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HomeMy WebLinkAbout2/3/2021 DMCC Collaborative Session - Presentation (Joint Meeting)DMC-City-County Collaborative Session February 3, 2021 MISSION With Mayo Clinic at its heart, the Destination Medical Center (DMC) initiative will be the catalyst to position Rochester, Minnesota as the world’s premier destination center for health and Wellness; attracting people, investment and jobs to America’s City for Health and supporting the economic growth of Minnesota and its biosciences sector. Recoverin g from COVID-19 PRIVATE INVESTMENT EQUITABLE ECONOMIC DEVELOPMENT ENERGY & SUSTAINABILITY LIFE SCIENCE & TECHNOLOGY PUBLIC INFRASTRUCTURE INVESTMENTS WHY NOT ROCHESTER? PRIVATE INVESTMENT After generating more than $963 million in private investment in DMC’s first phase… We now look to ensure that local businesses have opportunities to participate in Rochester’s growth. EQUITABLE ECONOMIC DEVELOPMENTAfter approving more ambitious, phased goals for targeted business and workforce participation in DMC’s construction projects… we now work to ensure a more just and equitable approach in all economic development decisions ENERGY & SUSTAINABILITY After launching initiatives to measurably reduce our carbon footprint.. Now we work towards a 21st century approach to sustainability and community resilience LIFE SCIENCE & TECHNOLOGY We have successfully attracted life science and technology companies from around the world… Now we double down on supporting local entrepreneurs and start-ups. PUBLIC INFRASTRUCTURE INVESTMENTSAfter investing approximately $69 million in generational public infrastructure during DMC’s first phase… Now we do so with an eye toward “future proofing” our city with universal design and assistive technology that allows every resident, of every age and ability, to fully realize their potential and participate in our community WHY NOT ROCHESTER? We have told Rochester’s story to businesses, investors, and developers… Now we make the same case to individuals and families. After all, in a world where you can work from anywhere, why not Rochester, MN? WHY NOT ROCHESTER? A City… That fared better than any other during the pandemic and is poised for the quickest recovery Where you can choose to live downtown and walk to work or live in a more distant neighborhood and choose transportation options like Rapid Transit Whose downtown saw new restaurants and public spaces despite the COVID-19 disruption That is leveraging the innovation of its major employer to diversify and grow the economy Committed to racial justice and equity, the first designated Intercultural City in the United States With visionary leaders, an active citizenry, and the tools and resources to get things done.