State Report on Private Investment Shows DMC on Track to Surpass $200 Million Threshold by End of 2016
ROCHESTER, Minn. (March 24, 2016) – On behalf of the Destination Medical Center (DMC) Corporation Board of Directors, DMC Board Chair Lt. Governor Tina Smith will present the 2015 private investment draft report to the Minnesota Department of Employment and Economic Development (DEED) for certification. The report shows $152.4 million in private sector investment in Rochester since July 1, 2013. During 2015, Mayo Clinic and the City of Rochester reported a total of $87.6 million in eligible private sector investments.
The Peace Plaza, for example, serves as the signature public space in Heart of the City. Recently, a Request for Qualifications/Proposals process was launched to identify a team to design enhancements to the Heart of the City sub-district. In the next few weeks, a Community Advisory Committee will be established to help steer that design process.
When the University of Minnesota Rochester (UMR) opened its doors nearly ten years ago, it created a truly one-of-a-kind learning experience. Hands-on engagement with some of the top medical professionals in the world has allowed students to play a key role in the ever-changing world of healthcare. Having students in the Heart of the City has brought a vibrant energy to the community.
Dr. Lori Carrell is UMR’s Vice Chancellor for Academic Affairs and Student Development. Together with the leadership at UMR, Dr. Carrell is working to leverage the assets of America’s City for Health – from buildings and infrastructure to relationships and knowledge – to enhance learning and development of UMR’s students. DMC sat down with Dr. Carrell to reflect on her time at UMR so far.