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Destination Medical Center (DMC) Plan

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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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Beam Project Type: Planning Project Phase: Available
Detailed Description

Hot Links:         

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

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

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

Measurements (what are actually measured?)

Performance Measures:

How well are they doing?

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

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 02, 2017: Rochester DMC District Design Guidelines

The DMC Design Guidelines incorporated decades' worth of planning documents created by the city of Rochester and aligned those priorities and standards with the DMC Development Plan.

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December 25, 2016: Destination Medical Center (DMC) Plan December 2016 Status

In addition to the December 2016 status report, DMC EDA shows a useful diagram that positions the relationships of various studies going on within Rochester.

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July 07, 2016: Follow the DMC money

What qualifies for DMC financial support? 

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June 25, 2016: openBEAM notes on June 23, 2016 DMCC meetings: Project Pipleline and Funding Sources

Project Pipeline Projection

What DMC projects are in the pipeline in Phase 1 and what kind of public assistances if any, they are receiving.

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November 06, 2017: Groundbreaking Building 1 Discovery Square

The building will be the first of several science and research complexes that could total up to 2 million square feet in the 16-block Discovery Square area.

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October 11, 2017: What's the vision for Saint Marys Place subdistrict?

PB Reporting: "A Destination Medical Center rendering provides a potential look at the future St. Marys Place. Community input is being sought this week as a final design concept nears."

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October 09, 2017: Taylor Arena Replacement

Discussion of a proposed arena project connected to Mayo Civic Center will continue Tuesday.

The Mayo Civic Center Commission will hear a presentation from London-based PricewaterhouseCoopers regarding an analysis of a proposed sport and entertainment arena to replace Taylor Arena.

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October 01, 2017: University of Minnesota, Rochester Master Plan

PB reports "The University of Minnesota Rochester is taking another step toward its future goal of building a 10-acre college campus at the edge of downtown."

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September 10, 2017: Planning 2 Succeed: Rochester 2040 Comprehensive Plan

P2S updates to be presented to CNG in September CNG meeting. 

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September 09, 2017: Olmsted County, MN Community Health Improvement 3Q (September) 2017 Status

September news including September meeting agenda and June meeting minutes.

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Last modified by allnode on 2017/09/22
Created by on 2014/05/11

Site Information
Beam
  • 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.
  • Our hope is that Cbeam will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, Cbeam'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 relevancies 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. Cbeam 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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