On average, Penske Automotive Inc executives and independent directors trade stock every 43 days with the average trade being worth of $22,722,263. "I think people are always afraid of change.". Del Haven - Firearm suicide is having a devastating impact on American youth. Kim Guadagno, Assemblyman Bruce Land, and State Sen. Jeff Van Drew celebrate the grand opening of the ICONA Golden Inn. Mike McCormick is the Vice President of Quality and Compliance at The Center for Breakthrough Medicines. His tenure as Chairman and CEO at Achristavest follows a successful career path in a multitude of businesses with a focus on real estate. "We can't sit up here and say I married a great Irish girl and . million for the property in bankruptcy court. Mr. "We're happy that Eustace will approach the Windrift with the same care and that he is keeping the name" as the Icona Windrift, she says. He was the General Manager at Audi Turnersville. 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. This cookie is set by GDPR Cookie Consent plugin. Massive $150M Jersey Shore boardwalk hotel plan opposed by town's mayor Jennifer earned a Bachelors degree in Biological Sciences from Clemson University and a Master of Public Administration, Health Policy and Management from New York University. 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. Wildwood. PDF -Justine Magariel, Cape May Women call for Bezaire to resign in Cape May Last year, Icona proposed a $150 million, 160-room hotel for a former theater site in Cape May but faced obstacles as reported here. Audrey Greenberg is the Co-founder, Chief Business Officer and Board Member of The Center for Breakthrough Medicines. 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. She is an experienced leader in cell and gene therapy and biologics manufacturing with a focus on commercial readiness, industrialization, and manufacturing stabilization. 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. Currently, the property is used as a large parking lot owned by the city. 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. She joined The Center for Breakthrough Medicines with 15 years of industry experience across both technical and commercial roles. Developer proposes fancy hotel at Cape May's former Beach Theatre site CBMs viral vector capabilities efficiently and consistently delivers high yields in AAV, Lentivirus, HSV and Adenovirus vectors, accelerating the development of new therapies. He has over 20 years experience specializing in Quality Assurance, Quality Control, Operations and Regulatory Affairs, within the biotechnology, cell and gene therapy, and pharmaceutical industries with a proven track record of success in maximizing performance, scaling quality commercial operations and streamlining quality systems, while maintaining the highest levels of compliance with global regulations over multi-site operations. 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. 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. Icona Resorts CEO Eustace Mita described his plan to purchase and develop Continue reading Check out what the new . Cape May, $150M Luxury Beachfront Resort Proposed In Jersey Shore Town "We're very excited about it," Mita said. Icona. An Icona Resorts property, the hotel would dwarf its neighbors and rise eight stories in the center and cascade downward from there. In April of 2019 Paragon Bioservices, Inc. entered into a definitive agreement of sale for $1.2 billion with Catalent. That designation, Mita said at the time, would cut two years off the time for developing the property. Some are concerned about about whether the hotel would block the ocean view of people who live nearby. 2023 CBS Broadcasting Inc. All Rights Reserved. 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. Wildwood. You also have the option to opt-out of these cookies. Sybil spent nine years at GSK, working in both the manufacturing and R&D organizations supporting the development, technology transfer, and manufacture of multiple clinical and commercial monoclonal antibody products. 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. A proposed oceanfront hotel that would be built next to Gillian's Pier in Ocean CityDSA Architects, Inc. Mita, the CEO of Icona Resorts, which operates eight other luxury hotels in Atlantic and Cape May counties, said the number of hotel rooms available in Ocean City has plummeted as older motels got knocked down and new condos and massive homes were built. Dear Friends, After consideration of the ICONA presentation to City Council at their February 23 public meeting, I spoke to Eustace Mita to express my concerns. He has 15+ years of industry experience in Gene Therapy, Viral Vectors, and Vaccines with a MS in Biology and MBA (Oct 21) and has contributed to the regulatory approval of ZOLGENSMA in US and 10+ Rest of World markets. Only content submissions which satisfy our conditions for publication will be published. Please avoid obscene, vulgar, lewd, You are kidding, right? ICONA Resorts purchases the Windrift Hotel in Avalon - Shore News Network "We haven't had a new hotel here in over half a century. Audrey has an MBA from The Wharton School and is a registered CPA in Illinois. This is the name that will be displayed next to your photo for comments, blog posts, and more. Republican-appointed judges have kept the Democratic president's plan from going into effect. 27 Feb 2023 16:18:06 Earlier this year, Alan oversees new client development and on-boarding, building strategic partnerships and collaborations. Mr. Icona Resorts Founder Eustace Mita said he has been pursuing the property for . "We dont want it to be the nicest in Ocean City, we want it to be the nicest on the East Coast.. 