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80 posts categorized "Destination Medical Center news"

January 08, 2016

ArchMN mag's take on Mayo Clinic's DMC plan

20141216_dmc01_53Over the past few years, many publications have analyzed, dissected and speculated about Mayo Clinic's proposed Destination Medical Center plan.

And now Architecture MN magazine has published its own take on the plan in an article by Thomas Fisher. He looks at the plan and chats with DMC's lead urban designer Peter Cavaluzzi of the New York firm.

Here are a few excerpts that caught my eye:

• "One of them —Discovery Square—will provide a place near the Mayo Medical School for technological development and entrepreneurial spin-offs from the school and the Mayo Clinic. That integration of research and practice, innovation and application, fits the Mayo model perfectly, and Discovery Square may, ultimately, do the most to secure the economic future of the city, as start-up companies emerge and grow. The Perkins Eastman master plan calls for an open space at the center of this district, above which skyways converge into an elevated glass building that, while a good idea, looks too big for the space and a bit ominous in the renderings."

6a00d83451cc8269e201b7c791bc82970b-300wiIt's nice to hear an expert question the big glass structure slated for Discovery Square. My uneducated eye has always thought that it looks like a big, glass "Independence Day"-like spaceship landing on downtown in the renderings. However, I have never be very good at visualizing what development projects will look like in reality.

• "Another big move in the master plan—the Downtown Waterfront—links the government center and the civic and art center with pedestrian-friendly plazas that open up to a widened Zumbro River, finally freed from its current flood-control channel to become a real asset for the city. This district’s sweeping set of bridges, embankments, and buildings will break Rochester’s insistent street grid and provide a place for community events and celebrations that today have few options for outdoor venues. A grand gesture like this doesn’t happen without controversy, however. Some have questioned the planned removal of the existing public library near the river, even though, as Cavaluzzi observes, the library had already begun to look at moving, having outgrown its small, nondescript building."

Hhmmmm.... I have never heard the Rochester Public described as a "small, nondescript building" before. I guess it is a matter of perspective.

Read the full ArchMN article here.

 

January 05, 2016

Credit union buys land for new branch

A Wisconsin credit union with plans to build a second Rochester branch recently bought a parcel of land for $1.25 million.

Altra Federal Credit Union bought land on Dec. 14 in the Chateau Circle commercial development at 55th Street Northwest and Chateau Road. That means the new branch will be located near the Walgreens drug store planned for that area.

O"We've been looking for a new spot to build a new full-service branch for quite a while," said Cheryl Dutton, vice president of marketing of the La Crosse, Wis.-based credit union. "The Rochester market is a very important market to us."

While the land is acquired, Dutton said the project still is in the initial stages, so there's no timeline yet.

Altra opened its first Rochester branch in 2012 at 123 16th Ave. SW in the Shoppes on Second development. It now has five on staff.

"The growth has been exceptional. However, it's a very small office in a very busy strip mall. To service our members better, we'd like to build a larger branch, usually 4,000 to 5,000 square feet," she said.

The credit union is aware residents in the Chateau Circle area have voiced some concerns about the commercial development in their neighborhood.

"We plan to be very good neighbors," said Dutton. "We think it's going to be a great area for us."

Altra began in 1931 as the Trane Employees Credit Union with a history similar to that of the IBM Mid-America Credit Union, which became Think Federal Credit Union. It has Minnesota branches in La Crescent and Winona. Overall, it has 17 locations in eight states.

December 24, 2015

Downtown art gallery officially closed

Downtown Rochester lost some color today when  Southeastern Minnesota Visual Artists (SEMVA) closed up their gallery.

12242015semvaclosingsignEarlier this month, SEMVA President Andy Westreich sent messages to the cooperative's 84 artists saying that the gallery could no longer afford its high-profile spot at 16 First St. SW on Rochester's Peace Plaza.

"It is with great sadness that I have to tell you that we were unable to negotiate a reasonable lease renewal, and the board of directors has voted to close the SEMVA Gallery after 23 years in business," he wrote. "This was not an easy decision to come by, and many factors played a role in our final vote."

The letter cited a number of factors in the decision, including a 40 percent increase in rent and a decrease in traffic following the closure of popular downtown businesses like the Barnes and Noble Bookstore and Michaels restaurant. SEMVA sales are down 13 percent compared to 2014.

Beyond the rent increase, SEMVA leaders also mentioned that almost five months of negotiations with landlord George Psomas were held up by his plan to change the renewal clause in the lease from five years to one year.

Today was the gallery's last day. Artists were packing up their works.

However, the cooperative leaders are confident that they will be able to find a new home of the gallery in the near future.

