Founded in 2013, ICONA Resorts is a hospitality management, development & licensing company. We wrap up the news from the Shore you love, and deliver it to your inbox, weekly. 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. More recently Dr. Wilsons laboratory has focused on improved vectors for gene therapy and clinical applications of genome editing and mRNA. 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. 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. 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. 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. ESE winds shifting to SSW at 25 to 35 mph. Half a Car became a powerhouse and eventually was sold in 2000 for many millions. racist or sexually-oriented language.PLEASE TURN OFF YOUR CAPS LOCK.Don't Threaten. The cookie is used to store the user consent for the cookies in the category "Analytics". Get the latest business insights from Dun & Bradstreet. Emily enjoys leading and developing large, high-performing teams and building patient and asset centricity. Icona already operates eight hotels in Avalon, Cape May and the . 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. Alan oversees new client development and on-boarding, building strategic partnerships and collaborations. 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. 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. Icona Resorts wants to build a 325-room luxury hotel along the beach in Ocean City. 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. Dr. Wilson has published over 600 papers and is named on over 200 patents worldwide. Most recently, Jennifer built and led the Advanced Therapy Commercial Development Team at Fujifilm Diosynth Biotechnologies where she was responsible for the growth of their viral vector, recombinant vaccine and oncolytic virus businesses. 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. On average, Penske Automotive Inc executives and independent directors trade stock every 43 days with the average trade being worth of $22,722,263. 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. 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 is an experienced industry leader in life sciences, specifically, biologics and advanced 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. The property is next to Gillians Wonderland Pier, an amusement complex owned by Ocean City Mayor Jay Gillian and Icona CEO Eustace Mita. 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. PHL17's Alyssa Sullivan has the story. Rich Heany is the President of MLP Ventures and has over 25 years of experience in real estate acquisitions, development, leasing and deal structuring. our hope would be to break ground sometime in the fall," said Eustace Mita, founder, chairman, and chief executive. 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. He is the former Head of Global Operations Pharma and Biotech at Lonza AG where he was responsible for 37 sites on four continents. "Every aspect of design pays significant attention to detail. 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. 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Mita ended his discussion in Ocean City, saying that the proposal was at the starting point. Thunder possible. The Icona Resorts is looking to build a $150 million beachfront resort with 325 rooms along the Ocean City Boardwalk. Updated: Mar 2, 2023 / 08:26 AM EST. 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. He possesses more than 15 years of clinical research and cell therapy experience including positions at The Wistar Institute, Janssen Pharmaceuticals, and GlaxoSmithKline. 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. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The owner of an iconic attraction on the Ocean City boardwalk for nearly a century announced this week that he is partnering with the owner of another Jersey Shore resort business, a move that. . Dean Vibhas Madan, Phd, and Mita discuss Mitas entrepreneurial journey and how the hotel and hospitality industry is coping with COVID-19. Amiel Gross, Esq. 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. Both would require an investment in the $150 million to $175 million range, with 10 years at least before the property could become profitable. 2023 CBS Broadcasting Inc. All Rights Reserved. He spoke of meeting his wife in Ocean City and raising five children there. 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. The hotel would be built just off the boardwalk between 5th and 6th streets. We are eating our own livelihood, Mita said more than once. Ocean City, If a hotel were built, it would be the first new one in Ocean City in more than 50 years and would have the highest assessed valued of any property, thus paying the most taxes, Mita said at last weeks council meeting. If you forget it, you'll be able to recover it using your email address. or anything.Be Nice. 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. "We're eating our own livelihood," Mita said. Well, that's about to change in America's Greatest Family Resort Ocean City, New Jersey. It has a special place in my heart.. Eustace Mita has lived a modern version of Job's experience. Audreys area of expertise is in capital structure, business formation, acquisitions, strategic planning and tactical execution. Eustace was the middle child in a family of five children. 