The artist's renderings of possible variations on the project were presented to the City Council on Thursday, Feb. 23. We wrap up the news from the Shore you love, and deliver it to your inbox, weekly. Threats of harming another Plans for a $150 million hotel on the Ocean City Boardwalk are on hold. This fee is non-refundable. Three of those rank among the top 75-ranked hotels in the country. Developer proposes $150 million hotel for Ocean City Boardwalk. 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. 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. Upper Twp & Icona already operates eight hotels in Avalon, Cape May and the . Mr. 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. OCEAN CITY Developer and hotelier Eustace Mita brought a proposal for a $175 million luxur. according to Mita, is a "five-star resort" with "only one five-star hotel" the 200-plus-year-old Congress Hall . 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. Dana developed a fully-integrated program for development of a new corporate strategy centered on driving scalability in cell and gene therapy testing services, including design and construction of a new cGMP testing facility. The group led and supported end-to-end therapy discovery and development across nearly a dozen CAR-T programs, including the recently approved cilta-cel (Carvykti). These cookies track visitors across websites and collect information to provide customized ads. In his early years, Eustace started a company, Mita Leasing, which became one of the top ten leasing companies on the east coast. ICONA Resorts Location 9701 Atlantic Ave, Wildwood, New Jersey, 08260, United States Description Industry Hospitality General Hospitality 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). 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. 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. All of MLP companies and real estate recycle existing buildings, which often require environmental remediation. Jobs Number of Current Jobs 1 The hotel site currently includes a municipal parking lot just off the boardwalk between 5th and 6th streets. Our website is directed to a U.S.-based audience; our content may not be accessible to some international audiences due to technology restrictions. "We're very excited about it," Mita said. 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. Icona Resorts wants to build a 325-room luxury hotel along the beach in Ocean City. ICONA Resorts has hotels throughout Cape May County. He enjoys leading teams to achieve unprecedented performance levels and to create a work environment where people bring their best. Questions? We are eating our own livelihood, Mita said more than once. Ocean City, 18 Ratings from one Icona Inc employee. 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 meeting. It currently owns and operates three year-round, beachfront properties, and four food and beverage outlets. Get the latest business insights from Dun & Bradstreet. The fee for publication via this portal is $100. Analytical cookies are used to understand how visitors interact with the website. Renderings of the hotel provided by DAS Architects show the hotel would be about eight stories tall. Please avoid obscene, vulgar, lewd, Cheryl has a dual MS in Biochemistry from University of Mumbai & in Molecular Biology from Virginia Tech. 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. 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. Avalon, He obtained his Bachelor of Science from Northern Arizona University and MBA from Walsh College. Today, youth Cape May - RE: The Avalon comment on who is the responsible president in office now? Please subscribe today to NJ.com. The Jersey Shore is notorious for charging for access to the beaches. Choose wisely! 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. 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. Eustace was the middle child in a family of five children. Eustace Mita, the owner of the Icona hotels, brought conceptual images for a new Boardwalk hotel to the Ocean City Council on Thursday. 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. ICONA Resorts is part of the Hospitality industry, and located in New Jersey, United States. The company is also developing technology in the fields of immuno-oncology and gene therapy. The lunches are https://www.capemaycountyherald.com/site/comment_standards.html. 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. 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. Stone Harbor, More Local News to Love Start today for 50% off Expires 3/6/23, Jeff Goldman | NJ Advance Media for NJ.com, proposal by Icona Resorts for a $150 million, 325-room beachfront hotel. February 28, 2023. Find company research, competitor information, contact details & financial data for MITA PRACOWNIA USUG KSEROGRAFICZNYCH S C KALA ARKADIUSZ I S KA of Wrocaw, dolnolskie. He was the General Manager at Audi Turnersville. "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. 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. Email notifications are only sent once a day, and only if there are new matching items. "Ocean City has a special, special place in my heart," said Mita, a father of five and grandfather of 17. 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. 