 

December 09, 2015

Is Medisun's interest in Rochester cooling?

Of the three most expensive real estate listings for houses for sale in Rochester, two are owned by a Hong Kong billionaire who has not ever lived in them.

Danny Wong is the CEO of Medisun International Holdings Ltd., which is collaborating with Mayo Clinic to bring more Chinese patients to Rochester. Medisun also is a major investor in Celyad, formerly Cardio3, which is leasing an empty floor of the Minnesota Biobusiness Center in downtown Rochester.

734c36a08cc30596-4066082Wong purchased large Rochester residences at 615 10th Ave. SW and 2515 Crest Lane SW in the fall of 2014. He paid $1.3 million and $1.4 million, respectively. At the start of this year, Medisun announced a deal with Mayo Clinic.

"The medical service will be provided by Mayo, and everything else will be provided by Medisun," said then-Medisun spokesman Dr. Jason Zhang in January.

While in Rochester this summer, Wong had his photo taken at Mayo Clinic with local leaders, including developer Gus Chafoulias and Mayo's Lisa Clarke, who leads the Destination Medical Center initiative.

However, Medisun's interest in Rochester seems to have cooled a bit since then.

By summer, Medisun halted construction of a $1 million office on the west corner of Titan Development's H3 Plaza. The offices were slated to span part of the second and third floors of the building at 300 Broadway.

00e2d817d5550daa56a1d0ade5d78548l-m0oMayo Clinic commented at the time that Wong planned to use one of his two Rochester estates as a guest house for the Chinese patient venture. Construction to an indoor pool at 2515 Crest Lane SW began around that time.

That guest house project seems unlikely now, because Wong has listed both of his Rochester estates for sale. The 2515 Crest Lane SW house is priced at $1.7 million, and the 615 10th Ave. SW is listed at $1.4 million. If they sell at the list price, Wong will make $400,000 on his short-term investment.

Only one Rochester property currently is listed at a higher price — $2 million — than Wong's estates, according to the MLS listings. A total of 10 residences in Rochester currently are priced at more than $1 million.

Does the sale of these estates signal any changes in Medisun's relationship with Mayo Clinic? No one from Medisun was available for comment, but Mayo Clinic said nothing has changed.

"… We continue to work with the MediSun on specific engagements," stated Mayo Clinic spokeswoman Duska Anastasijevic by email Tuesday.

While those "engagements" continue to develop, there are two nice Rochester estates available for local home buyers.

October 28, 2015

New Roch. substation planned for Epic, Mayo Clinic growth

Mayo Clinic's partnership with Epic Systems, the largest electronic medical records firm in the United States, is driving the construction of a new $6.1 million Rochester Public Utilities substation.

Epic_Systems_112109_SignVerona, Wis.-based Epic Systems has been negotiating with RPU since June about the project. Epic says it needs more power capacity in the area to support future growth of the Mayo Clinic Data Center at 4710 West Circle Drive. The new Douglas Trail substation is slated to be built by the data center on land currently owned by Mayo Clinic.

The RPU board approved a "memorandum of understanding" about the project with Epic at its Tuesday night meeting. An escrow account already has been set up to fund project.

The memorandum states, "Due to the planned transfer of selected Mayo Data Center assets to Epic, Epic requests incremental electrical capability and capacity, needed to accommodate projected business growth in forward years…"
Epic has agreed to pay for the majority of the $6.1 million project, with RPU contributing $1.016 million for additional features that Epic doesn't need. The agreement also allows for Epic to apply  Mayo4710technologyparkfor up to $2.03 million in rebates over 10 years. The goal is to have the new substation up and running at least by April 1, 2017.


Rochester attorney Mark Utz spoke to the board as a representative of Epic. He said the deal  "Provides capacity not just for Epic, but a tremendous opportunity for the city of Rochester … to have a third substation in an incredible quadrant for Rochester. This is a win/win for the community, for RPU and for Epic."

Bruce Richards, Epic's director of facilities and engineering, assured the board his company is serious about coming to Rochester.

"This is a long-term situation for us. We're bringing in quite a few people to town," he said. "We'll start out with 80 to 90 people to the data center to work with Mayo Clinic."

Richards told the RPU board the additional capacity is needed for the potential that the current data center could grow to three times its current size.

Mayo Clinic built the $33.7 million, 60,000-square-foot computer support center in 2012. The data center was built to support all three of Mayo Clinic's campuses — Rochester, Jacksonville, Fla., and Scottsdale, Ariz.

