With a number of new housing and retail developments and a burgeoning entrepreneurial spirit, Rochester is booming. And Destination Medical Center (DMC) is in the middle of it all.
2016 brought new developments in each of the DMC sub-districts, including housing, hotels, retail, restaurants and other businesses, that will inspire dynamic places to live, work, and play, filled with culture and recreation. 2017 is certain to bring more of the same.
Partnerships are integral to the success of the DMC vision, so last week a variety of investors and innovators came together to explore how we can advance development and improve healthcare.
The DMC vision moved another step closer to becoming a reality today when Mayo Clinic announced today that it will collaborate with M.A. Mortenson, a Minneapolis-based real estate development and construction firm, on the DMC sub-district Discovery Square.
Over the next 20 years, Mayo Clinic will add 2 million square feet of space in Discovery Square for research, education, and product development.
“With [Mortenson’s] experience, they will be a fantastic partner with Mayo to spearhead the development of the six-block Discovery Square, the bioscience research, education and medical innovation campus that is the core of the DMC,” says Lt. Governor Tina Smith, DMC Corporation Board Chair. “Discovery Square, which will include Mayo and other private businesses, is a key milestone for DMC.”