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. Here are 10 houses along New Jersey's coastline for an Insta-ready beachfront staycation. February 26, 2023 / 7:08 PM 2023 CBS Broadcasting Inc. All Rights Reserved. Icona Resorts operates eight hotels in Avalon, Cape May and the Diamond Beach section of Lower Township. Cape May City Councilmade a clear replythat it was not interested in a redevelopment zone approach. As Executive Vice President a at Project Farma, Tony has spearheaded the firms growth in the biologics and most recently next generation medicines. "We are thrilled that the Mita family is joining us in continuing the great tradition of Gillian's Wonderland Pier, an Ocean City landmark," Jay Gillian, who is also mayor of Ocean City, said in the release. Ocean 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. Jennifer has over 25 years of bioprocessing and cell and gene therapy experience with specific expertise in commercial leadership, business development, strategy, and alliance management. Jennifer Manning is the Senior Vice President of Global Strategic Partnerships at The Center for Breakthrough Medicines. Read more Jose F. Moreno/ Staff Photographer by Nora Macaluso, For The Inquirer Updated May 5, 2022 Last updated months ago. The proposed hotel would be next to Wonderland Pier, which is co-owned by Gillian and Mita. 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.. Avalon-based Icona Resorts has proposed investing about $100 million, according to news reports, . Find Eustace Mita's accurate email address and contact/phone number in Adapt.io. "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. Sea Isle City, The GMP programs inspected supported the following manufacturing products: Viral Vector Products (11), Gene Mediated Cell Therapy Products (8), and Cell Therapy Products (12). Find your future at CBM. Most recently, he worked at Catalent Cell and Gene Therapy responsible for gene therapy business development on the east coast US and Europe. is General Counsel at Center for Breakthrough Medicines. Gross was an NCAA All-American collegiate baseball player, graduating with high honors and Phi Beta Kappa. Explore Careers > Ocean Citys 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. R&D, PD, and Commercial systems for therapies involving biotechnology, plasma, autologous and allogenic cell and gene. 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. He said that if the proposal went forward, Icona would become the highest taxpayer in Ocean City. Icona Resorts' massive eight-story hotel proposed for a plot of land between Ocean City High School and the beachfront . Audrey has an MBA from The Wharton School and is a registered CPA in Illinois. ICONA Resorts is based in Wildwood, New Jersey. This cookie is set by GDPR Cookie Consent plugin. Previous: Angelo Camano His prior roles also included responsibility for Supply Chain for Baxter Bioscience. 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. 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. Sea Isle City, in Biology from Ursinus College and an MBA in Project Management from New York Institute of Technology. They haven't had a new hotel there in more than half a century. The Icona Resorts is looking to build a $150 million beachfront resort with 325 rooms along the Ocean City Boardwalk. 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. Ocean City mayor opposed to boardwalk hotel proposal. Very happy as the 6th happiest state in the U.S. Why forced tips need to change on food delivery apps in NJ. In this role, Jennifer engaged with over 40 vaccine and gene therapy companies, negotiated strategic contracts, and more than doubled the business each year. 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. Upper Twp & The two heads of the project, Ocean City Mayor Jay Gillian and Icona Resorts CEO Eustace Mita. 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. This isn't the type of stuff you normally hear, it goes straight to the heart. The hotel would be built just off the boardwalk between 5th and 6th streets.DSA Architects, Inc. Lower Twp, In his early years, Eustace started a company, Mita Leasing, which became one of the top ten leasing companies on the east coast. The location is between 5th and 6th Streets between Ocean City High School and the beach. The Icona Resort was proposed by Eustace Mita at last week's Ocean City Council meeting. Achristavest's luxury waterfront homes can be found throughout New Jersey's spectacular shoreline including Longport, Ocean City, Cape May, Avalon, and Stone Harbor. He is the former Head of Global Operations Pharma and Biotech at Lonza AG where he was responsible for 37 sites on four continents. Last year, Icona proposed a $150 million, 160-room hotel for a former theater site in Cape May but faced obstacles as reported here. Popular Searches Icona Resorts Icona ICONA Diamond Beach Coastal Blue Oceanside Bar & Grill Sign up for our newsletter to keep reading. Mandy brings to the role extensive expertise in strategy formulation, team development, process management and commercial analytics, as well as in-depth knowledge of testing required for advanced therapies at all stages of development and manufacturing. Eustace has an uncanny ability to coordinate and focus a teams energies. During his subsequent tenure as Vice President, Head of Oncology Cell Therapy at GlaxoSmithKline, Dr. Lees team operated within a heavily matrixed organization to support an array of activities establishing multiple preclinical assets and