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. Avi Nandi is the Head of Process Development at The Center for Breakthrough Medicines. Eustace Mita, chairman and CEO of Avalon-based Icona Resorts did not return requests for comment. If print publication is also desired, please proceed with the purchase of online publication and contact Advertise@cmcHerald.com regarding print publication. Over the past decade, the firearm suicide rate among young people has increased faster than among any other age group. 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. Only content submissions which satisfy our conditions for publication will be published. OCEAN CITY Raj Khatiwala has about two weeks before he can start work on 801 Asbury Ave., a high-rise office building downtown. Avalon, "We haven't had a new hotel here in over half a century. Your account has been registered, and you are now logged in. Eustace can be found on the beach with his beautiful wife, Susie, their five children, and their families, including their sixteen grandchildren. 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, 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. Please subscribe to keep reading. It would need to acquire the land and gain multiple approvals before beginning construction.DSA Architects, Inc. Our journalism needs your support. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (each updated 1/26/2023). Mr. Icona Resorts operates eight hotels in Avalon, Cape May and the Diamond Beach section of Lower Township. Cape May City Councilmade a clear replythat it was not interested in a redevelopment zone approach. Jennifer Manning is the Senior Vice President of Global Strategic Partnerships at The Center for Breakthrough Medicines. Amiel Gross, Esq. Ocean City, Dennis Twp, Dr. Lee previously built the Cell Therapy Platform team at Janssen Pharmaceuticals. 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. The fee for publication via this portal is $100. Use the 'Report' link on View contact profiles from ICONA Resorts Eustace Mita, CEO/Chairman, from ICONA Resorts shares the secret to creating an amazing hotel business. Residents say it's a proposal the city has to consider carefully. 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 three properties have been recognized among the top 50 hotels in The United States on Trip Advisor. Submissions requiring additional support services e.g., to amend content or to effect payment will not be published. Icona Resorts Looking to Build a 325-unit $150 Million Beachfront They said that the number of hotel rooms in Ocean City has gone from 3,000 in the year 2000 to around 750 now and they're not taking advantage of the city's main appeal, which is tourism. 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. Your e-mail address will be used to confirm your account. 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. Eustace Mita Jr. - COO @ ICONA Resorts - Crunchbase Person Profile Builder/developer Eustace Mita proposes to build a $150 - $175 million hotel in classic, turn-of-the-century style in the city-owned lot next to Wonderland Pier. Icona Inc Company Culture | Comparably This is the name that will be displayed next to your photo for comments, blog posts, and more. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Icona Resorts, the developer behind multiple luxury hotels at the Jersey Shore, is seeking to build a massive project on the Ocean City Boardwalk next to Gillian's Wonderland Pier. Mayor Opposes Plan For Luxury Hotel on Ocean City Boardwalk 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. 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. million for the property in bankruptcy court. Cape May hotel owners are modernizing while respecting the city's 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. Dean Vibhas Madan, Phd, and Mita discuss Mitas entrepreneurial journey and how the hotel and hospitality industry is coping with COVID-19. 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. 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. His purpose was to show the dedication of the Icona brand to quality in both structure and customer experience. 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. The property is next to Gillian's Wonderland Pier, an amusement complex owned by Mita and Ocean City Mayor Jay Gillian. 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. in Biology from the University of Rochester and her M.S. Submissions must conform to our comment standards (https://www.capemaycountyherald.com/site/comment_standards.html) and must constitute appropriate use of the English language. 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. They are part of the Executive team within the C-Suite Department and their management level is C-Level. ICONA Resorts. Most recently she was the Head of CMC Leadership Biotherapeutics for Janssen R&D. PHL17's Alyssa Sullivan has the story. 2023 CBS Broadcasting Inc. All Rights Reserved. An entrepreneur and a businessman at heart, Eustace is the driving force behind Achristavest. 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. 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. Jennifer has over 25 years of bioprocessing and cell and gene therapy experience with specific expertise in commercial leadership, business development, strategy, and alliance management. February 26, 2023 / 7:08 PM The city would also have to change zoning laws because hotel development is banned on the boardwalk. The Icona Resort was proposed by Eustace Mita at last week's Ocean City Council meeting. "We can't sit up here and say I married a great Irish girl and . 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. Submissions will not be processed for publication without advance payment. Eustace Mita is the chairman of the company that wants to build the boardwalk hotel, called Icona Ocean City. 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. "We're very excited about it," Mita said. Eustace Mita's email & phone | ICONA Resorts's Chief Executive Officer {{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. Mayor Jay Gillian has come out against the controversial luxury hotel proposed by Icona Resorts CEO Eustace Mita. Cape May hotel owners are modernizing while respecting the city's Mita would also need to the city to waive zoning laws that ban hotels along the boardwalk. There was a problem saving your notification. Emily enjoys leading and developing large, high-performing teams and building patient and asset centricity. 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 owner: Opposition will likely derail plans for Boardwalk hotel in 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. 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. 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. 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. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. And, most importantly, Eustace maintains a vast team of construction and real estate professionals who help make Achristavests custom homes a reality. He has completed the acquisition and leasing of millions of square feet of real estate throughout the United States. "So to me, this is a one in a lifetime, once in 100 year opportunity.". "We're eating our own livelihood," Mita said. Formerly, Chacn served as Assistant Vice President of Industry Alliances at the University of Maryland, Baltimore. OC Mayor opposed to huge resort proposal - Regional Media News Plans presented at the council meeting show a multistory property that encompasses an entire block, with an enclosed rooftop pool and retail space along the Boardwalk, along with a central gazebo and an open area. And for 15 years, he had set his sights on the Golden Inn, the iconic beachfront hotel in Avalon, N.J. Sign up for our newsletter to keep reading. Dana Cipriano is Vice President of Testing and Analytical Services The Center for Breakthrough Medicines. Speakers Eustace Mita and Kim Guadagno at the grand-opening celebration. By mutual agreement, editorial services may be provided for an additional charge; otherwise, advance payment rendered will be deemed a non-refundable service charge. Eustace Mita is the Chairman and CEO of Icona Resorts, Chairman of Mita Management, and CEO of Achristavest, LLC. Gillian's Wonderland Pier Announces Partnership With Icona Resorts Higher wind gusts possible.. Windy with rain earlythen remaining cloudy with showers overnight. Mita said that Ocean City had about 3,000 hotel rooms in 2000, but construction of large homes and condos has dropped the number to about 750. Admissions experts with one goal to help you soar like a Dragon. View our print e-Edition publication online here! Renderings of the hotel provided by DAS Architects show the hotel would be about eight stories tall. Cookie Settings/Do Not Sell My Personal Information. 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. That designation, Mita said at the time, would cut two years off the time for developing the property. Eustace W Mita Net Worth (2023) | wallmine This cookie is set by GDPR Cookie Consent plugin. Get browser notifications for breaking news, live events, and exclusive reporting.