Tag: Innovation

Destination Medical Center and City of Rochester provide $100,000 in “Keep It Local” grant funding to 55 Rochester small businesses

Destination Medical Center (DMC) and the City of Rochester announced the distribution of $100,000 in funding to 55 Rochester businesses through the Keep It Local, COVID-19 Innovators Grant Program. The grant program assists small businesses that were impacted by the COVID-19 pandemic and are working with other small business to respond to those challenges.

Destination Medical Center and City of Rochester provide $100,000 in grant funding for Rochester small businesses

Small Business phrases

Destination Medical Center (DMC) and the City of Rochester announced a new grant program to assist Rochester small businesses impacted by the COVID-19 pandemic. The Keep It Local, COVID-19 Innovators Grant Program will reward businesses who are exemplifying innovation and collaboration by working together in response to the challenges posed by COVID-19. The city is offering $50,000 in grant funds with DMC contributing $50,000 to businesses located in the DMC District.

Rochester entrepreneurs create website to inspire new adventures in Southeast Minnesota

Andy Vig (left) and Chris Lukenbill

Endless adventures await throughout Southeast Minnesota. You just need to be able to find them.

That’s where Shrpa comes in. Rochester residents Chris Lukenbill and Andy Vig created the online resource to share ideas for local activities.

“There were so many things to do that we were finding out about in Rochester through other people’s adventures and expeditions,” said Lukenbill. “They were discovering new things that we had never known about.”

“You can usually do the research by looking up Yelp, Google, talking to people, trying to aggregate all this yourself, but that’s so much work,” Vig said. “I’ve got two young kids, Chris has two slightly older kids, and there’s just no time in the day for that.”

DMCC Board Doubles Down on Discovery Square in Rochester, Minnesota

Approves Next Phase of Life Science and Technology Campus

The Destination Medical Center Corporation (DMCC) Board today approved $7.3 million in public infrastructure funding for Mortenson Development Inc’s construction of Discovery Square Two in the DMC Discovery Square subdistrict.

The $45 million project will be a five-story,124,000 square foot, LEED-certified medical office and lab building with outdoor space, connectivity to One Discovery Square, tenant and public programming and potential 5G connectivity. The building will support approximately 500 long-term jobs while its construction will create approximately 800 short-term jobs.

Mortenson Plans a Sequel to One Discovery Square

Artist’s rendering of the proposed Two Discovery Square (left) with One Discovery Square (right).

Mortenson has submitted plans with the City of Rochester for a new development – Two Discovery Square – adjacent to its One Discovery Square life science building in downtown Rochester, MN. This news comes as global tenants continue to be announced in One Discovery Square, including most recently, Philips and Boston Scientific.

The proposed five-story, 124,000 square foot building furthers Mortenson’s bioscience, research and collaboration vision within the Destination Medical Center (DMC) Discovery Square subdistrict.

“One Discovery Square, highlighted by a number of recently communicated tenant announcements, has been a terrific success,” said Brent Webb, Mortenson Development Manager. “For that reason, we remain bullish on the future of the Discovery Square subdistrict. The Site Development Plan we submitted is evidence of that optimism and confidence, and it will be a positive step toward advancing the project once approved.”

“One Discovery Square is a great example of the DMC plan playing out in a very successful way – as a catalyst and economic generator to attract new businesses and jobs,” said Lisa Clarke, DMC Economic Development Agency executive director.  “This success compels new developments in the Discovery Square subdistrict. We look forward to these discussions as Discovery Square continues to grow.”

Mortenson will share its vision for Two Discovery Square with the DMC Corporation board of directors at its September 26 meeting.

Anna-Maria and Stephen Kellen Foundation’s $32 Million Gift Advances Mayo Clinic Research

By permission of Mayo Foundation for Medical Education and Research. All rights reserved.

A generous $32 million gift from the New York-based Anna-Maria and Stephen Kellen Foundation will enable Mayo Clinic to expand its research mission with the construction of a four-story, 64,000-square-foot research building in Rochester.

Planning for the Anna-Maria and Stephen Kellen Building is underway, with groundbreaking expected in 2020 and occupancy in 2022. The building will be located just north of Mayo Clinic’s Opus Building, which is on the corner of Fourth Street Southwest and Fourth Avenue Southwest in Rochester.

“We cannot overstate our gratitude to the Anna-Maria and Stephen Kellen Foundation,” says Gianrico Farrugia, M.D., Mayo Clinic’s president and CEO. “Research is critical to infusing new knowledge into patient care. It paves the way to solve serious or complex medical challenges for our patients at Mayo as well as patients around the world. This remarkable gift will allow us to meet a critical need for research space on our Rochester campus.”

The gift was directed to Mayo Clinic by Michael M. Kellen, foundation president, and Marina Kellen French, vice president. Their parents, Anna-Maria and Stephen Kellen, now deceased, received care at Mayo Clinic for decades, and that trust and care have continued into the next three generations. Stephen M. Kellen was president and CEO of Arnhold and S. Bleichroeder Inc., an international investment firm based in New York, now known as First Eagle Investment Management LLC.

