this, Mandy was a key contributor to Bio-Rad Laboratories's strategic focus in the BioPharma market, where she created a BioPharma-focused commercial team that spear-headed the company's early entry to the cell and gene therapy space. Explore Careers > 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.". No application has subsequently come before the Planning Board. Very happy as the 6th happiest state in the U.S. Why forced tips need to change on food delivery apps in NJ. Icona Resorts' massive eight-story hotel proposed for a plot of land between Ocean City High School and the beachfront would feature 325 rooms, a pool overlooking the boardwalk, upscale shops and more. Prior to WuXi, he served as Executive VP and Chief Business Officer at Althea Technologies following his service at Genzyme where he held a Senior Regulatory Coordinator and VP of Biopharm Development Services position. "We're very excited about it," Mita said. ICONA CEO Eustace Mita recently presented an elaborate plan for a resort hotel complex in Cape May City. Rich Heany is the President of MLP Ventures and has over 25 years of experience in real estate acquisitions, development, leasing and deal structuring. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Mr. "There hasn't been a new hotel in Ocean City in over half a century," Mita said. Here are 10 houses along New Jersey's coastline for an Insta-ready beachfront staycation. He spoke of meeting his wife in Ocean City and raising five children there. His tenure as Chairman and CEO at Achristavest follows a successful career path in a multitude of businesses with a focus on real estate. This end of the boardwalk needs an anchor to give it class we know it deserves., "Every facility that's designed by Mr. Mita and his organization has sustainable significant luxury design," a lawyer for the developer told the council. Upon request to Advertise@cmcHerald.com a link to the published article will be transmitted via email. ICONA Resorts Owns and operates three beachfront resorts throughout New Jersey. Earlier this year, And, most importantly, Eustace maintains a vast team of construction and real estate professionals who help make Achristavests custom homes a reality. Jennifer earned a Bachelors degree in Biological Sciences from Clemson University and a Master of Public Administration, Health Policy and Management from New York University. 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. Eustace Mita is the Chairman and CEO of Icona Resorts, Chairman of Mita Management, and CEO of Achristavest, LLC. We also use third-party cookies that help us analyze and understand how you use this website. You have permission to edit this article. Requests for other urls/sections deemed relevant to the submission will be honored. He has completed the acquisition and leasing of millions of square feet of real estate throughout the United States. "We're grateful that Eustace and his family will continue our dad's and our uncle's legacy. Alan oversees new client development and on-boarding, building strategic partnerships and collaborations. Ocean City mayor opposed to boardwalk hotel proposal. Madeleine Wright is a bilingual general assignment reporter for CBS3 Eyewitness News. 2023 CBS Broadcasting Inc. All Rights Reserved. Joerg Ahlgrimm is the Chief Executive Officer of SK Pharmteco & Board Member at The Center for Breakthrough Medicines. He said the erosion of hotel rooms in Ocean City, a result of what he termed condomization of previous hotel space, is a danger to an economy built on tourism. Developer Eustace Mita has developed Icona branded hotels in Avalon, Diamond Beach and Cape May. Three of those rank among the top 75-ranked hotels nationwide. ICONA Golden Inn 7849 Dune Drive 609-368-5155 icona.com/golden-inn/ Audrey has an MBA from The Wharton School and is a registered CPA in Illinois. 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. Eustace Mita, chairman and chief executive officer of Icona Resorts, went before City Council on Feb. 23 with his plan to build a 325-room hotel that would cost about $150 million to develop. But opting out of some of these cookies may affect your browsing experience. Neither Gillian nor Mita could be immediately reached Tuesday. Gillian didnt explain in his letter why he opposed the hotel. This focus provides for a reliable system centered on scrupulous execution and distinctive quality. each comment to let us know of abusive posts.Share with Us. "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.. Upper Twp & But it isn't clear yet whether or not Cape May will love him back. Ocean City's mayor has weighed in on the $150 million dollar 325-room boardwalk luxury hotel proposed by Icona Resorts CEO Eustace Mita. Mita says the project would actually create up to 400 new parking spots. Recently, Tony has pioneered the industrialization of advanced therapies including two FDA-approved cell and gene therapies. a Fortune 500 company. Drexel LeBow welcomes Eustace Mita, Chairman and CEO of Icona Resorts. YouTubes privacy policy is available here and YouTubes terms of service is available here. 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. An entrepreneur and a businessman at heart, Eustace is the driving force behind Achristavest. Only content submissions which satisfy our conditions for publication will be published. The company is also developing technology in the fields of immuno-oncology and gene therapy. And, we wish the Mita family the same good memories and success that we had at the Windrift." In April of 2019 Paragon Bioservices, Inc. entered into a definitive agreement of sale for $1.2 billion with Catalent. An Icona Resorts property, the hotel would dwarf its neighbors and rise eight stories in the center and cascade downward from there. Where do New Jersey honeymooners head to honeymoon? The Avalon-based Icona Resorts plans to build what its founder says would be Cape May's first new hotel in more than 50 years. 