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.
More signs of development in DMC’s Downtown Waterfront sub-district have taken shape. The Lofts at Mayo Park, a 29-unit housing development, will soon offer new housing options – short- and long-term, furnished and unfurnished – to visitors and residents of Rochester.
DMC Corporation board members, DMC Economic Development Agency (EDA) staff, and city leaders were given a tour of the site in late October.
There isn’t a blueprint for becoming an entrepreneur. There also isn’t a universally agreed-upon definition. In the simplest sense, an entrepreneur is an individual who identifies a need or a problem and finds a way to fill it or a solution to fix it. An entrepreneur can be an inventor, an artist, or an organizer. In the end, it’s not so much the definition but the impact of entrepreneurship that matters. That impact is so powerful that, every November, 165 countries around the world dedicate an entire week to celebrating it.
GEW Rochester kicks off on Monday, November 14 and runs through Friday, November 18. Events throughout the week provide opportunities to learn from those involved in new and existing startups, to support the evolving entrepreneurial ecosystem in Rochester, and to connect with kindred spirits.
For the past fifteen years, the Minneapolis and St. Paul Chambers of Commerce have been bringing together thought leaders from across the state of Minnesota to explore and study issues in urban regions of the country. Last year, the group traveled to Seattle, while previous years have brought them to San Francisco, Denver, Portland, Austin, Charlotte, Atlanta, Toronto, San Diego, and Boston.
This week, members of the DMC Economic Development Agency leadership joined nearly 100 other civic, business, and philanthropic leaders from across the state to participate in the 15th Annual InterCity Leadership Visit to Baltimore.
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.
Four transportation consulting groups gathered in Rochester this week to observe traffic conditions and transit operations on a typical weekday and, ultimately, advance the DMC vision through first-hand knowledge of existing capabilities and future needs.
The DMC Plan identifies the need to create an integrated system of parking and transit options to better facilitate pedestrian and bicycle options and create efficient, healthy, high-amenity options that can accommodate a doubling of downtown jobs. “Infrastructure is the backbone of our DMC planning, with transportation being a critical component,” says Lisa Clarke, DMC EDA executive director. A world-class transportation network would not only improve livability for Rochester’s residents and businesses but also attract the workforce talent required to achieve the DMC vision.
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.
As the Destination Medical Center economic development initiative takes off, so has Rochester’s housing market.
Case in point: new mixed-use apartment complexes are under construction in or on the outskirts of the DMC district which include Flats on 4th, Lofts at Mayo Clinic, 501, and 1st Avenue Lofts.
DMC Executive Director Lisa Clarke said these projects demonstrate that investors and developers see promise in Rochester’s future.
“If you want to measure the DMC’s momentum, just look at how many construction trucks and hard hats you see around the city,” said Clarke. “Every groundbreaking represents progress toward our ultimate goal, which is to transform Rochester not only into a health and wellness destination for patients, but a place that attracts talented, diverse workers from all over the world.”
Destination Medical Center Executive Director Lisa Clarke will be featured in a live online interview sponsored by Medicom Health on Tuesday, June 28th – and you can join the conversation!
“Healthcare: Innovation and Impact” is an online interview series featuring leading healthcare executives who share their perspective on developing trends, industry challenges, and successes.
ROCHESTER, Minn. (June 23, 2016) – At today’s board meeting, the Destination Medical Center (DMC) Corporation Board of Directors discussed Mayo Clinic’s recent announcement of a major milestone for DMC’s Discovery Square; highlights from this year’s BIO International Convention; DMC urban design guidelines; and updates on DMC priorities, including Heart of the City and transportation.
“Mayo Clinic’s investment in Discovery Square is an exciting step for the City of Rochester. Discovery Square will propel the development of innovative ideas, products, and businesses in southeast Minnesota,” said Lt. Governor Tina Smith, DMC Corporation Board Chair. “We are well-positioned to make Rochester ‘America’s City for Health’ and the world’s premier destination for health and wellness.”