Latest DMC Press Release
The Alatus Development project will add over 347 residential units, restaurant, commercial, and retail space. Project highlights growing momentum of Destination Medical Center initiative, with over $200 million in development since 2013.ROCHESTER, Minn. (Dec. 15, 2016) – The Destination Medical Center Corporation (DMCC) Board of Directors today approved the $115 million Alatus LLC 2nd Street Development Project for the DMC St. Marys Place sub-district subject to a final review of the project's financing. The 13-story mixed-use development is expected to include over 347 residential units, 13,500 square feet of ground floor retail space, and 7,500 square feet of second-floor office and retail space.
DMC Development Plan
DMC Development Plan Executive Summary
Don’t have time to read the 700 page document? This is a condensed 50 page document that highlights priorities for the first five years and DMC project approval criteria.
Comprehensive DMC Development Plan
DMC is guided by a comprehensive, 20-year development plan that serves as a strategic business plan and framework for implementation of the initiative.
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The Destination Medical Center Corporation serves as the governing board responsible for providing oversight and ensuring that planning and implementation of the DMC initiative supports the legislative intent and public purpose as defined in the statute.
The non-profit DMC Economic Development Agency (EDA) is a private economic development corporation authorized by the DMC statute to provide services to the DMC Corporation.
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