Destination Medical Center Corporation Board Meeting Highlights Substantial Progress Occurring in DMC District

ROCHESTER, Minn. (May 26, 2016) – At today’s board meeting, the Destination Medical Center (DMC) Corporation Board of Directors highlighted the substantial progress being made on projects in the DMC District. These projects include some of the DMC’s top development priorities: Discovery Square, Heart of the City, and transportation improvements. The Board also heard plans for DMC’s participation in this year’s BIO International Convention, the largest international event for the biotechnology industry.

Transportation and Infrastructure Updates

The DMC Corporation Board received progress reports from SRF Consulting Group, Inc. summarizing transportation and infrastructure management accomplishments for March 2016 through April 2016. Last fall, the City of Rochester named SRF Consulting Group, Inc. as the program management consultant to work on transportation and infrastructure recommendations for DMC.

The City of Rochester and SRF Consulting Group, Inc. announced consultant firms have been selected to conduct four transit planning studies for future improvements to the DMC District: Downtown Transit Circulator & Operations Study, Downtown Street Use & Operations Study, Parking & Travel Demand Management Study, and City Loop Study.

Sub-district Developments

The DMC Economic Development Agency (DMCEDA) outlined the overall strategy for Discovery Square that has been developed with Mayo Clinic and many key partners from the bioscience and technology start-up community. This strategy encompasses five key issues to successfully develop Discovery Square: Space and Place, Human Capital, Innovation Culture, Access to Ideas, and Capital Resources.

DMCEDA updated the Board on the design for the public spaces of the Heart of the City sub-district. Since Requests for Qualifications (RFQ) were issued last February, a Community Advisory Committee
was formed in April and recently selected six consulting firms to submit full Requests for Proposal (RFP). The Community Advisory Committee will review the RFPs and interview finalists, followed by a recommendation for Rochester City Council and DMC Corporation Board consideration in August.

DMCEDA updated the Board on progress for the design of the public realm/public infrastructure for the St. Marys Place sub-district. DMCEDA staff has been working with the City of Rochester, property owners, Mayo Clinic, and volunteer leadership from the three nearby neighborhood organizations to develop a 90-day process for the St. Marys Place public realm design.

BIO International Convention

DMCEDA also shared DMC’s plans and strategy for participating in the 2016 BIO International Convention early next month. The DMC’s strategic objectives for the convention are: (1) broaden DMC and Discovery Square visibility and knowledge, (2) collect data to inform the development of an effective ecosystem for Discovery Square, and (3) identify and develop key external relationships within the biotechnology industry.

The next regularly scheduled DMC Corporation Board meeting is set for Thursday, June 23, 2016, at 9:30 a.m.