Other Videos FNA 86: Smooth As Glass. An artist's rendering of a proposed oceanfront hotel in Ocean City. 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. Please subscribe to keep reading. He has completed the acquisition and leasing of millions of square feet of real estate throughout the United States. The fee for publication via this portal is $100. Dana Cipriano is Vice President of Testing and Analytical Services The Center for Breakthrough Medicines. Hear New Jerseys favorite best friends anytime, anywhere and any day of the week. All of MLP companies and real estate recycle existing buildings, which often require environmental remediation. OCEAN CITY Developer and hotelier Eustace Mita brought a proposal for a $175 million luxur. In April of 2019 Paragon Bioservices, Inc. entered into a definitive agreement of sale for $1.2 billion with Catalent. . Last year, Icona proposed a $150 million, 160-room hotel for a former theater site in Cape May but faced obstacles as reported here. This cookie is set by GDPR Cookie Consent plugin. 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 previously said hed eyed the city as a potential spot to expand his hospitality endeavors. These cookies track visitors across websites and collect information to provide customized ads. Icona. Half a Car became a powerhouse and eventually was sold in 2000 for many millions. Tony has extensive experience with small and large molecules including biologics, biosimilars, and cell and gene therapies. 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. 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. Founded in 2013, ICONA Resorts is a hospitality management, development & licensing company. She earned an MBA from The Wharton School, University of Pennsylvania and a BS in Mechanical Engineering from Villanova University. CBM has one of cell therapys most experienced teams and the largest single site facility in the industry. jdoe@icona.com), which is being used by 100.0% of Icona Resorts work email addresses. We also use third-party cookies that help us analyze and understand how you use this website. If you already have an account (i.e. If you forget it, you'll be able to recover it using your email address. In addition to acquiring the land, Mita would also need to the city to waive zoning laws that ban hotels along the boardwalk. 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. ICONA Resorts Owns and operates three beachfront resorts throughout New Jersey. The deeply experienced team at the Center for Breakthrough Medicines (CBM) is our greatest asset and yours too. Gross earned his JD degree from the University of Texas School of Law where he attended on an NCAA academic scholarship. "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.. To find out. The one thing you can't find in many Jersey Shore towns is swanky luxury beachfront hotels. CBMs viral vector capabilities efficiently and consistently delivers high yields in AAV, Lentivirus, HSV and Adenovirus vectors, accelerating the development of new therapies. 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. a Fortune 500 company. In 2013, that word would become the name for our collection of upscale beach resorts on the New Jersey shore. This is my hometown, he said. The cookie is used to store the user consent for the cookies in the category "Other. Read more Jose F. Moreno/ Staff Photographer by Nora Macaluso, For The Inquirer Updated May 5, 2022 He said that if the proposal went forward, Icona would become the highest taxpayer in Ocean City. Low around 45F. He possesses more than 15 years of clinical research and cell therapy experience including positions at The Wistar Institute, Janssen Pharmaceuticals, and GlaxoSmithKline. Mr. In this role, Jennifer engaged with over 40 vaccine and gene therapy companies, negotiated strategic contracts, and more than doubled the business each year. His desire to build a landmark structure at the heart of his brand was on display in both Cape May and Ocean City. Icona Resorts operates eight hotels in Avalon, Cape May and the Diamond Beach section of Lower Township. Yeontae Kim is the Executive Vice President and the Head of Bio Investment Center of SK Inc., a holding company for the South Korean conglomerate, SK Group. 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. Ocean City mayor opposed to boardwalk hotel proposal. Alan oversees new client development and on-boarding, building strategic partnerships and collaborations. An Icona Resorts property, the hotel would dwarf its neighbors and rise eight stories in the center and cascade downward from there. Icona Resorts CEO Eustace Mita described his plan to purchase and develop Continue reading Check out what the new . 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. ESE winds shifting to SSW at 25 to 35 mph. Since he joined SK Inc. in 2013, Yeontae has been actively investing in the biopharmaceutical industry, especially in the CDMO sector. Mita says the hotel would boost tourism, create hundreds of jobs and bring tax revenue to the city. 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. Prior to joining Kite, Jeet was the head of Takeda Biologics IT for all Biologics plants. 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. 27 Feb 2023 16:18:06 February 10, 2023. There was a problem saving your notification. 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. Then in 1989, he joined forces with his uncle, who founded a company called Half a Car, which revolutionized the car industry. Upon request to Advertise@cmcHerald.com a link to the published article will be transmitted via email. 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. Eustace Mita is the chairman of the company that wants to build the boardwalk hotel, called Icona Ocean City. Developer Eustace Mita has developed Icona branded hotels in Avalon, Diamond Beach and Cape May. Lower Twp, Avi Nandi is the Head of Process Development at The Center for Breakthrough Medicines. She joined The Center for Breakthrough Medicines with 15 years of industry experience across both technical and commercial roles. But he has previously expressed opposition to high-rises along the Boardwalk. Mr. Wildwood. This fee is non-refundable. 