OC Mayor opposed to huge resort proposal - Regional Media News New luxury NJ oceanfront resort planned at the Jersey Shore 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. Low around 45F. 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. Windy with light rain likely. The seven-story, 325-room hotel would have a pool facing the ocean, a courtyard, a tree . Mita walked the council through the other hotels in the Icona brand: Icona Diamond Beach, his first hotel property in Cape May County, Icona Avalon, Icona Cape May and others. 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. Mita has multiple hotels in Cape May County, and builds high-end private homes under the company Achristavest. 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. 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. Cheryl Paes has over 20 years of experience in the pharma/biopharma industry with 15+ of those years in B2B marketing of platform and professional services. Gross was an NCAA All-American collegiate baseball player, graduating with high honors and Phi Beta Kappa. We won't share it with anyone else. Last year, Icona proposed a $150 million, 160-room hotel for a former theater site in Cape May but faced obstacles as reported here. Currently working as Chief Operating Officer at ICONA Resorts in New Jersey, United States. LeBow Innovation Series Welcomes: Eustace Mita, Chairman and CEO, Icona Resorts, Center for Innovation in Teaching and Learning, Dornsife Office for Experiential Learning. Eustace found a passion for real estate and founded Achristavest, where he develops state-of-the-art residential homes around the country including Utah, Maryland, New Jersey, the Carolinas, Pennsylvania, Nantucket, and most recently, Costa Rica. But he has previously expressed opposition to high-rises along the Boardwalk. Very happy as the 6th happiest state in the U.S. Why forced tips need to change on food delivery apps in NJ. $150 million luxury hotel proposed for Ocean City Boardwalk All three properties have been recognized among the top 50 hotels in The United States on Trip Advisor. If you forget it, you'll be able to recover it using your email address. Gross brings over 20 years of combined legal experience to CBM. Dean Vibhas Madan, Phd, and Mita discuss Mitas entrepreneurial journey and how the hotel and hospitality industry is coping with COVID-19. Earlier this year, 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. {{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. NEW: Ocean City's mayor says he cannot support the proposal.OCEAN CITY, N.J. (CBS) -- A developer is proposing a $150 million hotel for the Ocean City Boardwalk. Eustace, class of '73, is making substantial advancements to ICONA Resorts. Mitas August Convention Center presentation to Cape May residents was the last public discussion of the Cape May hotel proposal. 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. Massive $150M Jersey Shore boardwalk hotel plan opposed by town's mayor Create a password that only you will remember. 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. 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. Eustace Mita Jr. - COO @ ICONA Resorts - Crunchbase Person Profile Emily enjoys leading and developing large, high-performing teams and building patient and asset centricity. 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. "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. Renderings of the hotel provided by DAS Architects show the hotel would be about eight stories tall. It's a plan that impacts millions of borrowers who could see their loans wiped away or reduced. The artist's renderings of possible variations on the project were presented to the City Council on Thursday, Feb. 23. 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. Stone Harbor, Lower Twp, Middle Twp, Eileen built a high-performing team and delivered on a portfolio that grew 400% in 4 years spanning Pre-Clinical to Launch across Mabs, multi-specifics, conjugated Mabs, protein vaccines and cell and AAV gene therapies, and also chaired CMC Governance Council deciding and aligning on specific strategies pertaining to cell and gene therapy FIH, Phase III FPI, comparability and BLA resulting in specific CAR-T FIHs, BLAs and AAV FPIs. 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. Eustace and Suzy Mita, who were compelled during a Vatican news conference to reveal the secret to their 38 years of married bliss. Joerg has a passion for saving lives which is his main motivator to work in healthcare. Choose wisely! Most recently, he worked at Catalent Cell and Gene Therapy responsible for gene therapy business development on the east coast US and Europe. 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. And, most importantly, Eustace maintains a vast team of construction and real estate professionals who help make Achristavests custom homes a reality. "We couldn't be happier to welcome the Windrift Hotel to the ICONA family," said ICONA Resorts Founder Eustace Mita. Submissions requiring additional support services e.g., to amend content or to effect payment will not be published. He said that if the proposal went forward, Icona would become the highest taxpayer in Ocean City. Avalon, Audreys deep industry experience includes biotechnology, real estate, pharma services, and financial services. She also helped create the overall testing business strategy, drove tactical implementation plans and monitored key milestones to drive delivery of strategic objectives. Eustace Mita has lived a modern version of Job's experience. Alan oversees new client development and on-boarding, building strategic partnerships and collaborations. Popular Searches Icona Resorts Icona ICONA Diamond Beach Coastal Blue Oceanside Bar & Grill Both Mita and critics of the proposal say it could reshape Ocean City if built. The hotel would be built just off the boardwalk between 5th and 6th streets. Eustace W Mita Net Worth (2023) | wallmine He possesses more than 15 years of clinical research and cell therapy experience including positions at The Wistar Institute, Janssen Pharmaceuticals, and GlaxoSmithKline. He was the General Manager at Audi Turnersville. 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.