Presented by Lisa Clarke
Economic Development Agency (EDA) Updates
- Development
- Joined City’s development team in reviewing private development projects in the DMC District and are impressed with range and diversity of projects in review.
- Asked by Mayor Brede to facilitate the Chateau Theatre Task Force work over the next 15 months with a goal of developing a sustainable program and business plan that is acceptable to the City Council.
- Working on “Developer’s Guide” that will serve as a reference for building and development in the DMC Development District.
- Working with City of Rochester to refine DMC Capital Improvement Plan.
- Continuing to progress on Discovery Square bio/med/tech development.
- Finance
- Operating within budget for 2015 and utilizing the Working Capital Loan structure implement by the DMCC and the City.
- Business/Economic Development
- Participated with St. Paul and Minneapolis Chambers of Commerce on InterCity Leadership Visit to Seattle.
- Beginning development of long-term strategic partnerships with Greater MSP and LifeScience Alley.
- Moving forward with formal strategic marketing efforts focused on growing market interest in two priority areas, Discovery Square and Heart of the City.
- Operations
- Hosting EDA ribbon-cutting today for new office space.
- Communications, Public Relations, and Community Engagement
- Continuing regional outreach and presentations to business/civic organizations and outstate communities.
- Growing its partnerships with many organizations locally and regionally to provide more holistic experience to patients, companions, visitors, and residents. Examples include:
- MN Nice Ride
- Mayo Clinic Office of Wellness
- Mayo Clinic “Creative Cure”
- Greater Rochester Arts and Cultural Trust
- BioAM and Global Entrepreneurship Week
- Community Networking Group
- Garnering regular media attention, totaling 54 stories in October alone.