Month: July 2015

Post Bulletin: DMCC enters energy initiative with McKnight

The Destination Medical Center Corp. board of directors made it clear that innovative energy and sustainability solutions will be an integral part of the coming Destination Medical Center developments.

At a Thursday meeting, the board agreed to pursue a sustainability and energy initiative laid out by the Center for Energy and Environment, a grantee of The McKnight Foundation.

DMCC enters energy initiative with McKnight >

Destination Medical Center Corporation Board Partners with McKnight Foundation on Sustainability and Energy Initiative

ROCHESTER, Minn. (July 30, 2015) – With efficient energy usage and environmental sustainability increasingly becoming modern economic imperatives, the Destination Medical Center Corporation (DMCC) Board of Directors today approved a proposal from The McKnight Foundation to facilitate a new initiative focused on addressing these goals. In the coming months, the Foundation provide resources to Destination Medical Center initiative stakeholders for a discussion and workshop focused on sustainability and energy.

“The Destination Medical Center initiative is a once in a generation opportunity to ensure Rochester remains a global destination for health and wellness,” said Lt. Governor Tina Smith, DMCC board chair. “Working with The McKnight Foundation, we are eager to not only create a bright economic future for Rochester and the DMC, but also a sustainable one.”

Live Blog — City of Rochester Presentation to DMCC Board

Rochester City Council President Randy Staver reported the city’s continued support and participation in DMC and excitement over collaboration to implement the DMC Development Plan.

Among the City Council’s recent recommendations is the hiring of a project management firm to help coordinate implementation among the City of Rochester, Olmsted County, State of Minnesota, Mayo Clinic, DMC Corporation Board of Directors and the DMC Economic Development Agency.

The City plans to issue a request for proposals (RFP) to sometime before the end of September, Staver said.

Rochester-International-Airport-terminal
Rochester City Council President Randy Staver highlighted the DMC Corporation board’s mention of the Rochester International Airport, whose leadership already has expressed interest in developing along with Rochester and DMC.

The airport is a jewel of our community and should be considered key to development of DMC.
— Randy Staver Rochester City Council President

 

Live Blog — Presentation from McKnight Foundation

Representatives of philanthropic McKnight Foundation presented their vision for renewable energy initiatives in the DMC District and Rochester. The Foundation already has offered to pay for planning services.

McKnight Foundation President Kate Wolford said the foundation is “excited” to participate in DMC and help invest in sustainable energy in Rochester and Minnesota.

“We are trying to help position our state and the entire Midwest as a leader in the transition to sustainable energy,” Wolford said.

McKnight tapped the Center for Energy and Environment (CEE) to help organize renewable energy initiatives and comprehensive energy planning. The proposed project would have three key components:

  • Formulate options for advancing DMC energy and climate goals
  • Coordinate an energy infrastructure strategy and operation principles
  • Identify metrics by which benefits can be measured

Sheldon Strom, CEE president, stressed not only innovation but also cost savings and investment.

“If you’re careful and work together, in many cases it’s cost effective to follow clean energy approaches,” Strom said.

DMC Corporation Board Member and Former Minneapolis Mayor R.T. Rybak challenged CEE and its partner Ever-Green Energy to think big on this project.

View DMC Corporation's draft ask for McKnight, CEE and Ever-Green.

Live Blog — $39.3 Million Certified as 2014 Investments in DMC and Rochester

The Minnesota Department of Employment and Economic Development (DEED) has certified $39.3 million in private investments in 2014 for development of DMC. Most of the investment has come from Mayo Clinic, according to the report.

DMC Corporation Board Chairwoman Lt. Gov. Tina Smith (D-Minn.) thanked Mayo Clinic for its “fantastic” investment in Rochester and DMC and said the board and DMC Economic Development Agency will continue working to attract external investors.

According to DMC law passed in the Minnesota legislature, DEED must certify at least $200 million in private investments in the DMC District before the state Treasury will release any public funding for infrastructure projects.

“We need to get to $200 million before the public money starts to flow, so we’re working hard to get there,” Smith said.

View DEED Certification Letter

 

Live Blogging Tomorow from DMC Corp. Board Meeting

SaveTheDate-7-30-15

Follow along tomorrow morning for highlights from this month’s meeting of the Destination Medical Center Corporation Board of Directors.

We will be posting updates starting at 9:30 a.m., when the DMCC Board meeting is scheduled to get underway.

For those of you unable to follow the details through the morning’s blog postings, you can catch the action on Twitter and tune-in to DMC’s live video feed on Ustream:

View meeting packet.

DMC Corp Board Meeting on Thursday

Please join us this Thursday for the regularly scheduled July meeting of the Destination Medical Center Corporation Board of Directors. The meeting will be held from 9:30 a.m. – noon in the McDonnell Suite of the Mayo Civic Center. Every DMCC Board meeting opens with a public comment session. We welcome your input.