Tag: dmc corporation

DMCC board applauds progress in DMC sub-districts

With all the activity taking place in the Destination Medical Center (DMC) District, the recent DMC Corporation Board of Directors meeting agenda was a full one and included updates on DMC’s top development priorities, such as Discovery Square and Heart of the City.

Financial update

At the end of 2016, private investment in the DMC district surpassed $200 million, the threshold required to trigger the release of State dollars to support Rochester’s infrastructure needs. It was reported at the meeting that the Minnesota Department of Employment and Economic Development (DEED) certified the report and has authorized the release of $2.6 million of the state money for local infrastructure improvements by September.

“This is the reason we’ve been doing this for the past several years,” says DMCC board vice-chair R.T. Rybak. “I encourage the staff to take time to celebrate this achievement.”

Discovery Square Developments

One of six DMC sub-districts, Discovery Square will be a live-work environment organized around attracting and retaining the best and brightest to our community. While there is progress taking place in all of six sub-districts, Discovery Square is a board-identified priority for DMC, as are Heart of the City and transportation.

Live Blog | 2016: “Our Year of Building Momentum”

HeartOfTheCity-1024x523

Heart of the City, seen above, represents the heart of downtown. This district creates a true center of Rochester, a crossroads where Mayo Clinic, commercial, retail, and residential meet.

DMC Corporation Board member and Mayo Clinic Trustee Bill George called 2016 “our year of building momentum.”

As he has done at several previous DMC Corporation Board meetings, George continued to emphasize a strong focus on the Heart of the City sub-district.

“All the citizens, all the visitors to Rochster need to see improvements,” George said. “It’s incumbent upon us to get that moving quickly.”

George also suggested the DMC Economic Development Agency begin detailing plans for development of Heart of the City.

“We need to back this and get it moving,” George said. “We need to have specific milestones by which we can measure progress.”

Live Blog | Public Comment at DMC Corporation Board Meeting

Historic preservation remains top of mind for some of those following DMC and the DMC Corporation Board of Governors. At this morning’s public comment period, one person implored the board to watch closely the “power brokers” in Rochester and Minnesota, who are looking to profit from downtown development.

“Be aware of the motivations of the power brokers,” she said. “We feel that we are being rolled over.”

Citing the Connolly Building on Fourth Ave, the visitor admonished that public officials should take a more vigilant and proactive role in preserving Rochester’s historical buildings and landmarks.

“I believe that this board is sincere about historical preservation,” she said.

Board members, including Rochester Mayor Ardell Brede, affirmed the visitor’s desire to preserve local history, but challenged her assertion that not enough is being done in this regard.

Brede called attention to efforts currently underway to preserve and enhance buildings throughout downtown Rochester, including:

  • Former Senior Center – “the castle building”
  • Chateau Theatre
  • Connolly Building

DMC Corporation Board Chair Tina Smith, also affirmed the desire to preserve local history. January’s DMC Corporation Board meeting is slated to have a full discussion about historic preservation and how the DMC Corporation can help, she said.

“I’m very much looking forward to that discussion,” Smith said.