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.
Tag: Lieutenant Governor Tina Smith
DMC on-track to surpass $200 million in private investments
The level of commitment for economic growth in Rochester is becoming more and more apparent with increased development and investment activity in the DMC District.
Press Release: Destination Medical Center Corporation Board Announces $152.4 Million in Total Private Investment
State Report on Private Investment Shows DMC on Track to Surpass $200 Million Threshold by End of 2016
ROCHESTER, Minn. (March 24, 2016) – On behalf of the Destination Medical Center (DMC) Corporation Board of Directors, DMC Board Chair Lt. Governor Tina Smith will present the 2015 private investment draft report to the Minnesota Department of Employment and Economic Development (DEED) for certification. The report shows $152.4 million in private sector investment in Rochester since July 1, 2013. During 2015, Mayo Clinic and the City of Rochester reported a total of $87.6 million in eligible private sector investments.
UPDATE: DMCC Board unable to meet
Despite best efforts, inclement winter weather prevented the DMC Corporation Board of Directors from meeting this morning as originally planned.
On behalf of the Board of Directors, Board Chair Lt. Governor Tina Smith will present the 2015 private investment draft report to the Minnesota Department of Employment and Economic Development (DEED) for certification.
The Board will officially approve the private investment report at a rescheduled meeting in April.