Month: October 2020

VIDEO: Destination Medical Center Webinars Highlight Five-Year Results and COVID-19 Economic Analysis

Destination Medical Center Economic Development Agency (DMC EDA) hosted three webinars during the month of October related to the five-year update of its 20-year Development Plan. The webinars addressed different components of the update, including tax values in the DMC district, benefits of the DMC initiative to the community, and potential impacts of COVID-19 to the local economy. Find video summaries and full recordings of the webinars here.

DMC’s Kevin Bright Selected as 2020 LEED Fellow

LEED Fellows represent the top of their fields in green building design, engineering and development

Kevin Bright, energy and sustainability director for Destination Medical Center Economic Development Agency (DMC EDA) and City of Rochester, has been named a 2020 LEED Fellow by Green Business Certification Inc. (GBCI). Bright is among 25 professionals who represent exceptional practitioners and leaders within the green building community and have demonstrated mastery of the technical application of LEED, the world’s most widely used green building rating system.

VIDEO: Downtown Rochester COVID-19 Economic Impact Analysis

As part of the 5-year update to the Destination Medical Center (DMC) Development Plan, DMC commissioned HR&A Advisors to perform a scenario analysis of the potential impacts of COVID-19 on the local economy and the DMC Initiative. HR&A presented the results of the study at this webinar, and discussed how COVID-19 may affect Rochester’s jobs, economic activity, and the DMC’s planning and investment strategy.
HR&A is a New York-based economic development and real estate consulting firm with significant experience developing complex economic impact models for local governments and municipalities. Since the start of the pandemic, HR&A has been working with local leaders across the country to quantify the impact of COVID-19 to support local planning and development efforts. HR&A also brings experience working in Rochester and Southeast Minnesota and understands recent regional economic and demographic trends and planning efforts.

VIDEO: My Community: Destination Medical Center at 5 Years

Interested in how Destination Medical Center measured up to the goals that were set for the first five years of the Development Plan? Curious about what projects are planned for the next five years and what considerations are guiding decisions on future investments? In this webinar recorded on Friday, October 9, 2020, Destination Medical Center Economic Development Agency staff talk about the journey, what’s ahead and how the community benefits.

VIDEO: DMC and Rochester: Dollars and $ense of Development Patterns

How can Rochester imagine new ways to think about and visualize land use, urban design and economics? Urban3, an urban planning consulting firm, analyzed the public return on investment in the DMC District during Phase 1 (2015-2019) as part of the Five-Year update to the Destination Medical Center (DMC) Development Plan.

In this webinar on October 7, 2020, Joe Minicozzi, founder of Urban3, provides an overview of the results, how they compare to other locations nationwide, and how Rochester can visualize market dynamics created by tax and land use policies.