Historic Preservation District Initiative
Eight Focus Areas
Working with the City of Rochester, there are eight main areas of focus. Destination Medical Center (DMC) is focusing on two: Financial and Recruitment & Retention.
DMC Focus Areas
BUSINESS
NAVIGATION
FINANCIAL
RECRUITMENT
RETENTION
REGULATORY
PUBLIC REALM
MOBILITY
PROGRAMMING
ACTIVATION
BRANDING & MARKETING
Recruitment and Retention
One of the eight areas of focus to supporting a healthy and vibrant historic district is centered on strategies for retail, dining and entertainment recruitment and retention. We want to help provide an opportunity for property owners and business owners to get connected. In addition to making these connections we offer site selection assistance, networks to local resources and service providers.
Financial Tools & Programs
Predevelopment Grant
Provides up to $20,000 per property with a 50% match from non-City funds, covering soft costs like design and engineering. Approval by Rochester City staff is required, with $125,000 available annually.
Economic Development Loan
Offers up to $200,000 per property with a 10-year term at 0% interest, including a $20,000 incentive for non-street level housing projects. Approval by Rochester City staff is required, with $1,000,000 available annually.
Infrastructure Investment
Provides up to $500,000 per property with a 50% match from non-DMC funds, covering permanent physical improvements that qualify as public infrastructure projects. Approval by the DMCC Board and Rochester City Council is required, with funds available until December 31, 2029.