Tag: Discovery Square

New tenant announced in DMC’s Discovery Square at DMCC board meeting

October 1, 2018General

The Destination Medical Center Corporation (DMCC) Board of Directors recognized significant progress with several DMC projects at its September 25 meeting. Among them – One Discovery Square – a Mortenson development consisting of 90,000 square feet of lab and office space that will cater to the life science economy.

Mortenson Director of Real Estate Development Jeremy Jacobs updated the Board on progress, and when asked about any new leases, he noted that Epic has signed on as a new tenant, joining previously announced anchor tenants Mayo Clinic and the University of Minnesota Rochester. Additional companies (large and small) will be announced within 60 – 90 days. One Discovery Square is expected to open in April 2019.

New tenant announced in DMC’s Discovery Square during DMCC board meeting

September 26, 2018Press Releases

(Rochester, Minnesota) Sept. 25, 2018 – The Destination Medical Center Corporation (DMCC) Board of Directors today recognized significant progress with several DMC projects. Among them – One Discovery Square – a Mortenson development consisting of 90,000 square feet of lab and office space that will cater to the life science economy.

Sign up for an Assistive Tech Challenge Orientation

September 6, 2018General

Are you curious about how you can get involved in the Assistive Tech Challenge? Join us for an orientation session to learn more.

The Assistive Tech Challenge is a pitch competition to facilitate greater independence for individuals with disabilities and the daily challenges they face. Teams compete for prize money to advance their ideas about ways to alleviate barriers to employment, reduce the need for or ease the demands of care providers, help develop social skills to better enable people with and without disabilities to interact and cultivate meaningful relationships, and improve access to the community through public infrastructure.

Introducing: The Assistive Tech Challenge

August 17, 2018General

The Assistive Tech Challenge is a pitch competition presented by Destination Medical Center’s Discovery Square in collaboration with The Arc Minnesota Southeast Region, and the disABILITY Mayo Clinic Employee Resource Group to facilitate greater independence for individuals with disabilities and the daily challenges they face. The Challenge is also intended to strengthen their ability to live more independently and help reduce the direct support workforce crisis confronting communities in the region and across the United States.

Another milestone in DMC’s Discovery Square

July 1, 2018General

Last beam being placed at One Discovery Square

Local leaders celebrated another Destination Medical Center (DMC) milestone this week with the topping off of the One Discovery Square development.

Speakers at the event included David Mortenson, Chairman of Mortenson; Lisa Clarke, Executive Director of the DMC Economic Development Agency; Ardell Brede, Mayor of the City of Rochester; and Gregory Gores, M.D., Executive Dean for Research with Mayo Clinic.

University of Minnesota Rochester signs on as an anchor tenant in One Discovery Square

June 7, 2018General

One Discovery Square was designed with collaboration in mind to support the acceleration and translation of the most promising health-related therapies and technologies. Mortenson has announced that the University of Minnesota Rochester (UMR) will be a new tenant in the unique, state-of-the-art facility in Destination Medical Center’s Discovery Square, where doctors and researchers will explore innovative new discoveries and bring them to market – and ultimately to patients – faster.

Five Questions with Chris Schad, Destination Medical Center’s Director of Business Development – Discovery Square

April 26, 2018General

Chris Schad is a driving force behind Destination Medical Center’s Discovery Square. He directs business and economic development for the healthcare technology hub that is the cornerstone of the Destination Medical Center (DMC) initiative. He works to recruit healthcare companies to Rochester and attract investment capital to the region. He is also passionate about growing the entrepreneurial ecosystem in Rochester, a key to our community’s long-term success.

We spent some time with Chris to learn more about his priorities for Discovery Square and why he thinks Rochester is a hidden gem.

Discovery Walk: A place of connection

March 1, 2018General

Though skylines are often the most recognizable feature of notable American cities, the activity taking place on the ground is where we find the human-to-human connections that make up the true heart of a community. Destination Medical Center – together with community leaders, business owners, engaged citizens, and the City of Rochester – is strategically exploring the best ways to nurture life and activity at street level.

“Discovery Walk” is the public realm that runs along four blocks of 2^nd Avenue Southwest (from the Heart of the City at 2^nd Street to Soldiers Field Park at 6^th Street). The plan is to transform the underused and uninviting two-lane street into a tree-lined, multi-use linear parkway.

Increased funding options offer opportunity for SE MN entrepreneurs

February 20, 2018General

Access to capital is a common obstacle faced by entrepreneurs looking to launch and grow businesses. Communities that offer diverse funding options for innovators tend to be healthier and more prosperous than those without.

Since there is no single blueprint for financing the launch or expansion of a business, area leaders have worked tirelessly to create new funding sources to help enhance the local entrepreneurial environment and get these businesses off the ground.

These funding sources will be of critical importance to Destination Medical Center (DMC) as the DMC Development Plan positions Discovery Square as a keystone to the DMC economic strategy, resulting in the need for multiple sources of readily available capital for new and growing businesses.

Discovery Walk: Connecting the District

December 7, 2017General

Cities across the country are exploring new and improved ways to design the streets and corridors that connect us to the places we live, work, and play. In downtown Rochester, DMC is looking at options to provide practical, safe, and appealing ways for everyone to move between the six sub-districts.

Most recently, designers for DMC have been focusing on the future of a four-block segment of Second Avenue SW. The corridor – which extends south from Heart of the City through Discovery Square and down to Soldiers Field – has been dubbed “Discovery Walk.”

“Connecting existing and future assets of downtown is essential,” says Patrick Seeb, director of economic development and placemaking for the initiative’s Economic Development Agency. “Discovery Walk will be an integral piece of the greater plan for the DMC District.”

Discovery Walk is among several downtown streets to be redesigned as part of the DMC initiative.