Tag: Destination Medical Center

Destination Medical Center is Attracting Private Investment from Across the Country

Destination Medical Center (DMC) is proving to be a magnet for private investment from across the country. In the case of seven DMC-supported projects, capital has come from Minnesota, California, Utah, Nebraska, Illinois, Florida and Massachusetts.

“One of our jobs is to drive investment and talent to Rochester and the state of Minnesota,” said Lisa Clarke, DMC Economic Development Agency executive director. “This shows that it is actually happening. We want people to invest here and stay here in Minnesota.”

New Energy Benchmarking Program Available to Rochester Businesses

At the close of 2018, Rochester, Minnesota was awarded the state’s first LEED Gold City designation by the U.S. Green Building Council (USGBC), in recognition of the City’s effort to achieve significant municipal sustainability and resiliency goals. Kevin Bright, energy and sustainability director for the Destination Medical Center Economic Development Agency (DMC EDA) and City of Rochester is excited for the next chapter, which includes a new voluntary energy benchmarking program for Rochester businesses.

The Rochester Energy Benchmarking Program provides a platform for Rochester business and building owners to track their energy use and identify ways to save money on utility bills.

“The creation of the benchmarking program is an important first step to help businesses identify ways to reduce their operating costs by saving energy,” says Bright.

On April 24, 2019, the Benchmarking program will host a training session for interested organizations at Rochester City Hall in Room 104 from 8:00 a.m. – 12:00 p.m. This session will help organizations create and efficiently complete a benchmarking profile which is the core of participation in the program.

Another educational resource for Rochester businesses and the public is the DMC EDA’s monthly sustainability series, now in its second year. The series, in partnership with the USGBC, is held the second Wednesday of each month at the Rochester Public Library from 12:00 – 1:00 p.m. and is free to attend.

DMC EDA and Experience Rochester recognized at Explore Minnesota Conference

Destination Medical Center Economic Development Agency (DMC EDA) has been awarded the “Marketing Partner of the Year,” presented by Explore Minnesota, the state’s tourism promotion agency at its annual conference in Saint Paul on February 5. DMC EDA was nominated by Experience Rochester.

The “Marketing Partner of the Year” award recognizes outstanding marketing or special projects executed by an individual business which enhances the overall visibility of a community and directly impacts visitor travel to the area.

In its nomination of DMC EDA, Experience Rochester noted:

The staff members of the Destination Medical Center Economic Development Agency (DMC EDA) work tirelessly to make Rochester, MN an exceptional place to work, live, and visit. Experience Rochester MN is nominating DMC EDA because of their dedication to always including Rochester’s 3.3 million annual visitors — many of whom are visiting Mayo Clinic — in their mission and vision for a vibrant, innovative community. A recognition of the importance of travel & tourism is integrated into everything the DMC EDA pursues.

The award judges felt this partnership is like no other; it’s an example of economic development at its finest. An innovative concept in an innovative destination.

“It’s a wonderful honor to receive this award,” said Lisa Clarke, DMC EDA executive director. “DMC is unwavering in its commitment to providing an exceptional experience for Rochester residents and visitors. We are proud to be a collaborator with Experience Rochester and many other organizations in promotion of this great destination.”

Experience Rochester also received some hardware at the conference, winning the “Special Projects” award for its website, minnesotasrochester.com.

“We’re honored to be recognized by our peers in the state tourism industry,” said Mary Gastner, Experience Rochester interim executive director. “Our website is the number one resource for visitors. Our partnership, with Simpleview, allowed us to focus on creating a data-driven and personalized website. The new site allows guests to easily find what they are searching for and inspires exploration of our locally-owned businesses and Only-in-Rochester experiences.”

 

Destination Medical Center Corporation Board Green Lights Mobility Hub Locations in Rochester

“Our vision is for mobility villages where people can live, possibly work, and park for the day,” ~ R.T. Rybak.

The Destination Medical Center Corporation (DMCC) Board of Directors at its February meeting, approved a resolution supporting two preliminary mobility hub locations in Rochester, MN, and authorizing up to $400,000 in financial support for additional studies and engineering.

The two recommended mobility hub locations – approximately four miles apart – will be connected by bus rapid transit (BRT). This high-capacity circulator will transport commuters, community members, and visitors into and around downtown Rochester in a safe, reliable, and efficient manner.

“We have chosen sites for transit hubs, but our vision is they are mobility villages where people can live, possibly work and park for the day,” said DMCC Board Chair R.T. Rybak. “We don’t just want to build ramps. We want to build communities.”

