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Two decades later, he estimated the city had about 750 rooms. ICONA Resorts is based in Wildwood, New Jersey. If you forget it, you'll be able to recover it using your email address. PHL17's Alyssa Sullivan has the story. 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. They haven't had a new hotel there in more than half a century. 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. 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. The seven-story structure designed in the style of a turn-of-the-20th-century grand hotel Eustace, class of '73, is making substantial advancements to ICONA Resorts. ICONA Resorts. An artist's rendering of a proposed oceanfront hotel in Ocean City. Mita couldnt immediately be reached for comment Tuesday. Mita told council his business would become the highest taxpayer in 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. Sea Isle City, CAPE MAY Icona Resorts is propos-ing a seven-story hotel on the site of the Beach Theatre on Beach Avenue. 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. Ocean City's mayor has weighed in on the $150 million dollar 325-room boardwalk luxury hotel proposed by Icona Resorts CEO Eustace Mita. 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. Saying that Ocean City has not had a new hotel built for 50 years, Mita said he had the best possible site in mind for such a venture. 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. To accomplish your publication purchase, you must be logged-in as a website user: https://www.capemaycountyherald.com/users/signup. His tenure as Chairman and CEO at Achristavest follows a successful career path in a multitude of businesses with a focus on real estate. 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. Developer Eustace Mita has developed Icona branded hotels in Avalon, Diamond Beach and Cape May. Where do New Jersey honeymooners head to honeymoon? Sign up for our newsletter to keep reading. We won't share it with anyone else. Eustace Mita is the Chairman and CEO of Icona Resorts, Chairman of Mita Management, and CEO of Achristavest, LLC. 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. It would need to acquire the land and gain multiple approvals before beginning construction.DSA Architects, Inc. Our journalism needs your support. Our team brings a wealth of experience from biopharma and advanced therapy CDMOs, ensuring that there is no safer place for your product. The one thing you can't find in many Jersey Shore towns is swanky luxury beachfront hotels. She earned an MBA from The Wharton School, University of Pennsylvania and a BS in Mechanical Engineering from Villanova University. Mita is proposing to buy the city-owned land adjacent to Mayor Jay Gillians Wonderland Pier, which Mita invested in when the banks called millions of dollars in loans at the Pier. 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. And, we wish the Mita family the same good memories and success that we had at the Windrift." The Abdelsalams say they were unaware of the court proceedings hence the default judgment and did not have a physical lease with Icona after the property switched hands in 2019. R&D, PD, and Commercial systems for therapies involving biotechnology, plasma, autologous and allogenic cell and gene. 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. "So to me, this is a one in a lifetime, once in 100 year opportunity.". Sea Isle City, In 2014 he was awarded Emerging Pharma Leader.. Eustace Mita has lived a modern version of Job's experience. An entrepreneur and a businessman at heart, Eustace is the driving force behind Achristavest. The Icona Resort wa s proposed by Eustace Mita at last week's Ocean City Council meeting. Both proposals presented conceptual designs that show a grand building of a size that dwarfs any rival in either city. Click here to contact an editor about feedback or a correction for this story. $100 Million Hotel Slated for Cape May. Most recently, he worked at Catalent Cell and Gene Therapy responsible for gene therapy business development on the east coast US and Europe. Updated: Mar 2, 2023 / 08:26 AM EST. Opinions expressed in the post above are those of New Jersey 101.5 talk show host Dennis Malloy only. Icona already operates eight hotels in Avalon, Cape May and the Diamond Beach section of Lower Township. according to Mita, is a "five-star resort" with "only one five-star hotel" the 200-plus-year-old Congress Hall . She most recently served as Head of Viral Vector Manufacturing at Lonza in Houston Texas.While at Lonza, she facilitated the scale out and scale up of multiple clinical and commercial gene therapy programs as well as the expansion of the viral vector facility. accounts, the history behind an article. 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. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. 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. It's a plan that impacts millions of borrowers who could see their loans wiped away or reduced. February 28, 2023. But it isn't clear yet whether or not Cape May will love him back. "We're very excited about it," Mita said. jdoe@icona.com), which is being used by 100.0% of Icona Resorts work email addresses. I always kept a low profile, no wearing of our flag, no loud, inconsiderate or Townsends inlet - Great Job mayor at keeping our taxes at 0 now lets hope as commissioner director you can do the same with County Taxes since we dont get much back for being the highest taxed municipality in the Villas - Everyone is always complaining about the Villas and fare free transportation. Artist's rendering of the proposed Ocona Ocean City resort hotel overlooking the beachfront. "We're excited about the prospects.". Developer proposes $150 million hotel for Ocean City Boardwalk. He has a BS in Microbiology from Duquesne University, an MS in Molecular Biotechnology from the University of Pennsylvania and finance training from the Wharton School of Business. Icona Resorts Founder Eustace Mita said he has been pursuing the property for . Mita is a partner of Mayor Jay Gillian's Wonderland Pier, which is located right next to the would-be resort. Jobs Number of Current Jobs 1 He is the former Head of Global Operations Pharma and Biotech at Lonza AG where he was responsible for 37 sites on four continents. The company is also developing technology in the fields of immuno-oncology and gene therapy. The property is next to Gillian's Wonderland Pier, an amusement complex owned by Mita and Ocean City Mayor Jay Gillian. 