DMC

Jun 30, 2015

Twin Cities workers will play role in Rochester expansion

The person heading up the Destination Medical Center development arm tells Minneapolis business officials the expansion will boost demand for workers and help sell them on Rochester.

Jun 10, 2015

Tentative budget deal helps Rochester avoid tax hike

A proposed compromise at the Capitol would allow Rochester to tap a pair of local sales taxes rather than resort to a property tax hike to cover costs associated with the Destination Medical Center.

Jun 3, 2015

Rochester sets diversity mandates for public projects

Some say goal for women and minority contractors working on Destination Medical Center projects should be higher.

May 29, 2015

Officials prioritize ‘seamless’ review for projects in Rochester build-out

The city and an economic development agency linked to the Destination Medical Center are close to finalizing a formal application process designed to provide prospective projects a clear path.

May 27, 2015

Rochester begins tackling diversity in downtown build-out

The city has set a 4 percent target for women and minority contractors working on state-backed projects, including public infrastructure upgrades tied to the Destination Medical Center.

May 22, 2015

Rochester might hike property taxes without legislative relief

A legislative fix for Destination Medical Center spending faltered, fanning concerns that Rochester could have to find additional funding streams down the line – possibly though a property tax hike affecting its 110,742 residents.

May 5, 2015

Lawmakers mull looser restrictions on Rochester project spending

Bills in both chambers aim to broaden what counts toward the $128 million the city has to spend on the ambitious Destination Medical Center project.

Apr 29, 2015

Middle East developer eyes Rochester for high-rise

Bloom International Realty wants exclusive negotiation rights to buy a two-block strip of city land for a riverfront project that could include a hotel, offices, and apartments.

Jan 30, 2015

Where to begin transformation in Rochester?

The Destination Medical Center Corporation board approved submitting the development plan to the city of Rochester to kick-start the development process for the multi-billion dollar project.

Jan 14, 2015

Mayo financing fix, tax conformity advance

A federal income tax conformity bill and a “quick fix” to the DMC legislation are both zipping through the committee process in the House and Senate.

Jan 2, 2015

Davids ready for tax debate

If there is a fight to be had over a number of hot-button topics over the course of the 2015 legislative session, expect Representative Greg Davids to wind up in the middle of it.

Nov 19, 2014

Big push planned to fix $6B error in Rochester legislation

Destination Medical Center Corp. leaders and Rochester legislators plan a full-court press during the 2015 legislative session to persuade lawmakers to rework the legislation.