More signs of development in DMC’s Downtown Waterfront sub-district have taken shape. The Lofts at Mayo Park, a 29-unit housing development, will soon offer new housing options – short- and long-term, furnished and unfurnished – to visitors and residents of Rochester.
DMC Corporation board members, DMC Economic Development Agency (EDA) staff, and city leaders were given a tour of the site in late October.
There isn’t a blueprint for becoming an entrepreneur. There also isn’t a universally agreed-upon definition. In the simplest sense, an entrepreneur is an individual who identifies a need or a problem and finds a way to fill it or a solution to fix it. An entrepreneur can be an inventor, an artist, or an organizer. In the end, it’s not so much the definition but the impact of entrepreneurship that matters. That impact is so powerful that, every November, 165 countries around the world dedicate an entire week to celebrating it.
GEW Rochester kicks off on Monday, November 14 and runs through Friday, November 18. Events throughout the week provide opportunities to learn from those involved in new and existing startups, to support the evolving entrepreneurial ecosystem in Rochester, and to connect with kindred spirits.
Projects would add over 270 apartment units and 200 hotel rooms to DMC district
ROCHESTER, Minn. (Oct. 27, 2016) – The Destination Medical Center Corporation (DMCC) Board of Directors today received a preliminary view of two significant mixed-use project proposals aimed at building hotel, retail, and residential housing options in key sub-districts within the DMC District. Board members also received an update regarding transportation planning efforts and approved the DMCC’s funding request for 2017.
Titan Real Estate and Investments and the Opus Group provided initial background on a proposed 156-unit apartment complex that would be built in the Discovery Square district upon a First Ave. surface parking lot. The development would include retail and parking within, as well as a green roof and pedestrian access to downtown. Titan, a local company, was the developer of “Broadway at Center,” one of two DMC-approved projects.
The process began by assembling and analyzing existing and new data. This served as the foundation for a recent “Design Sprint,” which involved three teams of stakeholders who were asked to explore and develop concepts to address design issues, such as transportation, parking, commercial districts, and neighborhood connections. Each team took on a different point of view for design considerations. One group took on the perspective of patients, visitors, and St. Marys employees; another, adjacent business and property owners; and the third, nearby neighborhoods.
For the past fifteen years, the Minneapolis and St. Paul Chambers of Commerce have been bringing together thought leaders from across the state of Minnesota to explore and study issues in urban regions of the country. Last year, the group traveled to Seattle, while previous years have brought them to San Francisco, Denver, Portland, Austin, Charlotte, Atlanta, Toronto, San Diego, and Boston.
This week, members of the DMC Economic Development Agency leadership joined nearly 100 other civic, business, and philanthropic leaders from across the state to participate in the 15th Annual InterCity Leadership Visit to Baltimore.
A few months ago, DMC developed the design process for the public realm/public infrastructure for the St. Marys Place sub-district and 2nd Street Corridor. With the data collection phase complete, we recently initiated the next step in the process: the Design Sprint.
This process called for teams of stakeholders – property owners, neighborhood leaders, Mayo Clinic representatives, and city staff – to work with a team of designers to develop concepts that address issues such as pedestrian circulation (think streetscape, skyways, and tunnels), parking, and neighborhood connections.
DMC could be taking physical shape in less than a year.
The law firm of Larkin Hoffman, which opened an office in Rochester about a year ago, hosts a Real Estate Forum each year. With the DMC initiative touted as the primary development project in the state, the Minneapolis-based group decided to hold this year’s event in Rochester and make DMC the focus of their 2016 real estate discussion.