"Epic is expected to take title of the property nominally in December 2015, with site grading to begin in spring 2016, according to the RPU/Epic agreement. The agreement also states that, "It is contemplated that the City of Rochester, for the benefit of RPU, will acquire from Epic the title of the real estate where the substation and related infrastructure will be located.

Richards did not elaborate on what Epic plans to do at Mayo Data Center, though remote hosting medical records is a possibility. In recent years, Epic built a massive data center in Verona, Wis. to offer remote medical record hosting for its clients.

6a00d83451cc8269e201b7c791bc82970b-800wiEpic and Mayo Clinic began working together early this year, when Mayo chose Epic to handle Mayo Clinic's electronic medical records. The relationship is developing into a close collaboration. Mayo's Chief Administration Officer Jeff Bolton has said that Epic has shown "a strong interest" in being part of the planned Discovery Square development in downtown Rochester. Discovery Square is part of Mayo Clinic's Destination Medical Center initiative.

Epic has about 8,000 employees and had $1.8 billion in revenues in 2014. Epic's software already is used by about 350 health-care organizations that care for 54 percent of U.S. patients.

Mayo Clinic is not Epic's only major partner in northwest Rochester. In May, IBM Watson Health, the health care unit of IBM, announced it has begun working with Epic as well as Mayo Clinic to add the Watson' super computer's cognitive capabilities to electronic health records. It's not clear if IBM is involved in the West Circle Drive data center project.

October 26, 2015

What's Mayo Clinic's plan for its new technology park?

Mayo4710technologyparkMayo Clinic is moving dirt and dividing up some open land by its Rochester data center at 4710 West Circle Dr. N.W.

However, details are sparse about the future of the site.

Mayo Clinic has submitted plans to the city for a "4710 Technology Park," a 22.5 acre tusk-shaped chunk of land north of the 4710 data center building.

The permit says:

 Final Plat #R2015-030PLAT to be known as 4710 Technology Park. The Plat proposes to subdivide three lots and one block for commercial development. The property is located at 4710 West Circle Dr NW.

I started asking Mayo Clinic about this project on Sept. 10. Mayo Clinic has not responded yet.
 
While no building is drawn on the plat, there are a series of driveways/st 10262015mayo4710techparkreets that curve around a space on Plot 2, that would seem to be designed to provide access to some sort of facility.
 
Mayo Clinic has certainly shown a lot of interest in that northwest area of the Med City for the past several years.
 
In 2000, it purchased a facility that Western Digital built at 4001 41st St. N.W.That became the Mayo Support Center, which houses Mayo Clinic's Dept. of Defense Medical Research Office spearheaded by Dr. Barry K. Gilbert.
 
In 2004, it bought a nearby complex at 3050 Superior Drive from Celestica. That eventually became the Superior Drive Support Center, which houses Mayo Medical Labs.
 
Mayo Clinic then built the 4710 Building, a data center, in 2012. It stands just north of the Mayo Support Center.
 
And now it is carving out a 4710 Technology Park by the 4710 Building.
 
In July, Mayo Clinic bought a nearby former mail processing center at 3939 Valleyhigh Drive. No word yet on how that will be used, though there is speculation that it could become a commercial laundry.

 

October 08, 2015

Will sale of North Broadway building attract developers?

The sale of a building on Broadway Avenue North clears the way for future development on a prominent block.

08102015MLT1Mike Pruett, co-owner of MLT Groupwhich is in the building, said he sold the 140-year-old brick structure that he owns with his wife, Dawn, at 411 Broadway Ave. N, on Wednesday. Real estate investor Les Nelsonof Clear Lake, Iowa, purchased it for $600,000, Pruett said.

"I'm happy with the price I got," he said. The Pruetts bought the building for $235,000 in 2003.

Nelson now owns most of that side of the 400 block of Broadway. He recently demolished two nearby empty buildings at 401 Broadway Ave. N and 407 Broadway Ave. N to make the area more attractive for developers.  08102015MLT2

After the demolitions, the Pruetts' building stood alone in the middle of the block. Amid the hype of the Destination Medical Center initiative, Rochester real estate prices have skyrocketed in recent months. Pruett's location made his building more valuable, since it is an obstacle that could keep developers away from the block. 

Besides housing the Pruetts' businesses, MLT Group and MLT Video, the building also has four apartments. All four currently have tenants. However, one has a lease until Dec. 31, while the three others are month-to-month.

After the tenant's lease ends in December, Pruett expects Nelson to knock down the building.

He plans to move MLT Group, which he owns with partner Ted St. Mane, and MLT Video to a business condo in the Plaza 14 West center at 4481 North Frontage Road. Pruett hopes to build out the unfinished 11,090-square-foot space and move the businesses at the end of November.