“Our family’s history with Mayo Clinic spans more than four decades, and the physicians and staff at Mayo have become like family to us,” says Marina Kellen French. “We are thrilled to be able to support Mayo and be part of advancing medical research that will help patients for decades to come.”

The Anna-Maria and Stephen Kellen Foundation has been a significant contributor to Mayo Clinic over many years, funding various initiatives and projects in support of Mayo Clinic’s highest priorities. The foundation also has supported the Dr. Richard F. Emslander Professorship at Mayo Clinic College of Medicine and Science in recognition of the care that Richard Emslander, M.D., provided to the family over many years.

“Medical research has always been a strong interest of our family,” says Michael M. Kellen. “We are pleased that this gift will address a high-priority need at Mayo while honoring our parents’ legacy in a visible and meaningful way.”

The Anna-Maria and Stephen Kellen Building will add to the Discovery Square sub-district in downtown Rochester. Discovery Square is the research, innovation and development hub of the $5.6 billion Destination Medical Center (DMC) initiative.

“The new Anna-Maria and Stephen Kellen Building will bring more Mayo Clinic expertise to DMC’s Discovery Square and complements the unique entrepreneurial environment of the subdistrict,” adds Lisa Clarke, executive director, DMC Economic Development Agency.

Decisions regarding specific use and occupancy of the new building will be made as part of the planning process this year.

Destination Medical Center Corporation Board Green Lights Mobility Hub Locations in Rochester

“Our vision is for mobility villages where people can live, possibly work, and park for the day,” ~ R.T. Rybak.

The Destination Medical Center Corporation (DMCC) Board of Directors at its February meeting, approved a resolution supporting two preliminary mobility hub locations in Rochester, MN, and authorizing up to $400,000 in financial support for additional studies and engineering.

The two recommended mobility hub locations – approximately four miles apart – will be connected by bus rapid transit (BRT). This high-capacity circulator will transport commuters, community members, and visitors into and around downtown Rochester in a safe, reliable, and efficient manner.

“We have chosen sites for transit hubs, but our vision is they are mobility villages where people can live, possibly work and park for the day,” said DMCC Board Chair R.T. Rybak. “We don’t just want to build ramps. We want to build communities.”

Proposed Mobility Hub Locations, Rochester, MN

In addition to the significant progress with the DMC transportation plan, nine private development projects, totaling more than $300 million, have planned openings in the DMC district in 2019. They include: Hilton hotel, First Avenue parking ramp, One Discovery Square, Urban on First apartments, Residence at Discovery Square apartments, Hotel Indigo (Holiday Inn renovation), Wells Fargo renovation, Chateau Theatre short-term use renovation, and the Ronald McDonald House expansion.  

“2019 is a remarkable year for Rochester, noted DMC Economic Development Agency Executive Director Lisa Clarke. “We are well on our way to achieving the DMC vision and creating a livable, sustainable and vibrant city.”

In his new role as Mayo Clinic President and CEO, Dr. Gianrico Farrugia, a 30-year veteran with Mayo Clinic, met with DMCC Board members and provided a few remarks.  

“Mayo Clinic’s commitment to Rochester, the state of Minnesota and DMC is very strong,” said Farrugia. “Mayo has experienced significant growth over the last five years, and we expect even more economic growth and development going forward.”

Farrugia noted that Mayo Clinic will invest over $1 billion in Rochester facilities and equipment between now and 2021.

Following the board meeting, DMCC hosted a collaborative session with the Destination Medical Center EDA Board, Rochester City Council and Olmsted County Board of Commissioners.

 

Historic Chateau Theatre Renovations Well Under Way

There is great excitement and passion in the Rochester community for the re-opening of the historic Chateau Theatre – currently under renovation and planned to open summer 2019.

The Destination Medical Center Corporation (DMCC) Board and Rochester City Council approved $1.1 million in DMC funding for this renovation. Indoor improvements are progressing, with roof repair planned for the spring.

“The Chateau Theatre is an important community asset and this renovation for initial reuse is the first step to realize the long-term vision of the Chateau Theatre,” says Patrick Seeb, DMC EDA director of economic development and placemaking and member of the Chateau Theatre reuse task force.

This renovation preserves the historic architecture of the building, removes the second floor and escalators, and improves restroom facilities, transforming this now-vacant space into a venue that can be used for many forms of entertainment including concerts, movies, comedy shows, lectures, weddings, and dinner events.

In tandem with updates being made to the Chateau Theatre, the City of Rochester and DMC EDA are seeking RFPs for programming, operations, and management of the facility.  A pre-proposal meeting will be held on January 31, 2019, from 10:00 a.m. – 12:00 p.m. at the Chateau Theatre for interested parties wanting to learn more about the opportunity. RFP responses are due to the City of Rochester by February 15, 2019.

The opening of the Chateau Theatre is part of a milestone year for DMC, notes DMC EDA executive director Lisa Clarke. “The Chateau Theatre is truly at the heart of downtown Rochester, and it will create more culture and entertainment options for Rochester patients, visitors, and community members, adding to the vibrancy of the downtown and the city as a whole,” says Clarke.

To keep the community updated, DMC EDA is developing a Heart of the City web page with a highlight section on the Chateau Theatre (soon to launch). In addition, the City of Rochester has created a Chateau Theatre timeline of activity.