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. Gillian is the mayor of Ocean City. Eustace Mita, chairman and CEO of Avalon-based Icona Resorts did not return requests for comment. CBM has one of cell therapys most experienced teams and the largest single site facility in the industry. The one thing you can't find in many Jersey Shore towns is swanky luxury beachfront hotels. 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. His prior roles also included responsibility for Supply Chain for Baxter Bioscience. Please avoid obscene, vulgar, lewd, View our print e-Edition publication online here! 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. Tony Khoury is an advisor for The Center for Breakthrough Medicines. Then in 1989, he joined forces with his uncle, who founded a company called Half a Car, which revolutionized the car industry. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Find your future at CBM. February 26, 2023 / 7:08 PM 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. The property is next to Gillian's Wonderland Pier, an amusement complex owned by Mita and Ocean City Mayor Jay Gillian. . Prior to CBM, Jeet has successfully led Tech Ops IT organization In Atara Bio, and the Manufacturing and PD IT at Kite Pharma. The seven-story structure designed in the style of a turn-of-the-20th-century grand hotel NEW: Ocean City's mayor says he cannot support the proposal. There was a problem saving your notification. He oversaw the capital investment and capacity expansion for advanced therapies manufacturing at the Philadelphia Navy Yard campus. He has over 25 years of Technology experience specializing in managing and deploying Manufacturing, Supply Chain, ERP, Quality. Necessary cookies are absolutely essential for the website to function properly. PLEASE BE ADVISED: Soon we will no longer integrate with Facebook for story comments. This is my hometown, he said. The hotel site currently includes a municipal parking lot just off the boardwalk between 5th and 6th streets. Sold (or bought if negative) in USD MITSUI & CO . If you already have an account (i.e. 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. You also have the option to opt-out of these cookies. Icona would need to acquire a city-owned parking lot just off the boardwalk between 5th and 6th streets to make the project viable. Here are 10 houses along New Jersey's coastline for an Insta-ready beachfront staycation. Our team has led gene & cell therapy programs at innovator companies and CDMOs, including pioneers who are among the small universe of people to have taken advanced therapies to commercialization. Achristavest's luxury waterfront homes can be found throughout New Jersey's spectacular shoreline including Longport, Ocean City, Cape May, Avalon, and Stone Harbor. By mutual agreement, editorial services may be provided for an additional charge; otherwise, advance payment rendered will be deemed a non-refundable service charge. Cape May, His educational background includes a Bachelor of Science degree from Youngstown State University and a Ph.D. in Nutritional Sciences from the University of Maryland. 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. . But some residents say the boardwalk is not the right place for a resort-style hotel and could change the character of the city. 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. 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. Sign up for our newsletter to keep reading. Both presented buildings of varying heights, with the proposal for Ocean City being a hotel that reaches its high point of eight stories in the center of the structure, then cascading down to a shorter structure, as it approaches a residential area on one side and an amusement park on the other. 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). "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. Joerg Ahlgrimm is the Chief Executive Officer of SK Pharmteco & Board Member at The Center for Breakthrough Medicines. That designation, Mita said at the time, would cut two years off the time for developing the property. Three of those rank among the top 75-ranked hotels nationwide. Eustace can be found on the beach with his beautiful wife, Susie, their five children, and their families, including their sixteen grandchildren. 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. 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. Publisher reserves the right to refuse publication for any reason. Since he joined SK Inc. in 2013, Yeontae has been actively investing in the biopharmaceutical industry, especially in the CDMO sector. Submissions requiring additional support services e.g., to amend content or to effect payment will not be published. You can cancel at any time. Upper Twp & In 2014 he was awarded Emerging Pharma Leader.. Our website is directed to a U.S.-based audience; our content may not be accessible to some international audiences due to technology restrictions. Avalon-based Icona Resorts has proposed investing about $100 million, according to news reports, . An artist's rendering of a proposed oceanfront hotel in Ocean City.