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. Joerg has a passion for saving lives which is his main motivator to work in healthcare. NJ.com reports that the family of Eustace Mita, the owner of the Icona properties, has formed a partnership with the Gillian family. Both would use the first floor for high-end retail. .I think it will grace the skyline.for many, many generations to come.". is General Counsel at Center for Breakthrough Medicines. Mr. Please subscribe today to NJ.com. Hear New Jerseys favorite best friends anytime, anywhere and any day of the week. million for the property in bankruptcy court. The property is next to Gillian's Wonderland Pier, an amusement complex owned by Mita and Ocean City Mayor Jay Gillian. The owner of an iconic attraction on the Ocean City boardwalk for nearly a century announced this week that he is partnering with the owner of another Jersey Shore resort business, a move that. Sponsored Content Articles Policy & Procedure. "We couldn't be happier to welcome the Windrift Hotel to the ICONA family," said ICONA Resorts Founder Eustace Mita. 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. Eustace Mita Jr. attended Boston College Carroll School of Management. Icona would need to acquire a city-owned parking lot just off the boardwalk between 5th and 6th streets to make the project viable. Gross earned his JD degree from the University of Texas School of Law where he attended on an NCAA academic scholarship. Then in 1989, he joined forces with his uncle, who founded a company called Half a Car, which revolutionized the car industry. I have traveled all over the United States and most of the world. Mita is a partner of Mayor Jay Gillian's Wonderland Pier, which is located right next to the would-be resort. Now, Mita is before the city with his proposal for a grand hotel, noting that the property today creates no revenue for the city. Previous: Angelo Camano Tony has extensive experience with small and large molecules including biologics, biosimilars, and cell and gene therapies. Submissions may contain links including do-follow links. She joined The Center for Breakthrough Medicines with 15 years of industry experience across both technical and commercial roles. Brian O'Neill is the Executive Chairman of the Board for The Center for Breakthrough Medicines and is the Founder, Chairman and CEO of MLP Ventures, a leading venture capital and real estate investment firm, and Recovery Centers of America. Find your future at CBM. Ocean City is known for its family-friendly atmosphere with a clean safe boardwalk and no alcohol-selling policy throughout this "dry" town. Eustace became President of the company and played a major role in expanding the company to over 18 countries with more than four thousand dealerships. Jeet Sarkar is the Vice President of Information Technology, at The Center for Breakthrough Medicines. ", 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. Cape May, CAPE MAY Icona Resorts is propos-ing a seven-story hotel on the site of the Beach Theatre on Beach Avenue. Mr. Mita is also Chairman of Mita Management, a company with interests in automotive and real estate, and is the Chief Executive Officer of Achristavest, LLC, a developer of waterfront properties in New Jersey, Nantucket, Maryland, Utah and Pennsylvania. 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. Ocean City's mayor has weighed in on the $150 million dollar 325-room boardwalk luxury hotel proposed by Icona Resorts CEO Eustace Mita. Sybil Danby, Senior Vice President of Business Development and Strategy. 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. "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. Renderings of the hotel provided by DAS Architects show the hotel would be about eight stories tall. Life was good. 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. He had attempted to purchase a historic bank structure in the city for use as a boutique hotel butlost out to a Philadelphia investorwho paid $6.6. . Jennifer Manning is the Senior Vice President of Global Strategic Partnerships at The Center for Breakthrough Medicines. ICONA Resorts Location 9701 Atlantic Ave, Wildwood, New Jersey, 08260, United States Description Industry Hospitality General Hospitality (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). 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. The lunches are https://www.capemaycountyherald.com/site/comment_standards.html. NEW: Ocean City's mayor says he cannot support the proposal. person will not be tolerated.Be Truthful. Sign up for our newsletter to keep reading. that is degrading to another person.Be Proactive. "Every aspect of design pays significant attention to detail. Our team brings a wealth of experience from biopharma and advanced therapy CDMOs, ensuring that there is no safer place for your product. It's unclear how the court will respond. Eustace Mita, CEO/Chairman, from ICONA Resorts shares the secret to creating an amazing hotel business. Submissions requiring additional support services e.g., to amend content or to effect payment will not be published. The most common Icona Resorts email format is [first_initial] [last] (ex. History Developer and CEO of ICONA Resorts Eustace Mita had ties to Avalon, New Jersey long before he began building hotels. 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. Chance of rain 100%. NOTE: Please consider a digital subscription or contribution. He and his wife had five children who over time have produced 14 grandchildren. Questions? Currently working as Chief Operating Officer at ICONA Resorts in New Jersey, United States. Mitas August Convention Center presentation to Cape May residents was the last public discussion of the Cape May hotel proposal. From an early age, Eustace Mita couldnt pass a model home or construction site without stopping by for a closer look. 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. ESE winds shifting to SSW at 25 to 35 mph. Submissions must conform to our comment standards (https://www.capemaycountyherald.com/site/comment_standards.html) and must constitute appropriate use of the English language. High 46F. Since he joined SK Inc. in 2013, Yeontae has been actively investing in the biopharmaceutical industry, especially in the CDMO sector. First published on February 26, 2023 / 7:08 PM. Avalon, Icona Resorts wants to build a 325-room luxury hotel along the beach in Ocean City. 