Developer proposes $150 million hotel for Ocean City Boardwalk. Eustace can be found on the beach with his beautiful wife, Susie, their five children, and their families, including their sixteen grandchildren. But there are a few that let you get in for free. 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. 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. 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. 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. Prior to joining Paragon, Sybil was part of the Single Use Technologies Business Unit at Pall, supporting upstream customers to adopt innovative single-use bioreactor technologies for the production of advanced therapies including AAV gene therapies, oncolytic viruses, and cell therapies. Email notifications are only sent once a day, and only if there are new matching items. ICONA Resorts is based in Wildwood, New Jersey. person will not be tolerated.Be Truthful. As an undergraduate at Southwestern University, Mr. These cookies track visitors across websites and collect information to provide customized ads. Sybil obtained her B.A. 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. Icona Resorts operates eight hotels in Avalon, Cape May and the Diamond Beach section of Lower Township. 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. Tony has led the creation of Project Farmas Advanced Therapy Manufacturing Playbook which has helped develop the largest cell and gene therapy manufacturing footprint in the world. 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. Well, that's about to change in America's Greatest Family Resort Ocean City, New Jersey. He enjoys leading teams to achieve unprecedented performance levels and to create a work environment where people bring their best. The proposal for the 325-room hotel was presented last Thursday to Ocean City's council. He is an experienced industry leader in life sciences, specifically, biologics and advanced therapies. 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OCEAN CITY Developer and hotelier Eustace Mita brought a proposal for a $175 million luxur. His purpose was to show the dedication of the Icona brand to quality in both structure and customer experience. 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. Mita has multiple hotels in Cape May County, and builds high-end private homes under the company Achristavest. Sign up for our newsletter to keep reading. Eileen Brett is the Vice President of Program Leadership at The Center for Breakthrough Medicines. "I've never seen any project where everybody's in favor," Mita said. Choose wisely! 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. a Fortune 500 company. "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. 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. The former Beach Theatre in Cape May, once a popular place to catch a movie at the Jersey. 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? It would need to acquire the land and gain multiple approvals before beginning construction.DSA Architects, Inc. Our journalism needs your support. 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. Eustace Mita is the Chairman and CEO of Icona Resorts, Chairman of Mita Management, and CEO of Achristavest, LLC. Hear New Jerseys favorite best friends anytime, anywhere and any day of the week. Submissions may contain links including do-follow links. Two decades later, he estimated the city had about 750 rooms. Prior to Fujifilm, Jennifer advanced global capabilities for industry leading CDMOs including Lonza, DSM Biologics, Alcami Corporation and Patheon. 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. Eustace has an uncanny ability to coordinate and focus a teams energies. This cookie is set by GDPR Cookie Consent plugin. She earned an MBA from The Wharton School, University of Pennsylvania and a BS in Mechanical Engineering from Villanova University. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". You also have the option to opt-out of these cookies. Plans for a $150 million hotel on the Ocean City Boardwalk are on hold. Eustace Mita, poses for a photo in front of a former theater along Beach Ave. in Cape May, N.J. Wednesday, April 20, 2022. each comment to let us know of abusive posts.Share with Us. His tenure as Chairman and CEO at Achristavest follows a successful career path in a multitude of businesses with a focus on real estate. 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. It currently owns and operates three year-round, beachfront properties, and four food and beverage outlets. Read more Jose F. Moreno/ Staff Photographer by Nora Macaluso, For The Inquirer Updated May 5, 2022 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. More recently Dr. Wilsons laboratory has focused on improved vectors for gene therapy and clinical applications of genome editing and mRNA. 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. Analytical cookies are used to understand how visitors interact with the website. "Ocean City has a special, special place in my heart," said Mita, a father of five and grandfather of 17. Click here to follow Daily Voice Cape May and receive free news updates. or anything.Be Nice. Ocean City Mayor Jay Gillian opposed his business partner's proposed $150 million luxury hotel. Icona Resorts operates eight hotels in Avalon, Cape May and the Diamond Beach section of Lower Township. Developer Eustace Mita has developed Icona branded hotels in Avalon, Diamond Beach and Cape May. 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. "We're grateful that Eustace and his family will continue our dad's and our uncle's legacy. And for 15 years, he had set his sights on the Golden Inn, the iconic beachfront hotel in Avalon, N.J. Please subscribe to keep reading. The artist's renderings of possible variations on the project were presented to the City Council on Thursday, Feb. 23. An artists 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. This purchase is for online publication only. Winds E at 20 to 30 mph. accounts, the history behind an article. Chance of rain 100%. 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. Icona Resorts CEO Eustace Mita described his plan to purchase and develop the municipal land between Fifth and Sixth streets, which is currently a large public parking lot. This cookie is set by GDPR Cookie Consent plugin. 2023 CBS Broadcasting Inc. All Rights Reserved. Audrey is passionate about supporting her community and serves on several non-profit boards including the King of Prussia Business District and is currently an Emissary for Select Greater Philadelphia, a division of the Philadelphia Chamber of Commerce responsible for attracting business to Greater Philadelphia. Mr. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). . 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. All of MLP companies and real estate recycle existing buildings, which often require environmental remediation. Sponsored Content Articles Policy & Procedure. 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. Sorry, there are no recent results for popular videos. 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. YouTubes privacy policy is available here and YouTubes terms of service is available here. ICONA Resorts. 