Month: October 2016

DMCC Board Reviews Two Major Mixed Use Development Proposals

October 28, 2016Press Releases

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.

DMC seeks community input in next steps for St. Marys Place and 2nd Street

October 28, 2016General

The DMC sub-district known as St. Marys Place has received a great deal of attention of late. With several new development projects under consideration or in the works, DMC needs your help.

Several months ago, in collaboration with the City of Rochester and a team of stakeholders, DMC began a design process for the public realm and infrastructure for the area and the 2nd Street Corridor.

: Contextual map of area

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.

Minnesota thought leaders unite for visit to Baltimore

October 25, 2016General

16-iclv-oct 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 15^th Annual InterCity Leadership Visit to Baltimore.

Progress continues in the St Marys Place sub-district

October 21, 2016General

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.

St-Marys-Place 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.

Investors and Innovators Day attracts regional and national experts to Rochester

October 14, 2016General

Partnerships are integral to the success of the DMC vision, so last week a variety of investors and innovators came together to explore how we can advance development and improve healthcare.

Screen Shot 2016-10-14 at 12.44.17 PM — Photo credit: http://individualizingmedicineconference.mayo.edu/

Timeline for physical Discovery Square development taking shape

October 14, 2016General

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.

ABC 6 News: Investors and Innovators Leading to DMC Growth

October 5, 2016General

Start-up companies, researchers and investors came together in Rochester Tuesday to demonstrate what they would bring to Destination Medical Center.

Investors and Innovators was a private event, with participants pitching their company’s value and economical place in the future plans and construction of DMC.

Attendees included health related companies with focuses such as diabetes care and spine therapy. Also presenting was the entrepreneurial hub, Collider, which is already established in Rochester.

It’s these events bringing innovative minds together on one platform that DMC says is key to Rochester’s growth over the next 10 years.

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The Med City Beat: Noseworthy: Mayo Clinic on schedule to meet DMC development targets

October 3, 2016General

Mayo Clinic is pleased with the progress it has made thus far under DMC.

In an interview with the trade magazine PRWeek, Mayo CEO John Noseworthy said the Rochester-based nonprofit is “on schedule to meet development targets” for DMC. He referenced the recent selection of M.A. Mortenson Company to develop the Discovery Square sub-district as a step in the right direction.

“I have no doubt it will be successful,” he said. “The interest in the business community is massive. The public has a right to weigh in and we expect that.”