“A development plan that will bring big changes to downtown Rochester in the next two decades is one step closer to final adoption.”
Jeff Bolton, chief administrative officer at Mayo Clinic and chairman of the Economic Development Agency of the DMC Corporation, read from a prepared statement that emphasized two key points:
- Mayo is committed to DMC and already has invested aggressively
- Patients and visitors represent the key to the success of DMC and Rochester
“I think we need to start with the (City) Center,” said DMCC Board Member Bill George, a member of the Mayo Clinic Board of Trustees and former chairman and CEO of Medtronic Corporation.
“I love Discovery Square, and I think it’s going to make a huge difference for this community,” George said. However, hospitality, transportation, and shopping need improvement before we can consider the city competitive.
“You want to create a wellness city,” George said. “It has to be a place where you say, ‘I feel great–this is a wonderful city.'”
If Rochester is going to make the most use of the brilliant physicians and scientists who live and work in the community, we have to invest in the infrastructure to support entrepreneurialism and scientific discovery.
“Discovery Square is the No. 1 place where we should start investing,” said former Minneapolis Mayor R.T. Rybak. “Invest in Discovery Square. I’m sick to death of the brain power in this community being tapped by some start-up company somewhere in Palo Alto, (California).”
Jim Bier, president of the Olmsted County Board of Commissioners, agreed with Rybak.
“I see the most potential for Discovery Square” to catalyze economic development and growth in Rochester.
‘There will be continued opportunities for the public to tell us what they think about the plan before final approval,” said Lt. Gov. Tina Smith,
According to a presentation today from the Economic Development Agency, the January 29 submittal of the Draft DMC Development Plan to the City of Rochester:
The DMCC Board just approved a new mission statement for the DMC initiative… Here’s what they board proposed and endorsed:
With Mayo Clinic at its heart, the Destination Medical Center (DMC) initiative will be the catalyst to position Rochester, Minn. as the world’s premier destination center for health and wellness; attracting people, investment and jobs to America’s City for Health and supporting the economic growth and its biosciences sector.
- Create a comprehensive strategic plan with a compelling vision that harnesses the energy and creativity of the entire community
- Leverage the public investment to attract more than $5 billion in private investment to Rochester and the region
- Create approximately 35,000–45,000 new jobs with workforce development strategies that support growth
- Generate approximately $7.5–$8 billion in new net tax revenue over 35 years
- Achieve the highest quality patient, companion, visitor, employee, and resident experience, now and in the future
Good morning from the Mayo Civic Center in Rochester, Minn. The Destination Medical Center Corporation Board meeting is about to get underway. Check back with us throughout the day for live updates right here on the DMC Blog.
For those who want to watch live, here’s the video stream:
More videos are available from DMC’s live streaming channel on Ustream.
Don’t take our word for it—Rochester, Minn. is officially a great place to live. At least according to Liveability.com, which ranked Rochester as the second-best place to live in the United States for 2015.
This is the second year in a row that Rochester has made the top-10 list of “best places to live” in the U.S. from Liveability, with our fair city improving over the No. 7 spot earned in 2014. At the risk of sounding overly self important, Liveability cited DMC and the projected job growth as a primary factor for the bump in this year’s ranking.
We will be live blogging from the Destination Medical Center Corporation Board of Directors meeting on Thursday morning. Check in often for updates as they happen, and follow @DMCMN for updates in your Twitter feed. As with all public DMCC Board meetings, a live video feed is available through Ustream.
Among the highlights scheduled for this meeting are:
– Handover of the DMC draft Development Plan to the City of Rochester
– Presentation from the Economic Development Agency Board
– Review of the DMC mission, vision, and goals
A complete agenda and board packet are available for download from the DMCC website.
Check out the video below for a review of last month’s meeting, which includes a 45-minute presentation of the draft DMC Development Plan.
The Destination Medical Center Corporation Board of Directors meets from 9:30 a.m. to noon on Thursday, January 29 in the Riverview Room, Suite C of the Mayo Civic Center.
Agenda items include: formal transmittal of the Draft DMC Development Plan to the City of Rochester, a presentation from the Economic Development Agency Board and City, and a review of the DMC mission, vision, and goals.
How to Attend