As Minnesota Governor Mark Dayton prepares to leave office after eight years at the helm, he has announced his list of the Top 25 Major Accomplishments that have taken place since he entered the office of Governor, and Destination Medical Center (DMC) was highlighted as one of his administration’s top achievements.
The Destination Medical Center Corporation (DMCC) Board of Directors applauded the significant accomplishments in the Destination Medical Center (DMC) district in 2018 at its final board meeting of the year on November 13. These accomplishments include eight approved private projects at various stages of development with several to complete construction and renovations and open in 2019, including the Hilton Hotel, One Discovery Square, Hotel Indigo, and Urban on First.
The DMCC Board reaffirmed its commitment to Heart of the City and support of $1.1 million in renovations to the historic Chateau Theatre, with construction to begin this December. A summer 2019 re-opening of the theatre is projected.
You might have been caught by surprise if you walked by the Peace Plaza on a brisk October evening and saw more than 200 people gathered together sharing a family-style meal outside. But that’s exactly what happened on October 17 during the inaugural Destination Medical Center (DMC) Annual Meeting, where the community came together to celebrate the impact of the first five years of the 20-year DMC initiative.
Mayo Clinic has announced plans to collaborate with Singapore-based real estate developer Pontiac Land Group to expand the clinic’s Gonda Building. The collaboration will advance Mayo Clinic’s expansion plans by nearly a decade. The 11-floor vertical expansion will include four floors dedicated to new clinical space and seven floors that will house a premier hotel.
“The expansion of the Gonda Building on Mayo Clinic’s downtown Rochester campus to accommodate new clinical space and a new hotel are wonderful additions to Destination Medical Center’s Heart of the City,” says Destination Medical Center Economic Development Agency Executive Director Lisa Clarke. “This unique collaboration – and Pontiac Land Group investing here – also continues to prove that Rochester is an attractive market for investors and developers from around the globe.”
While details are still being finalized, preliminary plans indicate construction will begin in late 2019 or early 2020.
Click here to learn more about this exciting new downtown Rochester, Minnesota development.
The success of Minneapolis in creating a new vibrancy in its downtown urban core didn’t happen because of one or two development projects – or because of a single event like hosting the Super Bowl. Rather, it was the result of many diverse and civic-minded players working to stitch together a puzzle of very different ideas and interests to create a shared vision of renewal.
That was a key takeaway from the third annual “best practices” tour of Minneapolis’s city center on August 30 by a cross-section of Rochester civic and business leaders.
As in previous years, the 2018 tour was organized by the Destination Medical Center Economic Development Agency (DMC EDA) and curated by University of Minnesota urban design researcher Tim Griffin.
With Destination Medical Center at the core of driving business, new development, and growth in Rochester and the region, employers are on the hunt for talent.
Now, your go-to resource for all things workforce is only a click away. Hubsource, an online tool developed by the Rochester Area Chamber of Commerce, connects job seekers with openings in southeast Minnesota and provides a convenient way for local businesses to reach national talent. It is free for Rochester Chamber members and offers a hassle-free way for individuals to find real, relevant jobs throughout the region.
Interested in learning more about transportation? Discovery Walk? Heart of the City? Come to Thursdays on First & 3rd on June 28. Destination Medical Center (DMC) and other community partners will come together on Historic Third Street to provide an interactive look inside the plans and progress taking place in the downtown Rochester.
The Rochester International Airport (RST) delivered exciting travel news for the region recently with the announcement of new airline service at RST.
Beginning in July, Elite Airways will operate nonstop flights to two new destinations from RST: Phoenix, Arizona (PHX) and St. Augustine, Florida (UST).
“The Rochester International Airport is a critical asset to the community,” says Destination Medical Center (DMC) Economic Development Agency Executive Director Lisa Clarke. “The launch of this new air service is great news for Rochester and southeastern Minnesota and aligns nicely with the DMC initiative and the growth of the region.”
By Lisa Clarke, DMC Economic Development Agency executive director
Recently, biotech startup Vyriad announced it would build out 25,000 square feet of space on the former IBM Campus in northwest Rochester. Vyriad’s decision to grow its business locally demonstrates both investment and confidence in Rochester and Minnesota.
High-potential startups that originate in the Midwest are often encouraged to relocate to the coasts in order to maximize business opportunities, but Vyriad, which is developing genetically-engineered viruses for the treatment of numerous forms of cancer, found it important to remain in Rochester.