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. ICONA CEO Eustace Mita recently presented an elaborate plan for a resort hotel complex in Cape May City. Sybil Danby, Senior Vice President of Business Development and Strategy. He possesses more than 15 years of clinical research and cell therapy experience including positions at The Wistar Institute, Janssen Pharmaceuticals, and GlaxoSmithKline. OCEAN CITY Eustace Mita seems set to roll up his plans and walk away from a proposal for a 325-room hotel on the Boardwalk at Fifth Street, , OCEAN CITY Gillians Wonderland is contesting a $10,151 fine from the federal Occupational Safety and Health Administration in connection wi. February 10, 2023. He is an experienced industry leader in life sciences, specifically, biologics and advanced therapies. 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. Gillian didnt explain in his letter why he opposed the hotel. Wildwood. 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. Over the past decade, the firearm suicide rate among young people has increased faster than among any other age group. But opting out of some of these cookies may affect your browsing experience. Expert faculty solving tomorrows problems today through cutting-edge research. If people would check out the Senior center, you would realize how important both work for the township. From an early age, Eustace Mita couldnt pass a model home or construction site without stopping by for a closer look. 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. ICONA Resorts Location 9701 Atlantic Ave, Wildwood, New Jersey, 08260, United States Description Industry Hospitality General Hospitality Submissions may contain links including do-follow links. Use the 'Report' link on Submissions must conform to our comment standards (https://www.capemaycountyherald.com/site/comment_standards.html) and must constitute appropriate use of the English language. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). She also helped create the overall testing business strategy, drove tactical implementation plans and monitored key milestones to drive delivery of strategic objectives. His desire to build a landmark structure at the heart of his brand was on display in both Cape May and Ocean City. We also use third-party cookies that help us analyze and understand how you use this website. Mike McCormick is the Vice President of Quality and Compliance at The Center for Breakthrough Medicines. Emily Moran is Vice President of Vector Manufacturing at Center for Breakthrough Medicines. Icona Resorts' massive eight-story hotel proposed for a plot of land between Ocean City High School and the beachfront . Explore Careers > Tony has extensive experience with small and large molecules including biologics, biosimilars, and cell and gene therapies. "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 wrote. Residents say it's a proposal the city has to consider carefully. February 26, 2023 / 7:08 PM New Jersey is more known for its old-style family motels or the few very old hotels that still survive. 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. Mitas August Convention Center presentation to Cape May residents was the last public discussion of the Cape May hotel proposal. Submissions will not be processed for publication without advance payment. 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. The seven-story, 325-room hotel would have a pool facing the ocean, a courtyard, a tree . Analytical cookies are used to understand how visitors interact with the website. Dean Vibhas Madan, Phd, and Mita discuss Mitas entrepreneurial journey and how the hotel and hospitality industry is coping with COVID-19. Very happy as the 6th happiest state in the U.S. Why forced tips need to change on food delivery apps in NJ. Prior to joining, Mike spent seven years as the V.P of Quality Assurance and Regulatory Affairs at WuXi Advanced Therapies and held similar leadership roles supporting the commercial manufacturing of API's. "I've never seen any project where everybody's in favor," Mita said. Mita presented his plan to City Council last week, touting the hotel as a way to transform the city. Avalon-based Icona Resorts has proposed investing about $100 million, according to news reports, . This purchase is for online publication only. More recently Dr. Wilsons laboratory has focused on improved vectors for gene therapy and clinical applications of genome editing and mRNA. a Fortune 500 company. 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 are eating our own livelihood, Mita said more than once. Community Rules apply to all content you upload or otherwise submit to this site. 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. Icona Resorts operates eight hotels in Avalon, Cape May and the Diamond Beach section of Lower Township. . 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. Cookie Settings/Do Not Sell My Personal Information. He oversaw the capital investment and capacity expansion for advanced therapies manufacturing at the Philadelphia Navy Yard campus. Subscribe to our Daily Headlines newsletter. The lunches are https://www.capemaycountyherald.com/site/comment_standards.html. The envisioned seven-story hotel would include 325 rooms and cost about $175 million. There were 3,000 hotel rooms in Ocean City in 2000 and according to Mita there are now about 750. 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. Image courtesy: DSA Architects, Inc.DSA Architects, Inc. The two heads of the project, Ocean City Mayor Jay Gillian and Icona Resorts CEO Eustace Mita. Icona Resorts operates eight hotels in Avalon, Cape May and the Diamond Beach section of Lower Township. Gross was an NCAA All-American collegiate baseball player, graduating with high honors and Phi Beta Kappa. She joined the team in January 2022. 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.