Residents say it's a proposal the city has to consider carefully. Mita presented his plan to City Council last week, touting the hotel as a way to transform the city. Both proposals presented conceptual designs that show a grand building of a size that dwarfs any rival in either city. a Fortune 500 company. "We're very excited about it," Mita said. Gillian didnt explain in his brief letter why he opposed the hotel, though he has said previously that he opposes high-rises along the two-and-a-half mile long Boardwalk. 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. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Updated: Mar 2, 2023 / 08:26 AM EST. Mita unveiled the proposal during a city council meeting Thursday night. Mita says the hotel would boost tourism, create hundreds of jobs and bring tax revenue to the city. 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. 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. "We're eating our own livelihood," Mita said. Broadening our geographic footprint, we also develop and build residential properties in beautiful locales like Nantucket, Massachusetts, Chesapeake Bay, Maryland, and Park . Tony has extensive experience with small and large molecules including biologics, biosimilars, and cell and gene therapies. "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. "We're excited about the prospects.". 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. Feb 27, 2023 An artist's 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. 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. "I think people are always afraid of change.". Admissions experts with one goal to help you soar like a Dragon. Higher wind gusts possible.. Windy with rain earlythen remaining cloudy with showers overnight. February 10, 2023. Chance of rain 80%. Rich has a Degree in Civil Engineering from Drexel University and an MBA in Finance from LaSalle University. He is the former Head of Global Operations Pharma and Biotech at Lonza AG where he was responsible for 37 sites on four continents. 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. Eustace Mita, owner of the Icona hotel chain, presents plans for a high-rise hotel on the Ocean City Boardwalk to City Council on Thursday. 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. The GMP programs inspected supported the following manufacturing products: Viral Vector Products (11), Gene Mediated Cell Therapy Products (8), and Cell Therapy Products (12). If you already have an account (i.e. 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. Lower Twp, Sea Isle City, There are so many great beach towns not just in New Jersey, but the entire country. The proposal for the 325-room hotel was presented last Thursday to Ocean City's council. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Companies turn to LeBow for partnership, solutions and the next generation of leaders. Alan oversees new client development and on-boarding, building strategic partnerships and collaborations. Dr. Lee previously built the Cell Therapy Platform team at Janssen Pharmaceuticals. Wildwood. Eustace Mita has been working as a Chief Executive Officer at ICONA Resorts for 6 years. In 2014 he was awarded Emerging Pharma Leader.. He has worked with small and large life science organizations including startups, academic centers, financial institutions and CMOs/CROs. Email notifications are only sent once a day, and only if there are new matching items. Audreys area of expertise is in capital structure, business formation, acquisitions, strategic planning and tactical execution. The artist's renderings of possible variations on the project were presented to the City Council on Thursday, Feb. 23. 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. 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. 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 one thing you can't find in many Jersey Shore towns is swanky luxury beachfront hotels. 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.. No credit card required. Eustace Mita has lived a modern version of Job's experience. 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. Both would use the first floor for high-end retail. 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. Eileen Brett is the Vice President of Program Leadership at The Center for Breakthrough Medicines. Audrey has an MBA from The Wharton School and is a registered CPA in Illinois. Threats of harming another Emily enjoys leading and developing large, high-performing teams and building patient and asset centricity. The Icona Resorts is looking to build a $150 million beachfront resort with 325 rooms along the Ocean City Boardwalk. Requests for other urls/sections deemed relevant to the submission will be honored. He obtained his Bachelor of Science from Northern Arizona University and MBA from Walsh College. Ocean City's mayor has weighed in on the $150 million dollar 325-room boardwalk luxury hotel proposed by Icona Resorts CEO Eustace Mita. For us, an icon is the symbol of the . our hope would be to break ground sometime in the fall," said Eustace Mita, founder, chairman, and chief executive. A $150 million luxury hotel has been proposed near the Ocean City Boardwalk. Lower - wildwood Spouter about the flags: Spout of the month! 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. Don't knowingly lie about anyone "We haven't had a new hotel here in over half a century. Your account has been registered, and you are now logged in. or anything.Be Nice. To find out. Recently, Tony has pioneered the industrialization of advanced therapies including two FDA-approved cell and gene therapies. You can cancel at any time. 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. 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. in Biology from the University of Rochester and her M.S. Dana Cipriano is Vice President of Testing and Analytical Services 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. He is the Chairman and CEO of Icona Resorts, along with the Chairman of Mita Management, a company with interests in the automotive and real estate industries. 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. 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. Ocean City mayor opposed to boardwalk hotel proposal. Most recently she was the Head of CMC Leadership Biotherapeutics for Janssen R&D. Avi Nandi is the Head of Process Development at The Center for Breakthrough Medicines. In 2013, Eustaces passion for real estate evolved into hotel development. Last year, Icona proposed a $150 million, 160-room hotel for a former theater site in Cape May but faced obstacles as reported here. 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. Mr. Plans for a $150 million hotel on the Ocean City Boardwalk are on hold. Mayor Jay Gillian has come out against the controversial luxury hotel proposed by Icona Resorts CEO Eustace Mita. 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.

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