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Destination Medical Center (DMC) Plan

 

Beam Project Type: Planning Project in Available Phase

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Intended to bring to Rochester, Olmsted County and Minnesota private investment in excess of $5.6 billion: • Seeks to create at least 35,000 new jobs in Minnesota and bring tax revenue in excess of $7 billion to the State • Intended to give prospective employees,patients and visitors substantial reason to consider Rochester their ‘destination’.

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Detailed Description

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Live Stream DMC Blog    

dmcBEAM's DMC Plan Portal

 

 

 

Strategy

1. Create a comprehensive strategic plan with a compelling vision that harnesses the energy and creativity of the entire community.

2: Leverage the public investment to attract more than $5 billion in private investment to Rochester and the region.

3. Create approximately 35,000 – 45,000 new jobs, with workforce development strategies that support that growth.

4. Generate approximately $7.5 - $8.0 billion in new net tax revenue over 35 year. 

5. Achieve the highest quality patient, companion, visitor, employee, and resident experience, now and in the future.

2016 Work Plan

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Drive subplans

DMC Heart of the City ; Discovery Square Feasibility Study  Transportation: DMC Transportation Framework

Impacts

PlanScape

Level 1: Arts & Culture ; Economic Development ; Transportation ; Vision/Identity

Level 2: Best Practice ; Business Process ; Livable City ; Hotel & Hospitality ; Retail, Dining & Entertainment ; Arts & Culture ; Commercial Research & Technology ; Health & Wellness ; Learning Environment ; Sports, Recreation, Nature ; Heart of the City ; Discovery Square ; UMR and Recreation ; Central Station

DMC: Livable City Hotel & Hospitality Retail, Dining & Entertainment, Arts & Culture Commercial Research & Technology Health & Wellness Learning Environment Sports, Recreation, Nature

Community Health:

Results

The following is based on this document => Metrics Section of the DMC Plan 

Results

  • Intended to bring to Rochester, Olmsted County and Minnesota private investment in excess of $5.6 billion:
  • Seeks to create at least 35,000 new jobs in Minnesota and bring tax revenue in excess of $7 billion to the State
  • Intended to give prospective employees,patients and visitors substantial reason to consider Rochester their ‘destination’.

Indicators (What are some of the signs that progress is being made?)

Indicators: 

Economic-Fiscal Projections/Analysis 

  1. Increases in Jobs
  2. Increases in Visitation
  3. Increase in Income, Property, Sales, Hotel-Motel and Other Taxes  
  4. Estimated Indirect Benefits (e.g. jobs, tax base, etc

Other Economic Indicators:

  1. Increases in Median Income (Above Inflationary Rates)
  2. Increases in Work Force Population Living in City/County
  3. Increases of the Gross Regional Product (GRP) 
  4. Increases in Targeted Business/Industry Sector

Real Estate Indicators:

  1. Number of Building Permits
  2. Property Tax Collection
  3. Hotel Occupancy/ADR
  4. Commercial Rental/Sales Data (e.g. Occupancies, Rental Rates, etc.)
  5. Retail Rental/Sales Data (e.g. Occupancies, Rental Rates, etc.)
  6. Residential Home Sales Data §Residential Rental Data (e.g. Occupancies, Rental Rates, etc.

Other Indicators:

  1. Number/Attendance at Conventions, Exhibitions and Other Events at Mayo Civic Center
  2. Visitation to Downtown
  3. Transit Ridership

 

Note: above Information based on DMC Plan Draft Section 2.4 Metrics, Measurements and On-going reporting

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Key Activities

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Status Reports
Related PlanScape Status on: Arts & Culture, Economic Development, Transportation, Vision/Identity

February 17, 2019: Destination Medical Center (DMC) Meeting Packet

DMCC Meeting Packet with affordable housing and transportation breakouts.

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October 03, 2018: Destination Medical Center (DMC) 2019 Workplan

Per September DMCC Board Meeting: DMC 2019 work plan.

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September 19, 2018: November 2017 DMC Dashboard

September 2018 DMCC Board Meeting, YE 2017 DMC Metrics per Nov. 2, 2017 DMCC Board Meeting.

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May 27, 2018: Three DMC Proposals

Three projects looking for TIF: Hotel Indigo, Hyatt House Hotel and Wells Fargo Bank Building Renovation

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April 04, 2018: DMC: Days of Discovery

PB special reporting on DMC status.

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November 04, 2017: DMCC approves $22M in capitral improvement projects for 2018

While the DMC EDA budget will rise from $3.5 million this year to more than $3.7 million next year, the city will contribute $122,000 less and Mayo Clinic's contribution will increase by $337,000.

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October 15, 2017: November 2 2017, Presentation to DMCC Meeting

This was presented to DMCC in its November 2 meeting.

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July 19, 2017: DMC $200M Goal Reached and state money to start flowing

Having reached the local investmen of $200M, the city will receive $2.75 for each $100 spent beyond the $200 million.

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February 17, 2019: Destination Medical Center Corporation Board Green Lights Mobility Hub Locations in Rochester

The Destination Medical Center Corporation (DMCC) Board of Directors at its February meeting, approved a resolution supporting two preliminary mobility hub locations in Rochester, MN, and authorizing up to $400,000 in financial support for additional studies and engineering.

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February 16, 2019: Chateau Theater Request for Proposal

The RFP is open to all interested parties and has a submission deadline of February 15, 2019.

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February 08, 2019: Bloom Reconsiders Second Phases of Riverfront Project

"Bloom International Realty may be rethinking plans to build the second phase of its $230 million riverfront development in downtown Rochester.

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February 02, 2019: History Center to present Traveling While Black

The “Traveling While Black” exhibit being developed by the History Center of Olmsted County will chronicle the challenges faced by black motorists prior to the passage of the Civil Rights Act in 1964.

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January 02, 2019: Rochester City Transit Development Plan References

Found the following links on Rochester City Website.  The City of Rochester is conducting four integrated transit studies to refine the concepts identified in the DMC Plan.

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December 21, 2018: Triton Hilton Hotel (Broadway at Center) Asking for more TIF

Rochester developer Gus Chafoulias wants an additional $6.5 million in city assistance to pay for the nearly-complete Hilton hotel project.

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November 18, 2018: Age Friendly Community Survey

How well is Rochester meeting your needs as you age? A survey.

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November 06, 2018: DMC Transportation Plan Status

Status reports and documentations presented to DMCC.

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Last modified by allnode on 2019/02/19
Created by on 2014/05/11

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  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
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While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
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