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. 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. Find Eustace Mita's accurate email address and contact/phone number in Adapt.io. His business unit manufactured early personalized therapies in conjunction with the NCI for phase III clinical trials of B cell lymphoma and multiple myeloma. An artist's rendering of a proposed oceanfront hotel in Ocean City. Dean Vibhas Madan, Phd, and Mita discuss Mitas entrepreneurial journey and how the hotel and hospitality industry is coping with COVID-19. Currently, the property is used as a large parking lot owned by the city. Middle Twp, Residents say it's a proposal the city has to consider carefully. His desire to build a landmark structure at the heart of his brand was on display in both Cape May and Ocean City. Most recently, he worked at Catalent Cell and Gene Therapy responsible for gene therapy business development on the east coast US and Europe. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. But there are a few that let you get in for free. Mita told council his business would become the highest taxpayer in the city. Mita is a partner of Mayor Jay Gillian's Wonderland Pier, which is located right next to the would-be resort. An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. At ICONA Resorts we've done our best to capture the very essence of who we are and what we offer with one simple and elegant, yet powerful wordICONA. Avi Nandi is the Head of Process Development at The Center for Breakthrough Medicines. Analytical cookies are used to understand how visitors interact with the website. In addition to acquiring the land, Mita would also need to the city to waive zoning laws that ban hotels along the boardwalk. These cookies ensure basic functionalities and security features of the website, anonymously. 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. Eustace can be found on the beach with his beautiful wife, Susie, their five children, and their families, including their sixteen grandchildren. Three of those rank among the top 75-ranked hotels nationwide. We would very much like to bring it to the finish line, he added. In his early years, Eustace started a company, Mita Leasing, which became one of the top ten leasing companies on the east coast. OCEAN CITY Raj Khatiwala has about two weeks before he can start work on 801 Asbury Ave., a high-rise office building downtown. Click here to contact an editor about feedback or a correction for this story. "Ocean City is a family-oriented destination seashore for New Jersey and I think they would lose the quaintness and quietness of what this town has been for many, many years," said Bill Dougherty, who visits Ocean City from Audubon. index 1000 important lee registration wall .dismiss regwall, lee registration wall .title span, lee registration wall .lee reg content display none lee registration wall .modal content box shadow 0px 7px 15px 1px rgba 0.12 border 1px. It's a seven-story luxury hotel with 325 rooms that would change the skyline of Ocean City. / CBS Philadelphia. 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. The deeply experienced team at the Center for Breakthrough Medicines (CBM) is our greatest asset and yours too. Please subscribe to keep reading. 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 Windy with light rain likely. They haven't had a new hotel there in more than half a century. Find company research, competitor information, contact details & financial data for MITA PRACOWNIA USUG KSEROGRAFICZNYCH S C KALA ARKADIUSZ I S KA of Wrocaw, dolnolskie. The Icona Resort was proposed by Eustace Mita at last week's Ocean City Council meeting. Warm regards, Jay A. Gillian. In each city, Mita pointed to the loss of hotel space that is critical to the hospitality driven economy. 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. The Jersey Shore is notorious for charging for access to the beaches. In this role, Jennifer engaged with over 40 vaccine and gene therapy companies, negotiated strategic contracts, and more than doubled the business each year. Both would require an investment in the $150 million to $175 million range, with 10 years at least before the property could become profitable. 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. Stone Harbor, Cape May City Councilmade a clear replythat it was not interested in a redevelopment zone approach. 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. Broadening our geographic footprint, we also develop and build residential properties in beautiful locales like Nantucket, Massachusetts, Chesapeake Bay, Maryland, and Park . As Executive Vice President a at Project Farma, Tony has spearheaded the firms growth in the biologics and most recently next generation medicines. There are so many great beach towns not just in New Jersey, but the entire country. 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. Gross brings over 20 years of combined legal experience to CBM. Icona Resorts operates eight hotels in Avalon, Cape May and the Diamond Beach section of Lower Township. Necessary cookies are absolutely essential for the website to function properly. Lower Twp, You can cancel at any time. 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. The project, in Mitas concept, would bring a needed rejuvenation to that end of the citys boardwalk. It would need to acquire the land and gain multiple approvals before beginning construction.DSA Architects, Inc. Our journalism needs your support. 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. Two decades later, he estimated the city had about 750 rooms. All of MLP companies and real estate recycle existing buildings, which often require environmental remediation. 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.