Proposed Mobility Hub Locations, Rochester, MN

In addition to the significant progress with the DMC transportation plan, nine private development projects, totaling more than $300 million, have planned openings in the DMC district in 2019. They include: Hilton hotel, First Avenue parking ramp, One Discovery Square, Urban on First apartments, Residence at Discovery Square apartments, Hotel Indigo (Holiday Inn renovation), Wells Fargo renovation, Chateau Theatre short-term use renovation, and the Ronald McDonald House expansion.  

“2019 is a remarkable year for Rochester, noted DMC Economic Development Agency Executive Director Lisa Clarke. “We are well on our way to achieving the DMC vision and creating a livable, sustainable and vibrant city.”

In his new role as Mayo Clinic President and CEO, Dr. Gianrico Farrugia, a 30-year veteran with Mayo Clinic, met with DMCC Board members and provided a few remarks.  

“Mayo Clinic’s commitment to Rochester, the state of Minnesota and DMC is very strong,” said Farrugia. “Mayo has experienced significant growth over the last five years, and we expect even more economic growth and development going forward.”

Farrugia noted that Mayo Clinic will invest over $1 billion in Rochester facilities and equipment between now and 2021.

Following the board meeting, DMCC hosted a collaborative session with the Destination Medical Center EDA Board, Rochester City Council and Olmsted County Board of Commissioners.

 

INCubatoredu – A New Course Hatches at Rochester Public Schools

The new INCubatoredu program will help students develop ideas from concept to pitch.

Rochester Public Schools (RPS) is debuting a national entrepreneurship program, INCubatoredu, this fall. This program is the first-of-its-kind in Minnesota.

INCubatoredu is a year-long course available to all RPS high school students in grades 11 and 12 (Century, John Marshall, Mayo, and RALC). Students have the opportunity to create and fully develop their own product or service. Real entrepreneurs and business experts serve as volunteer coaches and mentors guiding student teams through the processes of developing hypotheses about a business concept, testing those hypotheses, adapting, and continually learning and improving. This cycle of experimentation is combined with foundational business content such as marketing and finance. The course concludes with students pitching their ideas to investors to generate seed money to grow their operations.

“Entrepreneurship teaches to the heart of 21st Century skills: adaptability, collaboration, critical thinking, creativity, and problem-solving,” says Superintendent Michael Muñoz. “We know this program will ignite passion among our students and community. It is critical for us to partner with our talented and supportive community because their contributions will immediately impact the lives of our students.”

The School District is working to establish volunteer mentors, a licensed teacher, and a downtown Rochester space for the INCubatoredu program in the coming months, recognizing that a downtown space is an ideal location for community experts and mentors, as well as offering a real-world business setting for students.

Growing and amplifying the entrepreneurial ecosystem is a priority for Destination Medical Center Economic Development Agency (DMC EDA).Image result for INCubatoredu images Chris Schad, DMC EDA’s director of business development for Discovery Square and a collaborator in Rochester’s startup community, is energized by this new program.

“The students of Rochester Public Schools have a history of going out into the world to positively impact communities near and far. This program will not only help students develop skills that most entrepreneurs have to learn on the fly, it will help develop new businesses and jobs and keep talent in our region,” notes Schad.

 

A Message from Lisa Clarke

Rochester – A City on the Move

2019 will be a milestone year in the Destination Medical Center (DMC) district. From innovation to renovation, the growth happening in downtown Rochester is impressive. There are nine developments opening this year in the DMC district.

Among them are several DMC-supported projects, including:

In addition, Residence at Discovery Square apartments and the Ronald McDonald House expansion will debut.

Plus, a community treasure will experience a rebirth. Chateau Theatre, a Rochester institution, will re-open so residents and visitors to Rochester can experience new entertainment offerings in the Heart of the City. The Destination Medical Center Corporate (DMCC) Board and the Rochester City Council committed $1.1 million for this renovation.

This growth is energizing, bringing new living choices, hospitality and increased opportunities for startup businesses, and it’s just the beginning. With the increased density from new housing options in downtown Rochester, DMC will be collaborating with community partners to develop a retail, dining and entertainment strategy to ensure a robust and vibrant downtown for all to enjoy.

DMC is committed to a long-term transportation solution for downtown. This year, the DMCC Board and the Rochester City Council will move forward with selecting mobility hub locations and a circulator route to ensure fast, convenient and reliable transportation to and through downtown and assist in parking availability for residents, employees, students, patients and visitors in the future.

This is exciting, and we are less than five years into the implementation of the DMC development plan.  We have learned a lot and look forward to what the next five years will bring.

We appreciate the support of the community and the many partners who have contributed time and talent in support of DMC’s vision. Thank you.

Lisa Clarke, DMC EDA Executive Director

 

Downtown Rochester Experience: Profile on Pasquale Presa

After celebrating two years in business, Pasquale’s has embodied the neighborhood pizzeria feel in downtown Rochester, ranking as the number one best restaurant on TripAdvisor and the number one best pizza on TripAdvisor and Yelp.