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. 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. Alan Moore is Chief Strategy Officer at The Center for Breakthrough Medicines. Life was good. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. 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. "We're grateful that Eustace and his family will continue our dad's and our uncle's legacy. 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. Eustace Mita is the chairman of the company that wants to build the boardwalk hotel, called Icona Ocean City. This is the name that will be displayed next to your photo for comments, blog posts, and more. Eustace can be found on the beach with his beautiful wife, Susie, their five children, and their families, including their sixteen grandchildren. Our website is directed to a U.S.-based audience; our content may not be accessible to some international audiences due to technology restrictions. Then his interests shifted more to real estate and hotels. Get the latest business insights from Dun & Bradstreet. There were 3,000 hotel rooms in Ocean City in 2000 and according to Mita there are now about 750. 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. 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. 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. But some residents say the boardwalk is not the right place for a resort-style hotel and could change the character of the city. Avalon, A $150 million luxury hotel has been proposed near the Ocean City Boardwalk. 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. is General Counsel at Center for Breakthrough Medicines. Sybil Danby, Senior Vice President of Business Development and Strategy. The two heads of the project, Ocean City Mayor Jay Gillian and Icona Resorts CEO Eustace Mita. ICONA Resorts. SVP of Testing Analytical Services, & Plasmids, SVP of Business Development for Testing & Analytics. 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. 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. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It currently owns and operates three year-round, beachfront properties, and four food and beverage outlets. R&D, PD, and Commercial systems for therapies involving biotechnology, plasma, autologous and allogenic cell and gene. 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. OCEAN CITY Mayor Jay A. Gillian said Tuesday he is choosing not to support a proposal by local hotel mogul Eustace Mita to build a 400,000-square-foot hotel between Fifth and Sixths streets near Ocean City High School and Gillians Wonderland Pier. Formerly, Chacn served as Assistant Vice President of Industry Alliances at the University of Maryland, Baltimore. 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. They haven't had a new hotel there in more than half a century. We would very much like to bring it to the finish line, he added. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. Dennis Twp, Icona Resorts is expanding to its Jersey Shore portfolio, buying the 57-year-old oceanfront Windrift Hotel in Avalon. If print publication is also desired, please proceed with the purchase of online publication and contact Advertise@cmcHerald.com regarding print publication. 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. 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. Threats of harming another 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. February 28, 2023. There is no greater centralization of expertise. Subscribe to our Daily Headlines newsletter. Middle Twp, CAPE MAY Icona Resorts is propos-ing a seven-story hotel on the site of the Beach Theatre on Beach Avenue. Prior to Lonza, he headed the Manufacturing network of Baxter Bioscience/Baxalta with 17 plants, a significant CMO network and the largest plasma collection division of the company. Mita said that Ocean City had about 3,000 hotel rooms in 2000. His purpose was to show the dedication of the Icona brand to quality in both structure and customer experience. For us, an icon is the symbol of the . He said three of his eight hotels are now in the top-75-rated properties on TripAdvisor in the nation. ICONA Resorts is based in Wildwood, New Jersey. 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. Two decades later, he estimated the city had about 750 rooms. View our print e-Edition publication online here! She has built marketing teams from the ground up and has led brand transformation initiatives for both small and large organizations, aligning messaging and marketing activities to the business strategy and commercial goals. 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. And for 15 years, he had set his sights on the Golden Inn, the iconic beachfront hotel in Avalon, N.J. 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. 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.. His tenure as Chairman and CEO at Achristavest follows a successful career path in a multitude of businesses with a focus on real estate. Submissions will not be processed for publication without advance payment. Gross brings over 20 years of combined legal experience to CBM. Last year, Icona proposed a $150 million, 160-room hotel for a former theater site in Cape May but faced obstacles as reported here. Now, Mita is before the city with his proposal for a grand hotel, noting that the property today creates no revenue for the 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. 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. 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? All three properties have been recognized among the top 50 hotels in The United States on Trip Advisor. 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. Eileen Brett is the Vice President of Program Leadership at The Center for Breakthrough Medicines. 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. Image courtesy: DSA Architects, Inc.DSA Architects, Inc. Eustace was the middle child in a family of five children. 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.