Tag: Traci Downs

DMC Storyteller Video Series: “In the Middle of Investment” with Traci Downs

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Private investment is critical to the balanced growth of a city’s economy and workforce, and a growing number of Americans are investing less in Wall Street and more in their local communities. Rochester is no different.

To help illustrate the many ways individuals are transforming Rochester, DMC has created a video series called “DMC Rochester, MN Storyteller Videos.” These snapshots of forward-thinking people and approaches showcase the opportunities that exist in Rochester as DMC sets in motion a new future for America’s City for Health.

In the Middle of Investment

Companies, non-profits, and individuals – local and global – have demonstrated confidence in the future of the Destination Medical Center (DMC) initiative by investing in projects throughout the DMC District. In March, that investment resulted in DMC not only meeting but exceeding the $200 million threshold required to release state infrastructure dollars, with investments at that time totaling $297 million.

Traci Downs

RAVE 2016: Honoring Rochester’s entrepreneurs

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In every success story, you will find someone who has made a courageous decision. – Peter F. Drucker

DMC’s mission to attract people, investment opportunities, and jobs to Rochester is reflected in the entrepreneurial spirit of our community. Several of those entrepreneurs were honored at the third annual RAVE (Recognizing, Awarding, and Valuing Entrepreneurs) celebration in November.

screen-shot-2016-12-12-at-5-25-41-pmHosted by the Rochester Area Economic Development, Inc., known locally as RAEDI, the event welcomed 200 guests and over 75 entrepreneurs.

Star Tribune: Rochester couple renovate historic Conley-Maass building

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Visitors mingling during the event.

Drawn to Rochester for medical treatment at the Mayo Clinic, Traci Downs and her husband, Hunter, originally thought they’d be in southeast Minnesota for only six weeks.

That was a few years and a business relocation ago.

Now permanent residents, the Downses this summer plan to open one of the first buildings in the state’s largest-ever economic development project. Their renovated Conley-Maass building, a former woolen mill and factory just blocks from the Mayo Clinic, will house, among other things, a restaurant, two tech companies and a “Maker’s Lab” equipped with a 3-D printer.