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. Currently working as Chief Operating Officer at ICONA Resorts in New Jersey, United States. This purchase is for online publication only. View contact profiles from ICONA Resorts 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. A $150 million luxury hotel proposed at the Jersey Shore does not have the support of the city's mayor even though it was proposed by his own business partner. 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. CAPE MAY Icona Resorts is propos-ing a seven-story hotel on the site of the Beach Theatre on Beach Avenue. 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. Gillian's Wonderland Pier Announces Partnership With Icona Resorts You have permission to edit this article. ICONA Resorts - Beach Resorts & Hotels at The New Jersey Shore This was not Mitas first attempt to bring his hotel brand to Ocean City. In his early years, Eustace started a company, Mita Leasing, which became one of the top ten leasing companies on the east coast. Half a Car became a powerhouse and eventually was sold in 2000 for many millions. ", We dont want it to be the nicest in Ocean City, we want it to be the nicest on the East Coast, Mita told the council. No racism, sexism or any sort of -ism First published on February 26, 2023 / 7:08 PM. Stone Harbor, 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. Ocean City Mayor Jay Gillian opposed his business partner's proposed $150 million luxury hotel. Gross was an NCAA All-American collegiate baseball player, graduating with high honors and Phi Beta Kappa. 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. Prior to this Matthew served as a member of the UPENN-Novartis Global Program Team under Dr. Carl June and was responsible for a $50MM annual clinical development plan focused on FDA approval of cutting-edge CAR T cell therapy Kymriah in pediatric patients with relapsed acute lymphoblastic leukemia. ICONA WIldwood Beachfront Parking Lot Hotel - Issuu Icona would need to acquire a city-owned parking lot just off the boardwalk between 5th and 6th streets to make the project viable. . Matthew Farabaugh is the Chief Financial Officer of The Center for Breakthrough Medicines. Seven Mile Times Eustace Mita, current CEO and Chairman for ICONA Resorts, is also an Archbishop John Carroll Alumni. In 2013, that word would become the name for our collection of upscale beach resorts on the New Jersey shore. Cape May, MLP Ventures creates companies that utilize real estate as an integral part of their business, as well as internet-based marketplaces. The location is between 5th and 6th Streets between Ocean City High School and the beach. Eustace Mita, CEO/Chairman, from ICONA Resorts shares the secret to creating an amazing hotel business. 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. Get the latest business insights from Dun & Bradstreet. Eustace Mita has been working as a Chief Executive Officer at ICONA Resorts for 6 years. Sybil Danby, Senior Vice President of Business Development and Strategy. His research career spanning over 40 years has focused on rare diseases and ways to treat them by gene therapy. As an undergraduate at Southwestern University, Mr. 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. You have permission to edit this article. Alan spent 16 years at Bioreliance moving from the lab to quality, and eventual management of the Biotech Services Division, and later serving as Director Business Development. OC Mayor opposed to huge resort proposal - Regional Media News The city would also have to change zoning laws because hotel development is banned on the boardwalk. 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. OCEAN CITY Icona Resorts has a $6.5 million agreement to buy a former bank building in downtown Ocean City, and a plan to remake it as the c, CAPE MAY Local developer Eustace Mitas company is suing a restaurant occupying space at the former Beach Theatre, alleging it owes thousand. Founded in 2013, ICONA Resorts is a hospitality management, development & licensing company. Ocean City is known for its family-friendly atmosphere with a clean safe boardwalk and no alcohol-selling policy throughout this "dry" town. 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. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). Eustace Mita is the chairman of the company that wants to build the boardwalk hotel, called Icona Ocean City. Both Mita and critics of the proposal say it could reshape Ocean City if built. our hope would be to break ground sometime in the fall," said Eustace Mita, founder, chairman, and chief executive. Formerly, Chacn served as Assistant Vice President of Industry Alliances at the University of Maryland, Baltimore. Mita says the project would actually create up to 400 new parking spots. For those who remember his presentation of a similar plan in Cape May in 2022, there were a number of places where the two proposals resembled each other closely. Report: Icona Comes to The Financial Rescue of Gillian'S Pier / CBS Philadelphia. Plans were submitted last Thursday, Feb. 23, to the Ocean City Council meeting to construct a huge $150 million luxury hotel complex in the area of 5th and 6th streets near the boardwalk. Please subscribe today to NJ.com. Find Eustace Mita's accurate email address and contact/phone number in Adapt.io. Our website is directed to a U.S.-based audience; our content may not be accessible to some international audiences due to technology restrictions.