ROCHESTER, Minn. (March 23, 2017) – The Destination Medical Center Corporation (DMCC) Executive Committee announced today that the DMC economic development initiative exceeded the $200 million private development investment threshold –needed to trigger the release of state DMC dollars to be used for public infrastructure improvements – by $97.7 million, totaling $297.7 million in private investment.
“Reaching this important milestone reaffirms that we are on the right track, and Rochester is already experiencing growth and new opportunities,” said Lt. Gov. Tina Smith, DMCC Board Chair. “With the $200 million threshold met, I look forward to working with the State of Minnesota, Rochester community and Mayo Clinic to invest in transportation, world-class amenities, and other public infrastructure that supports opportunity for everyone.”
Located downtown in Rochester’s historic Conley-Maass Building, Collider Core recently opened its doors for business.
The co-working hub can be found in DMC’s Discovery Square sub-district and is designed to provide both fledgling and established entrepreneurs with a unique environment where they can work, connect, and learn.
Collider founder Jamie Sundsbak explains the difference between Collider and Collider Core. “Collider is the entrepreneurial ecosystem – think BioAM, but for all entrepreneurship in the Rochester area,” he explains. “Core is the physical hub – a hybrid of a traditional coworking and business incubator space.” In short, Core provides the Collider community with its operating space.
As DMC’s momentum continues, words like “urbanism,” “prototyping,” and “placemaking” are becoming increasingly more common in everyday conversations around Rochester, but with May as National Historic Preservation Month, there exists an opportunity to celebrate the special places that have helped shape our history and culture, making Rochester the medical destination it is today.
DMC’s vision of making Rochester America’s City for Health incorporates the incredible work taking place inside the walls of Mayo Clinic and applying it to everyday life experiences for the people of Rochester, its visitors, patients, and companions. But the future of Rochester can’t be dependent on Mayo Clinic alone.
Thomas Fisher is professor and director of the Metropolitan Design Center at the University of Minnesota and the most recent addition to the DMC Economic Development Agency (EDA) board of directors. Tom has spent more than 35 years as a teacher, writer, and urban designer. Tom will be the featured speaker at the Conley-Maass Special Reception on Thursday, February 18 and will share his thoughts on the importance of place as it relates to the entrepreneurial landscape of a community.