Tag: DMC Economic Development Agency

Mayo Clinic’s recently awarded grant complements Discovery Square

The Mayo Clinic has been awarded $142 million in funding from the National Institutes of Health to create a research repository of biologic samples to advance precision medicine.

The grant complements the Destination Medical Center’s efforts to position Rochester – and specifically Discovery Square – as an international hub for medical innovation.

Discovery Square is the economic engine for DMC. It represents the future of biomedicine, research, and technology innovation and is anticipated to be one of the largest drivers of job growth in Rochester,” says Lisa Clarke, executive director of the DMC Economic Development Agency.

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Photo credit: Mayo Clinic

DMC Corp. board of directors meeting highlights downtown development

Downtown development received top billing at the most recent meeting of the Destination Medical Center (DMC) Corporation Board of Directors.

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Rendering: Downtown Waterfront sub-district

Abu Dhabi-based Bloom Properties gave an update on a mixed-use project that will be anchored in the Downtown Waterfront sub-district. The $180-200 million project will include residential, hospitality, and retail space, as well as space for outdoor concerts and ice skating.

Board member and former Minneapolis Mayor R.T. Rybak called the proposal “a home run,” saying it meets a lot of the DMC’s goals for housing, retail, and community spaces.

Destination Medical Center Corporation Board Meeting Highlights Substantial Progress Occurring in DMC District

ROCHESTER, Minn. (May 26, 2016) – At today’s board meeting, the Destination Medical Center (DMC) Corporation Board of Directors highlighted the substantial progress being made on projects in the DMC District. These projects include some of the DMC’s top development priorities: Discovery Square, Heart of the City, and transportation improvements. The Board also heard plans for DMC’s participation in this year’s BIO International Convention, the largest international event for the biotechnology industry.

KIMT: Looking for ideas in downtown Rochester

The downtown landscape of Rochester is ever-changing, and come this September you will see many more creations.

The Rochester Downtown Alliance, along with Destination Medical Center and the Rochester Art Center are putting together what’s called PlaceMakers Prototyping Festival. This year’s theme is health and building the environment.

The idea of this fest is to have creative people come up with ideas to fill physical space. This could be as simple as creating something unique on a cement arch that hangs over a parking garage and restaurant. The possibilities are endless and the festival will take place this September downtown.

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DMCC board welcomes two new members

In 2015, the Destination Medical Center Corporation board expressed the need for 2016 efforts to focus on three key areas – momentum, metrics, and marketing. Updates provided at the April 18 board meeting clearly indicated all those invested in bringing the DMC vision to life were listening.

Destination Medical Center Corporation Board Discusses Development Process and Energy Planning; Welcomes Two New Members

ROCHESTER, Minn. (April 18, 2016) – At today’s special board meeting, the Destination Medical Center (DMC) Corporation Board of Directors discussed the DMC development process and heard updates from the DMC Economic Development Agency (EDA) and the City of Rochester on development and investment activity within the DMC District, including two DMC priorities — Discovery Square and Heart of the City.

As part of the new DMC development process, the DMC EDA staff has been working with City of Rochester staff and the development community to prepare a developer resource guide. The guide includes tools and resources to assist developers as they consider development opportunities within the DMC District, including information on the project review and approval process and potential funding sources.

Rochester Launches Hospitality-Industry Accreditation Program

Rochester has launched a new hospitality industry accreditation initiative focused on hotels, restaurants, retail, and transportation companies to enhance the experience of patients, visitors, and community members.

The Rochester Convention & Visitors Bureau (RCVB), Mayo Clinic, and Destination Medical Center (DMC) have partnered to develop the Experience Accreditation program, a first of its kind hospitality initiative in the state of Minnesota.  “This accreditation initiative marks an important milestone in recognizing businesses who provide the highest quality customer experience,” said Brad Jones, executive director of the RCVB. “This program will promote high service standards and unmatched hospitality in our city. It is a valuable step forward in making Rochester an even better destination for patients and visitors with positive benefits for Rochester residents,” said Jones.

Businesses awarded accreditation have met standards developed by leaders from local hospitality businesses and organizations, related to customer service, staff development and guest satisfaction.  Specific accreditation requirements differ by business type and can include timely responses to visitor concerns and employee training through the national Certified Tourism AmbassadorTM program.  Additional requirements include restaurants offering menu options to meet the dietary needs for a variety of people and hotels displaying the RCVB’s destination guide video in guest rooms. Businesses awarded Experience Accreditation certificates include Scheels, Posh Boutique, Hers, Twigs Tavern & Grille, and Homewood Suites by Hilton.

DMC joins Rochester Area Chamber of Commerce and SE Minnesota leaders in St. Paul

More than 200 people from 10 southeast Minnesota chambers of commerce made the trek to St. Paul to engage with state legislators.

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Executive director Lisa Clarke

This was the first time the region has joined together for this event, and Lisa Clarke, DMC EDA executive director, recognized the importance and appreciation of this type of synergy.

“Having us together to represent our region as a whole is a testimony to how we are working together to make an impact for the state of Minnesota,” she says.

Destination Medical Center Corporation board to meet on Thursday, March 24

The Destination Medical Center Corporation (DMCC) board will hold its regularly scheduled meeting at 9:30 a.m. on Thursday, March 24 at the Mayo Civic Center.

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Almost a year has passed since the DMC Development Plan was approved, and much progress has been made. Private sector response and investor activity have increased significantly, illustrating the commitment of investors, developers, and Mayo Clinic to ensure the success of DMC and enhance the opportunities in Rochester.

Post Bulletin: Our View: Change requires defined expectations

After waiting a few minutes to speak during a downtown press conference on transportation this week, Rochester City Council Member Michael Wojcik glanced over his shoulder and referenced the possibility that new buildings may have popped up during his wait.

The joke featuring unrealistic expectations in the midst of Destination Medical Center efforts draws attention to blossoming realities: Developers are looking for local opportunities, and growth is coming.

In the wake of St. Cloud-based developer Larry Brutger’s decision to back off plans to erect a new Holiday Inn across from Mayo Clinic’s Saint Marys Hospital, a related reality is being brought to light — development takes time, and everything doesn’t always go as planned.