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. Gross brings over 20 years of combined legal experience to CBM. The lunches are https://www.capemaycountyherald.com/site/comment_standards.html. Cape May City Councilmade a clear replythat it was not interested in a redevelopment zone approach. Big Joe shares New Jerseys recipe: Briodys Famous Corned Beef, The 4 best ethnic eateries in NJ that arent Italian, The crazy things you can barter for on Central Jersey Craigslist, The latest Bigfoot sighting in New Jersey photo & video, 64-year-old Madonna is dating 29-year-old stud from NJ, Heres whats REALLY fishy about all the dead whales in NJ (Opinion), Equal Employment Opportunity Policy and EEO Report. Published submissions will remain published for as long as the website remains active, presumably at least one year. 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. Ocean City, 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. There was a problem saving your notification. Many resort towns on both coasts have upscale hotel accommodations either on or near the ocean. Questions? This was not Mitas first attempt to bring his hotel brand to Ocean City. Ocean City, The fee for publication via this portal is $100. This is my hometown, he said. Requests for other urls/sections deemed relevant to the submission will be honored. The owner of the Icona Resorts has reportedly formed a partnership with Gillian's Wonderland Pier to help the pier out of financial difficulty. OCEAN CITY - 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. Dana has over a 20-year career in biotechnology and cell and gene therapy with leadership roles in Laboratory Operations and Project Management, with focus on designing processes and testing programs to drive sustainable growth and profitability. 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. "We're eating our own livelihood," Mita said. But many residents and visitors CBS Philadelphia talked to have concerns. The most common Icona Resorts email format is [first_initial] [last] (ex. 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 obtained his Bachelor of Science from Northern Arizona University and MBA from Walsh College. ICONA Golden Inn 7849 Dune Drive 609-368-5155 icona.com/golden-inn/ A $150 million luxury hotel has been proposed near the Ocean City Boardwalk. Drexel LeBow welcomes Eustace Mita, Chairman and CEO of Icona Resorts. 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. Jobs Number of Current Jobs 1 Eustace, class of '73, is making substantial advancements to ICONA Resorts. Three of those rank among the top 75-ranked hotels nationwide. 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. Please subscribe today to NJ.com. In his early years, Eustace started a company, Mita Leasing, which became one of the top ten leasing companies on the east coast. All three properties have been recognized among the top 50 hotels in The United States on Trip Advisor. But he has previously expressed opposition to high-rises along the Boardwalk. Submissions will not be processed for publication without advance payment. By default, approved/paid submissions will be published to the "Lifestyle" section of the website. "We can't sit up here and say I married a great Irish girl and . Find Eustace Mita's accurate email address and contact/phone number in Adapt.io. 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. Gross was an NCAA All-American collegiate baseball player, graduating with high honors and Phi Beta Kappa. Chance of rain 80%. NEW: Ocean City's mayor says he cannot support the proposal. There is no greater centralization of expertise. In this role, Jennifer engaged with over 40 vaccine and gene therapy companies, negotiated strategic contracts, and more than doubled the business each year. Icona Resorts is expanding to its Jersey Shore portfolio, buying the 57-year-old oceanfront Windrift Hotel in Avalon. 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. It does not store any personal data. 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. Joerg Ahlgrimm is the Chief Executive Officer of SK Pharmteco. Learn about Icona Inc's culture, see what work's like, read reviews, and find job opportunities. Mike has his MBA with an emphasis in Biotechnology and Health Industry from Penn State University and attended the University of the Sciences in Philadelphia where his field of study was Pharmacology and Toxicology. Then his interests shifted more to real estate and hotels. 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. PLEASE BE ADVISED: Soon we will no longer integrate with Facebook for story comments. A $150 million luxury hotel has been proposed near the Ocean City Boardwalk. 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. 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. 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. "We're excited about the prospects.". An artist's rendering of a proposed oceanfront hotel in Ocean City. Eustace Mita is the Chairman and CEO of Icona Resorts, Chairman of Mita Management, and CEO of Achristavest, LLC. Founded in 2013, ICONA Resorts is a hospitality management, development & licensing company. Both Mita and critics of the proposal say it could reshape Ocean City if built. OCEAN CITY Raj Khatiwala has about two weeks before he can start work on 801 Asbury Ave., a high-rise office building downtown. Audreys area of expertise is in capital structure, business formation, acquisitions, strategic planning and tactical execution. Image courtesy: DSA Architects, Inc.DSA Architects, Inc. The Icona Resorts is looking to build a $150 million beachfront resort with 325 rooms along the Ocean City Boardwalk. ICONA Resorts has hotels throughout Cape May County. "The Windrift is one of the most recognized and beloved hotels in South Jersey. The GMP programs inspected supported the following manufacturing products: Viral Vector Products (11), Gene Mediated Cell Therapy Products (8), and Cell Therapy Products (12). He said that if the proposal went forward, Icona would become the highest taxpayer in Ocean City. "After consideration of the ICONA presentation to City Council at their February 23 public meeting, I spoke to Eustace Mita to express my concerns," Gillian said in a Tuesday, Feb. 28, letter posted on the city's website. She is experienced in gene therapy and large scale biologics manufacturing, aseptic processing and filling, supply chain and demand planning, and quality auditing, all with a focus on operational excellence. This cookie is set by GDPR Cookie Consent plugin. They haven't had a new hotel there in more than half a century. He has worked with small and large life science organizations including startups, academic centers, financial institutions and CMOs/CROs. Cheryl has a dual MS in Biochemistry from University of Mumbai & in Molecular Biology from Virginia Tech. Alan Moore is Chief Strategy Officer at The Center for Breakthrough Medicines. But it isn't clear yet whether or not Cape May will love him back. PHL17's Alyssa Sullivan has the story. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
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