Tag: Proposal

DMCC Board Reviews Two Major Mixed Use Development Proposals

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Projects would add over 270 apartment units and 200 hotel rooms to DMC district 

ROCHESTER, Minn. (Oct. 27, 2016) – The Destination Medical Center Corporation (DMCC) Board of Directors today received a preliminary view of two significant mixed-use project proposals aimed at building hotel, retail, and residential housing options in key sub-districts within the DMC District. Board members also received an update regarding transportation planning efforts and approved the DMCC’s funding request for 2017.

Titan Real Estate and Investments and the Opus Group provided initial background on a proposed 156-unit apartment complex that would be built in the Discovery Square district upon a First Ave. surface parking lot. The development would include retail and parking within, as well as a green roof and pedestrian access to downtown. Titan, a local company, was the developer of “Broadway at Center,” one of two DMC-approved projects.

Star Tribune: Riverfront plans get first look from Rochester’s Destination Medical Center board

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A first look at a proposed $200 million riverfront project cheered the Destination Medical Center Corp. board at its monthly meeting on Thursday, even as some members expressed frustration with the pace of transportation planning in Rochester.

The proposed project, a hotel/condo/retail complex, would sit on the banks of the Zumbro River, which, despite passing near the heart of the city, is largely inaccessible thanks to a 1990s-era flood-control project. The concept calls for tying downtown into the riverfront with a shallow splash pool, fountain, water wall, outdoor restaurant with seating overlooking the river and a possible kayak launch.

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