Tomcat 8.5.38 unable to start

Hi guys, I have the following problem:

When I try to deploy my app, my Tomcat (8.5.38 and IntelliJ 2019.3)  hangs indefinitely. It used to work properly, but stopped working under mysterious circumstances.

What happens is I click Run/Debug Local Tomcat and I get stuck deploying the app.

If I try to redeploy the app I get Artifact

Gradle : project: project.war (exploded): Waiting for server connection to start artifact deployment...

If I foricbly abort the server I get another error.

Application Server was not connected before run configuration stop, reason: Unable to ping server at localhost:1099

I did try changing JMX port, but it didn't help (the error did change the port number).

Also I'm aware of previous answers like:

https://youtrack.jetbrains.com/issue/IDEA-171174

https://stackoverflow.com/questions/43354676/intellij-idea-tomcat-8-5-13-and-9-0-0-m19-error-during-artifact-deployment-s/43378181#43378181