A proposed housing project near Rochester’s downtown is moving ahead with the support of neighbors and the City Planning and Zoning Commission.
North Rock Real Estate, representing ownership group GZ East Center Street LLC, laid out plans Wednesday for the Riverwalk Downtown City Apartments, a six-story, 149-unit apartment building. The building would replace homes on four parcels on East Center Street, on the east side of the entrance to Mayo Field.
Tag: In the News
Post-Bulletin: Chateau Theatre renovation plan to go to city council
A $21.3 million plan to expand the Chateau Theatre is headed to the Rochester City Council later this month for approval.
Called Option E, the plan by Miller Dunwiddie Architecture calls for expanding the theater east into the alley and excavating below the existing footprint of the building to add a lower level. Denita Lemmon, a Miller Dunwiddie associate principal, presented the proposed plan to the Chateau Theatre Re-use Task Force on Tuesday.
The alley expansion, Lemmon said, is to enlarge the theater’s lobby space. The entrance and lobby would be on the south side of the building, facing the Peace Plaza, with theater seats facing a stage on the north end of the theater.
ABC 6 News: New Apartment Complex Opening in Rochester’s Waterfront District
There’s a new addition to DMC’s Waterfront District with the construction of a new housing option downtown. The Lofts at Mayo Park is a 29-unit housing complex. It will offer both short and long-term leasing for people visiting for health care and residents of Rochester.
Tuesday, DMCC board members and city leaders were given a tour of the site. It’s a $9.5 million project. The real-estate trust behind the building said DMC didn’t dictate the process but instead approved what was done.
ABC 6 News: Investors and Innovators Leading to DMC Growth
Start-up companies, researchers and investors came together in Rochester Tuesday to demonstrate what they would bring to Destination Medical Center.
Investors and Innovators was a private event, with participants pitching their company’s value and economical place in the future plans and construction of DMC.
Attendees included health related companies with focuses such as diabetes care and spine therapy. Also presenting was the entrepreneurial hub, Collider, which is already established in Rochester.
It’s these events bringing innovative minds together on one platform that DMC says is key to Rochester’s growth over the next 10 years.
The Med City Beat: Noseworthy: Mayo Clinic on schedule to meet DMC development targets
Mayo Clinic is pleased with the progress it has made thus far under DMC.
In an interview with the trade magazine PRWeek, Mayo CEO John Noseworthy said the Rochester-based nonprofit is “on schedule to meet development targets” for DMC. He referenced the recent selection of M.A. Mortenson Company to develop the Discovery Square sub-district as a step in the right direction.
“I have no doubt it will be successful,” he said. “The interest in the business community is massive. The public has a right to weigh in and we expect that.”
Post-Bulletin: Rail proposal gets boost from DMC leader
ST. PAUL — A key Destination Medical Center leader voiced support today for an effort to build a privately funded high-speed rail line from Rochester to the Twin Cities.
Lisa Clarke, executive director of DMC’s Economic Development Agency, told a crowd of civic leaders gathered at Town and Country Club in St. Paul that improving the connection between Rochester and the Twin Cities is critical. That is especially the case as the $5.5 billion DMC initiative aimed at transforming Rochester into a global destination for health care moves ahead.
Star Tribune: Mortenson picked for Destination Medical Center’s Discovery Square
M.A. Mortenson Co. has been chosen as the developer for the research campus of Mayo Clinic’s Destination Medical Center (DMC) in downtown Rochester.
The six-block subdistrict which will be called Discovery Square is supposed to “serve as a point where physicians and scientists will come together with businesses and entrepreneurs to accelerate advancements in medical research and technology for critical advances in patient care,” according to an announcement.
Minneapolis / St. Paul Business Journal: Harbor Bay makes $5.5M bet on downtown Rochester
Harbor Bay Real Estate Advisors, the firm behind a 26-story tower project near the University of Minnesota has bought a restaurant
building near the heart of Rochester’s Destination Medical Center.Finance & Commerce reports on the $5.5 million deal for the former Michael’s Restaurant building at 15 S. Broadway Ave. The site is at Center Street West and South Broadway, about two blocks from Rochester’s Mayo Clinic.
Post-Bulletin: Panel recommends Heart of City design firm
A commitment to dream and a promise to inspire won RSP Architects a recommendation from a public advisory body to lead public space design in the Destination Medical Center sub-district Heart of the City.
The Heart of the City Community Advisory Committee on Monday interviewed representatives from three design firms to advance the vision of Heart of the City, a public space that is centered on Rochester’s Peace Plaza.
The committee agreed to recommend a design team led by RSP Architects, of Minneapolis. The recommendation will be reviewed by the Destination Medical Center Corp. Board of Directors and the Rochester City Council for final approval. The DMC Corp. board meets next on Aug. 25 and the council will consider the recommendation at its Sept. 7 meeting.
ABC 6 News: New Business Incubator Opens in Rochester
A hub for local entrepreneurs opened its doors Monday in Downtown Rochester. “Collider Core” gives novice and seasoned entrepreneurs a place to work and connect with each other. There are conference rooms, dedicated workspaces and help finding community resources to launch their business.
“I think its super important that what’s happening with DMC we have these sort of hubs to engage the entrepreneurial community in fact that’s why we called it Collider, we wanted these sort of random collisions to happen with people to get them successful,” Community Manager Jamie Sundsbak explains.
The business incubator is already looking to the future and aims to fill space in the DMC’s Discovery Square going forward.