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DMC Discovery Square

DMC’s Discovery Square, which will include the current Minnesota BioBusiness Center, is anticipated to be one of the largest drivers for job growth as it positions Rochester to attract medical innovators and researchers with the ultimate goal of commercializing new medical discovery and businesses throughout the city and the state. A feasibility study of the proposed biobusiness hub Discovery Square is expected in February of 2016, according to Economic Development Agency Director and Mayo Clinic Chief Administrative Officer Jeff Bolton. The study, which is being funded by Mayo Clinic, will evaluate the extent to which Mayo Clinic and DMC might attract investment and entrepreneurs to Rochester, in addition to potential developer revenue streams and other types of industries that might be interested. “We’re hoping this serves as a hotbed of innovation that pushes us toward new modes of development,” Bolton said.

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This project is in Develop Phase

Collaborators, Project Type, Impacts, Related Projects

 


Collaborators 

Lead Organization: DMC EDA

Contact: Lisa Clark ; Email: TBD ; Phone: TBD

Known/Likely Collaborators: City of Rochester, MN ; DMC EDA ; Mayo Business Accelerator ; Mayo Clinic Ventures

Potential Collaborators:


Related Projects

Destination Medical Center (DMC) ; Discovery Square One ; Discovery Walk Co-designing ; Heart of the City Peace Plaza Public Realm ; Residence at Discovery Square (Third Ave Lofts Residence at Discovery Square) ; Saint Marys Place Design Process with citizen's participation ; Two Discovery Square


Impacts 

Major Impact:  Universal Design

PlanScape Impacts :

Level 1: Economic Development

Level 2:

DMC Impacts:

Technology, Discovery Square

Community Health Impacts:


Type of Project

Planning, Special  

 

 

Detailed Description

 

DMC Discovery Square Slides

 

Extracted from November 2022 DMCC Board

 

 

Back to TOC


 

 

Memo to DMCC

 

 

Back to TOC


 

 

 


Key reports on: DMC Discovery Square


DMC Discovery Square Design Process (November 11, 2022)

Discovery Square Status to DMCC November Board Meeting: 6 Elements of Success

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DMC Discovery Square Design Process (October 01, 2019)

September 2019 and May 2019 Presentations to DMCC Board.

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Hammes Co. of Madison, Wis. has been awarded the job to analyze Discovery Square buildout (January 23, 2016)

Mayo Clinic has hired the DMC development manager, Hammes Co. of Madison, Wis., to analyze the Discovery Square piece of the DMC vision and offer a market plan of how the medical and technology research area might be developed. Mayo is paying Hammes $1.5 million to conduct the study, which is expected to be completed by the end of the year.

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Universal Design Related Event(s) => LINK


Key reports on: DMC Discovery Square


DMC Discovery Square Design Process (November 11, 2022)

Discovery Square Status to DMCC November Board Meeting: 6 Elements of Success

Read more ...


DMC Discovery Square Design Process (October 01, 2019)

September 2019 and May 2019 Presentations to DMCC Board.

Read more ...


Hammes Co. of Madison, Wis. has been awarded the job to analyze Discovery Square buildout (January 23, 2016)

Mayo Clinic has hired the DMC development manager, Hammes Co. of Madison, Wis., to analyze the Discovery Square piece of the DMC vision and offer a market plan of how the medical and technology research area might be developed. Mayo is paying Hammes $1.5 million to conduct the study, which is expected to be completed by the end of the year.

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General reports on: DMC Discovery Square


October 04, 2018 6 Crtical Components for Discovery Square
Presented to DMCC Board in its September 2018 board meeting 

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Other Community News and Reports having impacts on:

Economic Development  
May 25, 2023: Discovery Square - Shared Lab Infrastructure
1. Lead Generation & Market analysis and demand. Rochester-area SWOT analysis 2. Discovery Square Shared Lab  

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May 25, 2023: Disadvantaged Business Enterprise Barriers Study
Memo to DMCC Board; DBE Study Session to City Council April 17, 2023

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April 23, 2023: University of Minnesota, Rochester Master Plan Update
2023-04-23 PB reporting on UMR;  2022-11-22 Plan change due to Covid 2020

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March 23, 2023: 1Q 2023 Destination Medical Center (DMC) Reports
March 2023 Executive Committee Meeting; Feb 9 2023 DMCC Board Meeting and City, County, DMC Collaborative Session

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January 25, 2023: Rochester Downtown Alliance
2023 Thursdays Downtown vendor applications are now open

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January 04, 2023: Targeted Business Enterprise Utilization 2022 Communication

4Q22: December messages and reports; November messages and reports;  October messages and reports; 3Q2022:  August, July messages and reports; 2Q2022: June, May, April message and report; 1Q 2022 (1) TB report and message (2) An apprenticeship readiness program is now recruiting women, people of color and veterans for careers in the construction industry. (3) Bloomberg news

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December 21, 2022: Administration of Rochester's 3.12M award from Minnesota Main Street Economic Revitalization Program
(1) Second Phase Grant; (2) DMC Announces First Recipients of Main Street Grant Funding 30 Businesses ($1.6M) ; (3) Launching of Main Street Grant 

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November 12, 2022: Destination Medical Center (DMC)
November 2022 DMCC Board Meeting: notable topics: Experience Metrics,  Soldier Fields, Equitable development, Discovery square, Heart of the City

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November 11, 2022: Destination Medical Center (DMC)
November 2022 DMCC Meeting: Featuring Equity Development 

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Last modified by support on 2022/11/12
Created by allnode on 2015/05/01

 

 

 

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