Ranked as the 16th Best College Town in America by Business Insider, southeastern Minnesota’s reputation for talent development is recognized nationally. But what’s not as widely known is the unique collaboration taking place between higher education and the business community to help address the area’s growing workforce needs.
Now, with construction for DMC’s signature Discovery Square building officially underway, working together to ensure Rochester has the skilled workforce to meet the needs of the region is becoming increasingly important.
DMC is partnering with Winona State University-Rochester to conduct research into the gaps that currently exist in the local educational offerings and how to be intentional about filling those gaps as we develop future programming, specifically related to entrepreneurialism.
One of the goals of DMC is to position Rochester as an international attraction for those who are focused on wellness, not just coping with illness. That includes providing options for improving health and fitness, increasing the social connections that foster a vibrant community, and harnessing the built environment to promote well-being.
DMC invites you to join us for an upcoming event to learn more about how we can design the environment around us to improve our health and wellness.
Driving alone may seem like the most convenient way to get around Rochester, but traveling solo is not always the best – and certainly not the only – travel option.
Currently, about 40,000 people travel downtown for work each day, and local transportation studies show that around 75% of those employees drive to work. But with DMC expected to attract 30,000 additional jobs during the course of the initiative, planners have been looking at other modes of transportation to reduce traffic congestion and parking issues.
“What we learned time and time again from other cities across the nation is that transit is number one,” says DMC Economic Development Agency Executive Director Lisa Clarke. “It’s really critical to get it right on the front end.”
Short-term and long-term planning efforts to enhance Rochester’s transportation are underway. The week of November 13, the city of Rochester is promoting a fall Commuter Challenge to encourage workers and residents to explore different means of transit to get to work or around the community.
From coffees to keynotes, there have been an array of activities throughout the week of November 13-17 to fit everyone’s interests and schedules. “This year’s events really continued to grow what we started five years ago,” says Jamie Sundsbak, community manager of Collider Coworking and GEW Roch organizer. “We’ve provided networking, educational events, and inspiring speakers to celebrate entrepreneurs throughout the region.”
One such event was hosted by DMC on Monday, November 13. “Doing Business Globally: A Cultural Perspective” featured Dr. Peter J. Stark, an expert in international business strategies. Stark helped attendees navigate the unfamiliar terrain often encountered when conducting business abroad. “Doing business internationally is about more than understanding the cultural norms,” Chris Schad, DMC’s Senior Strategy Consultant, explains. “Dr. Stark provided insight on a variety of issues to consider when engaging in business with other countries.”
FOR IMMEDIATE RELEASE – Rochester, Minn. (Nov. 2, 2017) – The Destination Medical Center Corporation (DMCC) Board of Directors today recognized significant progress toward several private developments, public infrastructure, business development, and planning goals of the Destination Medical Center initiative.
A significant highlight shared with the Board focused on job growth. More than 3,300 jobs were added since 2014 and construction activity at the four DMC-funded projects will result in more than 1,000 combined construction jobs.
The Board specifically acknowledged today’s groundbreaking by Mortenson on their Phase 1 building at Discovery Square.
“Discovery Square will be the place where Minnesota’s next generation of medical start-ups will want to be. It will create new opportunity for jobs, innovation, and economic growth and represents a major step toward fulfilling our mission of building America’s City for Health,” said Lt. Governor Tina Smith, chair of the DMCC Board of Directors. “I thank Mortenson, Mayo Clinic and the Rochester community for their work on the Discovery Square project. This is great news for Rochester and our state.”
DMC is dedicated to creating first-rate experiences not only for those who live and work in America’s City for Health but also for the 3+ million people who visit Rochester each year.
Since first opening its doors in 1938, the Mayo Civic Center has been attracting conferences, entertainment, and sporting events, balancing the needs of the community with those of visitors and clients. Now, on the heels of a recently completed $84 million convention center expansion and facility renovation, Mayo Civic Center is set to realize the economic benefit in 2018 after 21 months of exceeding booking projections in 2016 and 2017.
“New bookings are up over 30%, mainly because our spectacular new venues are helping us attract more and bigger conventions and meetings,” says Brad Jones, executive director of the Rochester Convention and Visitors Bureau, reinforcing the decision to invest public dollars into the space.
As part of the groundbreaking ceremony for a new, innovative life-science building in Discovery Square, Destination Medical Center (DMC) is hosting the Discovery Square Community Celebration and Innovation ShowcaseThursday, November 2, 2017, from 11:00 a.m. – 1:00 p.m.
This event will be held in the Discovery Square sub-district, on 5th Street SW between 1st and 2nd Avenues SW (just west of Pasquale’s restaurant). It will bring together art, science, and community to celebrate the progress that’s already taken place in Discovery Square, and look forward to its promising future. It’s also an opportunity to meet the innovators and entrepreneurs that are already creating great innovations in Rochester.
Airglow will bring interactive lighting installations, including a 40-foot inflatable igloo, to downtown’s Peace Plaza from November 4-11. The all-ages event will take place each evening from 5-10 p.m.
This past spring, DMC reached a major milestone when the private investment threshold required to release state dollars for public infrastructure improvements was not only met but surpassed.
The unique economic development model set forth by the legislature in 2013 required that $200 million in private investments be committed to the DMC initiative before state funds could be released, and multiple projects of varying dollar amounts contributed to the threshold being exceeded by nearly $97 million. The Department of Employment and Economic Development certified the investment dollars so the state money could be released and used for local infrastructure improvements. With that certification now complete, the first of the state DMC funds are now available.
Strategic urban planning is key to sustainable development in a growing community like Rochester. It helps city leaders to maximize public dollars, adapt to changing demographics, and address the demand for housing, transportation, and workforce. While DMC helps shape the future of downtown, city and county planners are looking ahead to prepare for citywide growth.
“Planning to Succeed” or P2S 2040 is the city’s comprehensive plan intended to provide community members, business leaders, city staff, and government officials with a roadmap as they prepare for current and future growth.
Both the City’s Comprehensive Plan and the DMC Development Plan, which was endorsed by the City of Rochester in March 2015, encouraged extensive community engagement throughout the planning processes. “Community-wide participation is incredibly important,” says Patrick Seeb, DMC economic development and placemaking director. “It leads to better ideas, community buy-in, and long-term success.”