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Mortenson Phase 1

Beam Project Type: Building Project in Plan Phase

The building (Building1@DSQ) aims to serve as a catalyst for Discovery Square, a 16-block area on the south end of downtown that Mayo and local officials want to develop as a life science research campus. Representatives from Mortenson announced today to members of the Destination Medical Center Corporation (DMCC) Board of Directors the specific location where construction will take place on its hallmark Discovery Square project. The planned 60,000+ square foot, state-of-the-art research and development complex, currently being designed by RSP Architects and HOK, will be built at the corner of 4th Street SW and 2nd Avenue SW, according to Mortenson representative Jeremy Jacobs.

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Collaboration

Lead Organization: Mortenson

Confirmed Collaborators: Mayo Business Accelerator ; Mortenson

Potential Collaborators:

Detailed Description

Impacts

PlanScape

Level 1: Economic Development ; STEM

Level 2:

DMC: Commercial Research & Technology ; Discovery Square

Community Health:

Highlight Activities

2018-03-25

 

Status Reports Related PlanScape Status on: Economic Development, STEM

November 06, 2017 PB: 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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July 29, 2017 PB: Building1@DSQ (Building 1 at Discover Square)

The DMC Corp. board approved the project Thursday, agreeing to $4.9 million in related tax-increment financing for the developer, Minneapolis-based Mortenson Co.

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June 28, 2017 Med City Beat: Discovery Square Biolab (Mortenson) 1st Building

The building (Building1@DSQ) aims to serve as a catalyst for Discovery Square, a 16-block area on the south end of downtown that Mayo and local officials want to develop as a life science research campus.
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March 27, 2017 PB: M. A. Mortenson Co. to lead DMC Discovery Square development

M. A. Mortenson Co. will lead Mayo Clinic's development of up to 2 million square feet of research and education space in the Destination Medical Center Discovery Square district, the clinic announced today.

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February 13, 2017 TBD: Discovery Square Biolab (Mortenson) Status Updates to DMCC

Discovery Square Updates from Mortenson: (1) Project Update (2) Phase 1 Project Team (3) Connection with DMC Development Plan (4) Schedule/Next Steps

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May 27, 2016 DMC EDA: NIH Awarding Mayo Clinic

The Mayo Clinic has been awarded $142 million in funding from the National Institutes of Health to create a research repository of biologic samples to advance precision medicine.

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October 04, 2018: 6 Crtical Components for Discovery Square

Presented to DMCC Board in its September 2018 board meeting.

 

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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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August 08, 2018: Riverfront project gets first nod per Post Bulletin Report

"Early plans for a $180 million construction project along the Zumbro River received some enthusiastic support from Rochester's Planning and Zoning Commission Wednesday night." 

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July 11, 2018: Prosperity Initiative

2018-07-011

Minority Business Conference hosted by SBDC, Diversity Council and Prosperity Initiative

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June 29, 2018: Triton Hilton Hotel (Broadway at Center)

June status same as March Status except completion date is now set for 1/31/2019.

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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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May 17, 2018: Southeast Minnesota Workforce Development Board Strategic Planning Meeting

openBeam's information on structure and Southeast Minnesota Workforce Development Board Strategic Planning Meeting
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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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Last modified by allnode on 2018/03/25
Created by allnode on 2017/04/29

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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 dmcbeam.org will encourage cross-sector collaborations and creative solutions.

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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