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Latest DMC Press Release
Governor Walz Appoints Peter Frosch to Destination Medical Center Corporation Board
The Destination Medical Center Corporation (DMCC) today announced that Peter Frosch, Chief Executive Officer of GREATER MSP, has been appointed to the DMCC Board of Directors. Frosch is an internationally recognized leader in economic development and regional strategy. As CEO of GREATER MSP, he leads the organization's efforts to advance the economic competitiveness of the Minneapolis-Saint Paul region through business development, talent attraction, and cross-sector collaboration.
"Peter understands that Minnesota becomes stronger when we bring people together around big ideas and shared goals," said Governor Tim Walz. "He's spent his career building the partnerships that create good jobs, attract investment, and help communities succeed. I know he'll be a tremendous asset to the Destination Medical Center Board as Rochester continues leading the way in healthcare innovation and economic opportunity."
"Peter brings a proven track record of building partnerships that strengthen regional economies and create lasting impact," said Pamela Wheelock, chair of the Destination Medical Center Corporation Board of Directors. "His leadership, strategic vision, and commitment to collaboration will be tremendous assets as we continue advancing Destination Medical Center's mission to position Rochester as America’s City for health."
Prior to becoming CEO, Frosch served as GREATER MSP's Senior Vice President of Strategy and Partnerships and Chief of Staff, where he helped develop and implement the region's economic development strategy. During his tenure, he led the creation of nationally recognized initiatives, including Make It. MSP™, which received the International Economic Development Council's award for the nation's best talent initiative, and the Regional Indicators Dashboard, an innovative tool for measuring regional economic performance that has since been replicated by metropolitan regions across the country.
“I am honored to join the Destination Medical Center Corporation Board,” said Frosch. “DMC has become a model not only in Minnesota, but in America, for how to leverage strategic investment, innovation and partnership to strengthen communities and improve quality of life. Fully realizing the DMC vision is a top priority for our state’s economic future. That’s why GREATER MSP and the DMC have been close collaborators on health technology over the past five years. In this new role, I look forward to working alongside my fellow board members to advance this essential initiative and support Rochester’s continued growth as a global destination for health and wellness. The best is around the corner.”
Frosch was appointed by Governor Tim Walz to serve on the Destination Medical Center Corporation Board. His term began June 29, 2026, and expires January 5, 2032.
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DMC Development Plan
DMC Development Plan Executive Summary
Don’t have time to read the 700 page document? This is a condensed 50 page document that highlights priorities for the first five years and DMC project approval criteria.
View/Download DMC Development Plan Executive summary – 62 pages, 23 MB (PDF) »
Comprehensive DMC Development Plan
DMC is guided by a comprehensive, 20-year development plan that serves as a strategic business plan and framework for implementation of the initiative.
View/Download Full DMC Development Plan – 694 pages, 113 MB (PDF) »
View/Download Individual Sections
Five-Year Update to the DMC Development Plan
In 2025, the Destination Medical Center Corporation Board and City of Rochester approved a 5-year update to the DMC Development Plan, which was adopted in 2015 and provides a framework for implementing the mission of the DMCC to transform Rochester, Minnesota as a global destination for health and wellness.
The purpose of the 5-year update, which is required by state statute, is to tailor economic development strategies to market conditions, to account for how DMC catalyzed for economic growth from 2015-2025 and to gather community input.
DMC Leadership
The Destination Medical Center Corporation serves as the governing board responsible for providing oversight and ensuring that planning and implementation of the DMC initiative supports the legislative intent and public purpose as defined in the statute.
The non-profit DMC Economic Development Agency (EDA) is a private economic development corporation authorized by the DMC statute to provide services to the DMC Corporation.
For more info, visit the DMC Leadership page.