several clinical-stage lete-cel programs targeting the NY-ESO cancer-testis antigen. Those lots fill up fast at the peak of the summer season so some other parking accommodation will have to be made somewhere. Audrey is passionate about supporting her community and serves on several non-profit boards including the King of Prussia Business District and is currently an Emissary for Select Greater Philadelphia, a division of the Philadelphia Chamber of Commerce responsible for attracting business to Greater Philadelphia. The seven-story structure designed in the style of a turn-of-the-20th-century grand hotel Republican-appointed judges have kept the Democratic president's plan from going into effect. Three of those rank among the top 75-ranked hotels nationwide. Upon request to Advertise@cmcHerald.com a link to the published article will be transmitted via email. 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. PLEASE BE ADVISED: Soon we will no longer integrate with Facebook for story comments. But opting out of some of these cookies may affect your browsing experience. in Biology from West Chester University of Pennsylvania. 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. Gillian didnt explain in his letter why he opposed the hotel. Mita would also need to the city to waive zoning laws that ban hotels along the boardwalk. If you forget it, you'll be able to recover it using your email address. An artists 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. 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. that is degrading to another person.Be Proactive. Alan oversees new client development and on-boarding, building strategic partnerships and collaborations. Both would use the first floor for high-end retail. Shooter Of NJ Trooper Captured In South Carolina, Video Shows H, $300K In Drugs Including 1400 Folds Heroin Seized In Cape May C, Jersey Shore Man Convicted In DUI Crash That Killed Teen, Serio. She has built marketing teams from the ground up and has led brand transformation initiatives for both small and large organizations, aligning messaging and marketing activities to the business strategy and commercial goals. "We're excited about the prospects.". Neither Gillian nor Mita could be immediately reached Tuesday. In 2013, that word would become the name for our collection of upscale beach resorts on the New Jersey shore. This focus provides for a reliable system centered on scrupulous execution and distinctive quality. ", 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. In 2014 he was awarded Emerging Pharma Leader.. Board of Directors Brian O'Neill Executive Chairman Joerg Ahlgrimm Director Yeontae Kim Director Richard Heany Director Eustace Mita Director Advisors James M. Wilson, MD, PhD Chief Scientific Advisor Marco Chacon, PhD Advisor Tony Khoury Advisor Join the breakthrough. Eustace Mita is the Chairman and CEO of Icona Resorts, Chairman of Mita Management, and CEO of Achristavest, LLC. Earlier this year, 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 weeks council meeting. On average, Penske Automotive Inc executives and independent directors trade stock every 43 days with the average trade being worth of $22,722,263. When asked after Mitas Ocean City presentation if Mita had made any attempts to move on developing the Beach Avenue site in Cape May, Mayor Zack Mullock said, We havent heard anything from him.". "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. In addition to acquiring the land, Mita would also need to the city to waive zoning laws that ban hotels along the boardwalk. Well, that's about to change in America's Greatest Family Resort Ocean City, New Jersey. Yeontae has a Degree in Economics from University College London. Keep reading to see if your favorite beach town made the cut. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Mr. The hotel would be built just off the boardwalk between 5th and 6th streets. And, most importantly, Eustace maintains a vast team of construction and real estate professionals who help make Achristavests custom homes a reality. The cookie is used to store the user consent for the cookies in the category "Analytics". SVP of Testing Analytical Services, & Plasmids, SVP of Business Development for Testing & Analytics. ICONA Golden Inn 7849 Dune Drive 609-368-5155 icona.com/golden-inn/ You can now listen to Dennis & Judi On Demand! Submissions will not be processed for publication without advance payment. The proposal could face several challenges, including obtaining the land from the city, getting site approval and acquiring permits through the state Coastal Area Facilities Review Act. She has a B.S. He was previously Finance Manager at WuXi Advanced Therapies where he was responsible for revenue and contract management of $100MM in US revenue for research, manufacturing, and testing portfolio related to cell and gene therapy products. As an undergraduate at Southwestern University, Mr. Our team brings a wealth of experience from biopharma and advanced therapy CDMOs, ensuring that there is no safer place for your product. Your purchase was successful, and you are now logged in. New Jersey is happy! The envisioned seven-story hotel would include 325 rooms and cost about $175 million. Joerg Ahlgrimm is the Chief Executive Officer of SK Pharmteco & Board Member at The Center for Breakthrough Medicines. . PHL17's Alyssa Sullivan has the story. For us, an icon is the symbol of the . If you purchase a product or register for an account through one of the links on our site, we may receive compensation. MLP Ventures creates companies that utilize real estate as an integral part of their business, as well as internet-based marketplaces. 