As a food entrepreneur located in the Destination Medical Center (DMC) Discovery Square subdistrict, restaurant owner Pasquale Presa aims to maintain a position at the forefront of the local culture.

Presa was trained at the Culinary Institute of America in New York and came to Rochester in 2011. Community has always been of high value to him. The number one aim of his New York-style pizzeria is to provide great service and delivering a quality product. But the experience people have in the restaurant, that feeling of home is of equal importance to Presa.

“We have a tradition. We exemplify how we were brought up and how we are a part of family and part of a community,” says Presa. “To me, it’s very important to be so involved, to embrace change and step out of our comfort zone.”

With new developments, including a mix of luxury apartment homes, commercial space, and direct access to recreational trails, Pasquale’s exemplifies the “live, work, and play” environment of Discovery Square.

Presa said he’s honored and thankful to be located in Discovery Square. He continues to do his part to stay educated and involved in DMC developments.  He and his investment partners hope to grow with the neighborhood. His restaurant is across the street from the new apartments Urban on First, expected to open this summer, and one block south from the One Discovery Square Life Science Center, with a planned spring opening.

“This is a good place to be,” adds Presa.

City of Rochester Opens RFP for First-of-Its-Kind Mixed Income Housing

The City of Rochester and Destination Medical Center Economic Development Agency are inviting developers to submit proposals for a potential affordable or mixed-income housing development to be constructed in the air rights above a new city parking ramp.  This development project is the first of its kind for the City of Rochester.

The City is seeking an affordable or mixed-income housing development that provides for 50 percent or more of the units to be at rents affordable to persons at 60 percent of the area median income.

“The City of Rochester is especially proud of this parking ramp project given the opportunity to work with the development community to create more affordable housing in the downtown, says Terry Spaeth, Rochester Assistant City Administrator.  “We look forward to the creative ways in which a developer may approach this project.  We know that providing affordable housing is vitally important to the City’s success.”

A successful development project will promote the ideals of smart growth to create the following:

  • Provide affordable housing opportunities for persons at 60 percent area median income desiring to live close to employment, shopping, entertainment, without the necessity of relying on an automobile

  • Encourage the most efficient use of the downtown location

  • Establish a quality of sustainable design that will set a standard for future development in the area and integrates well with the current facility

  • Create a project that contributes to the goal of a walkable downtown

  • Implement innovative solutions/alternatives to address and reduce parking demand

“Workforce housing is a critical component of the Destination Medical Center (DMC) strategy as we continue to create a viable urban core for Rochester,” adds Lisa Clarke, executive director, Destination Medical Center Economic Development Agency. “This parking ramp is a DMC-funded ramp and the potential to develop a mixed-use project is an excellent opportunity to meet multiple needs – parking and housing – in downtown Rochester.”

The deadline to submit proposals is June 14, 2019.

Kicking off 2017: DMC puts you in the middle of it all

The DMC vision is not one that can be accomplished alone – or overnight. But with the advancements that took place on the DMC Development Plan over the past year, Rochester is well on its way to becoming a premier global medical destination.

It doesn’t take an urban planner to recognize the qualities it takes for a city to be successful. DMC is in the middle of it all: growth, investment, culture, community, innovation… the list goes on. And Rochester is hitting the mark on each attribute, ensuring 2017 will be another year of success.

Growth: A map on the DMC website highlights the fourteen projects currently in various stages of development in the DMC district, including the Alatus Development Project in St Marys Place (#14), the Titan-OPUS Project in Discovery Square (#3), and the Lofts at Mayo Park in the downtown Waterfront (#9), just to name a few.

Investment: Private investment gained significant momentum during 2016 that put DMC on course to reach the $200 million threshold that unlocks $585 million in public funds spanning over 20 years.

Live Blog | City’s Update: Chateau, Transportation, and Standards

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This shot of U.S. Highway 52 highlights Rochester’s transportation artery and it’s fastest route to the Twin Cities and Minneapolis-St Paul Airport.

Transportation

Rochester City Administrator Stevan Kvenvold said the City shares the Board’s emphasis on early transportation planning as essential to long-term development of Destination Medical Center.

Part of that will mean working to define specific plans and work with the Federal Department of Transportation to secure grants and funding for the projects, something the City intends to undertake in partnership with the Rochester-Olmsted Planning Department.

Chateau Theatre

While the transportation piece will be critical to setting the stage for resident and visitor movement into and throughout Rochester, Kvenvold’s updates on the Chateau Theatre will perhaps be of more import to local residents who have championed preservation and re-opening of the historical landmark.

The city’s bid to purchase the Chateau from its current owner is tentatively set to finalize within the next “couple of weeks,” Kvenvold said.