Rochester Awarded 3.12 Million Dollar Main Street Grant from Minnesota Department of Employment & Economic Development

October 14, 2021 – ROCHESTER, MINN. – The City of Rochester and Destination Medical Center Economic Development Agency (DMC EDA) are pleased to announce the acceptance of the award of $3.12 million dollars from the Minnesota Department of Employment & Economic Development (DEED) as a part of their recently created Main Street Economic Revitalization Program. The grant dollars will be used to help central business districts rebuild and reposition themselves in the face of a substantially changing downtown economy. Rochester was one of eight communities receiving funding, with a total investment of approximately $40 million being invested across the state.

“Minnesota’s main streets are key drivers ofgrowth, and so many of them have suffered in the last 18 months,“ said DEED Commissioner Steve Grove. “These grants and loans will create jobs, and they’ll help spark investment in key commercial corridors across the state.”

“Following the initial shock of the pandemic, Rochester’s downtown business community responded with innovation, creativity, and determination. This grant program is yet another tool to support Rochester’s recovery,” said Patrick Seeb, Executive Director of Destination Medical Center Economic Development Agency. “Think of this as an economic booster shot.”

Rochester’s program will provide capital investment for downtown businesses and property owners who do not have sufficient capital to open, adjust or expand operations. Formal grant criteria will be established, including the prioritization of Black, Indigenous, and People of Color (BIPOC) participation. DMC will serve as the administrator of the grant.

“We believe deeply that Minnesota must fully recognize, mobilize, and support every business in the region if we are to realize a vital and sustainable economy. Part of our commitment is to the development and stabilization of minority businesses, which build and diversify our economic capacity,” shares Dee Sabol the Executive Director of the Diversity Council.

Before the pandemic, Rochester was already taking steps to diversify and improve the resiliency of its central business district. The program will provide distinct benefits to diverse populations in Rochester.

City Administrator Alison Zelms shares, “Rochester has a strong history of organizational partnerships, which have collectively worked together to best serve the community. This grant will support our work to assist our local businesses in their recovery from COVID-19 impacts. We know that we can move forward together in a way that will make Rochester even stronger and more resilient in the future.”

More information about the grant opportunity will be shared in the coming weeks.

Rochester Awarded 3 Million Dollar Main Street Grant from Minnesota Department of Employment & Economic Development

211014_MSERG Round 1 Announcement

Destination Medical Center Economic Development Agency Announces New Senior Director of Economic Development

Michael Flynn

Destination Medical Center Economic Development Agency (DMC EDA) announced the appointment of Michael Flynn to the position of Senior Director of Economic Development. He previously held the position of Chief Operating Officer at the Economic Development Corporation of Utah (EDCUtah).

Flynn will lead DMC’s business attraction and recruitment strategies and direct marketing strategies to attract new business to Rochester. He will report to DMC EDA’s Executive Director Patrick Seeb.

Destination Medical Center Corporation Board Approves Discovery Walk Accessibility Enhancements and 2022 Workplan

During the September 30, 2021 Destination Medical Center Corporation (DMCC) board meeting directors approved additional accessibility enhancements to Discovery Walk as a result of the Community Co-design process. Additional enhancements include a snowmelt system and three community spaces with weather-protected seating.

Two Community Co-designers, Jenny Rho and Krista Jacobson, joined the DMCC board meeting to share about the importance of the additional enhancements to the final design of Discovery Walk.

City of Rochester and Destination Medical Center highlight opening of full-scale station model for bus rapid transit service to be known as “Link”

On Monday, Sept. 13, officials from the City of Rochester and Destination Medical Center Economic Development Agency (DMC-EDA) toured an installation built to demonstrate how bus rapid transit (BRT) will be a major part of the future of public transit in Rochester.

Rochester’s rapid transit project is now “Link.” The new name and logo are integrated into a full-scale, branded BRT station model located at the future Mayo Civic Center stop on the future 2.6-mile route. The station model promises to be an immersive experience where members of the public can visit, walk through, and learn more about Greater Minnesota’s first BRT line.

Destination Medical Center Corporation Board celebrates milestone achievement in Discovery Square

Healthcare innovation building, One Discovery Square, now fully leased

One Discovery Square

(Rochester, Minn.) May 20, 2021 – The Destination Medical Center Corporation (DMCC) Board of Directors today commended the continued momentum in DMC’s Discovery Square sub-district. One Discovery Square, Mortenson’s first life sciences building in the sub-district which opened in 2019, is now 100 percent leased. Thermo Fisher Scientific, Cytotheryx and Exact Sciences are the latest companies to commit to space alongside other tenants, including Mayo Clinic, University of Minnesota Rochester, Epic, Philips, Boston Scientific, RION, WuXi Diagnostics and Café Steam.

Mayo Clinic’s New Research Building Growing to 11 Floors

The long tradition of biomedical innovation that makes up Mayo Clinic’s DNA will continue with the Anna-Maria and Stephen Kellen Building on the Rochester, Minnesota, campus, set to open in the fourth quarter of 2023. Research is the engine that drives advances in medical care, and the new facility will enable the team-based scientists of Mayo to continue finding care solutions for patients.

Funded in part through a gift from the Anna-Maria and Stephen Kellen Foundation as well as other generous benefactors, the energy-efficient structure will feature 11 floors and 176,000 square feet of flexible laboratory space. Philanthropy will play a key role in its completion. The building will be located at the intersection of 3rd Street SW and 4th Avenue SW with underground connectors to the Opus and Baldwin Buildings.

Destination Medical Center Surpasses $1 billion in Private Investment

DMCC Board approves funding for downtown workforce housing project

(Rochester, Minn.) March 23, 2021 – The Destination Medical Center Corporation (DMCC) Board of Directors at a special meeting today approved a report documenting 2020 private investment in the DMC district of more than $144 million, which brings the cumulative total since 2013 to more than $1 billion in private investment for development in Rochester.

Google to Open First Office in Minnesota, Deepening Collaboration with Mayo Clinic

Google office in Rochester, Minn. will provide a physical space for the two companies to work side-by-side to transform patient care

Rochester, Minn. and Sunnyvale, Calif., February 18, 2021 — Google continues to invest in local communities across the country, and today the company is announcing its first office in Minnesota, in the city of Rochester. Google has long worked with businesses and organizations across the state, and the company’s new space—at Collider Coworking in the historic Conley-Maass-Downs building in downtown Rochester—will give it a physical home in Minnesota, as well as will serve its long-term strategic partnership with Mayo Clinic.

DMCC Board Recognizes Progress Despite the Pandemic

Endorses new marketing effort to attract remote workers

(Rochester, Minn.) February 3, 2021 – At its first board meeting of 2021, the Destination Medical Center Corporation (DMCC) Board acknowledged continued progress and that 2020 was a ‘good year’ despite the COVID-19 pandemic.

DMCC Board members were presented with updates on DMC priorities, including Heart of the City, Discovery Square and transportation.