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. Some are concerned about about whether the hotel would block the ocean view of people who live nearby. Mita said that Ocean City had about 3,000 hotel rooms in 2000. Eustace Mita is the chairman of the company that wants to build the boardwalk hotel, called Icona Ocean City. Eustace Mita Chairman Icona Chairman and CEO Achristavest Chairman Caritas Construction 2501 Seaport Dive Suite SH400 Chester, PA 19013 Office: 610.497.9700 Cell: 610.574.2077 Email:. person will not be tolerated.Be Truthful. 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. Avi Nandi is the Head of Process Development at The Center for Breakthrough Medicines. Two decades later, he estimated the city had about 750 rooms. CAPE MAY Icona Resorts is propos-ing a seven-story hotel on the site of the Beach Theatre on Beach Avenue. The city would also have to change zoning laws because hotel development is banned on the boardwalk. This cookie is set by GDPR Cookie Consent plugin. He possesses more than 15 years of clinical research and cell therapy experience including positions at The Wistar Institute, Janssen Pharmaceuticals, and GlaxoSmithKline. An entrepreneur and a businessman at heart, Eustace is the driving force behind Achristavest. Rich Heany is the President of MLP Ventures and has over 25 years of experience in real estate acquisitions, development, leasing and deal structuring. In 2013, Eustaces passion for real estate evolved into hotel development. View our print e-Edition publication online here! 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. 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. Mita ended his discussion in Ocean City, saying that the proposal was at the starting point. Icona Resorts' massive eight-story hotel proposed for a plot of land between Ocean City High School and the beachfront would feature 325 rooms, a pool overlooking the boardwalk, upscale shops and more. Gross brings over 20 years of combined legal experience to CBM. Where do New Jersey honeymooners head to honeymoon? 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. Icona already operates eight hotels in Avalon, Cape May and the Diamond Beach section of Lower Township. Avi supported a pipeline of 15+ gene therapy products in development from preclinical to Phase III development and led development and implementation of 4 gene therapy manufacturing processes across 4 GMP and 3 laboratory sites. "We're grateful that Eustace and his family will continue our dad's and our uncle's legacy. The most common Icona Resorts email format is [first_initial] [last] (ex. Ocean City is known for its family-friendly atmosphere with a clean safe boardwalk and no alcohol-selling policy throughout this "dry" town. His purpose was to show the dedication of the Icona brand to quality in both structure and customer experience. 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. Icona. accounts, the history behind an article. Lower Twp, Low around 45F. From an early age, Eustace Mita couldnt pass a model home or construction site without stopping by for a closer look. 2023 Advance Local Media LLC. This is my hometown, he said. His research career spanning over 40 years has focused on rare diseases and ways to treat them by gene therapy. View contact profiles from ICONA Resorts It would need to acquire the land and gain multiple approvals before beginning construction.DSA Architects, Inc. Our journalism needs your support. It's a plan that impacts millions of borrowers who could see their loans wiped away or reduced. There was a problem saving your notification. ICONA Resorts Location Avalon, New Jersey, United States Regions East Coast, Northeastern US Gender Male LinkedIn View on LinkedIn Eustace Mita Jr. is the the COO at ICONA Resorts. 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. Stone Harbor, Both proposals presented conceptual designs that show a grand building of a size that dwarfs any rival in either city. Icona in Avalon via Google Maps. Gillian brought Mita in as partner 2021 to Wonderland Pier, which was about $8 million in debt. 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. Windy with light rain likely. 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. Prior to joining Kite, Jeet was the head of Takeda Biologics IT for all Biologics plants. Cape May, Joerg has a passion for saving lives which is his main motivator to work in healthcare. In his pitch to the city, Mita said the area where he would build the hotel was not currently generating revenue. Chance of rain 80%. 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. She is an experienced leader in cell and gene therapy and biologics manufacturing with a focus on commercial readiness, industrialization, and manufacturing stabilization. Image courtesy: DSA Architects, Inc.DSA Architects, Inc. 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. Emily enjoys leading and developing large, high-performing teams and building patient and asset centricity. jdoe@icona.com), which is being used by 100.0% of Icona Resorts work email addresses. 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.