"It will be nice to have a change and a newer facility, though it's a little sad," he said.

Pruett said the new offices should work out well for his team of 10 to 12 employees, because it will have more usable space than the current building.  

October 07, 2015

The 5 top Rochester real estate sales in 2015 so far

• $15 million - Maplewood Square sold on Sept. 29.

Sold_sign• $10 millionMiracle Mile shopping center sold on May 15.

• $7.2 million - The Hampton Inn at 1755 S. Broadway sold on Feb. 6.

• $5.4 million - Former Menards store at 5150 U.S. 52 North sold on March 17.

• $4.5 million - Prosthetic Laboratories center at 121 23 Ave. S.W. sold on Jan. 30. 

October 06, 2015

Rochester 'Who's Who' breaks ground for new bank

A "Who's Who" of Rochester used golden shovels to toss scoops of dirt Monday to officially launch the construction of a new $7 million bank complex.

While construction crews have already dug a huge hole for West Bank's new Rochester headquarters, the Iowa-based bank bought out its leadership team and its well-known local community board members for a groundbreaking ceremony.

05102015westbankgroundbreakingThe bank has operated a branch office in Rochester, since 2013. The new two-story, 15,000-square-foot complex is completed in late summer to early fall of 2016. It will stand on the hill overlooking West Circle Drive Northwest, next to Rooster's Bar & Grill and across from McDonald's. The bank expects to have a team of about 12 employees to staff the new location.

"This bank is different. We're not all things to all people. This is a community bank focused on business," West Bank CEO Dave Nelson.

Despite being a 122-year-old Iowa bank, West Bank has deep roots in Rochester. Nelson was the president of Wells-Fargo Rochester for many years, before he took the reins of West Bank in 2010. He has recruited many of his former co-workers to staff West Bank's Rochester location.

"We know Rochester. We have experienced bankers who know how to work with businesses," he said. "As a community bank, we make local decisions. We're what businesses are looking for - predictable, dependable and accessible."

In addition to the staff, Nelson has recruited what he calls "a Who's Who" list of Rochester's business leaders to serve on West Bank's local community board. The board includes Gus Chafoulias, Joe Powers, Pat Deutsch, Sandy Keith, Dave Pederson Jim McPeak Sr., Hal Henderson, Pete Schuller, Ed Stanley, Tim Weir, Greg Groves, Charlie Kuehn, Dick Kuehn and Norb Harrington.

"It really is an endorsement of West Bank to have them all on the board," said Nelson. 

It focus on business banking means the new building with not look like most bank branches. While it will have a drive-through, it will not have many teller lines for customers. The West Bank building will have a large roof-top plaza for events as well as a large conference center for meeting.

"It is unlike any other bank in Rochester," said local architect Hal Henderson of HGA. 

Builder Pete Schuller of AB Systems pointed out that the site allows for extensive landscaping.

"It will be like a new park here. It's a great addition to Rochester," he said.

Rochester has seen many new financial institutions - Bremer Bank, Alta Credit Union, Manufacturers Bank & Trust Co. and F&M Community Bank - come into the market in recent years. Driving much of that interest has been Mayo Clinic's Destination Medical Center initiative. However, Nelson says that's not the case with West Bank.

"DMC is not why we came to Rochester. We came because Rochester deserves a good community bank," he said.

October 01, 2015

A Mayo Clinic linked firm working with DMC planner to develop new Madison biosciences hub

A firm with deep ties to Mayo Clinic is making a move to anchor a downtown Madison, Wis., biosciences hub with help from the development manager of Rochester's Destination Medical Center initiative.

Exact Sciences Corp. licensed technology from Mayo Clinic in 2009 and 2012 for Cologuard, a stool-based DNA test for colorectal cancer. The test is based on research by Mayo Clinic's Dr. David A. Ahlquist and his laboratory.

LogoOriginally based in Boston, city officials at one point hoped Exact would move to Rochester. However, Madison gave the company $1 million to move its headquarters there in 2009.

Since then, the company has flourished, and now it's planning to build a new $200 million, 250,000-square-foot headquarters in downtown Madison with $46.7 million in financial aid from the city.The Madison City Council recently OKed the deal, which requires that Exact will have 400 employees in the building by 2019.

The developer of the project is JDS Development LLC, which is a joint venture between Hammes Co. and Majestic Realty. Hammes is the Wisconsin consultant that is in charge of DMC. It also is working directly with Mayo Clinic on the Discovery Square portion of the DMC project. Hammes also has been hired by the Rochester Convention and Visitors Bureau to do a feasibility study for the proposed hockey arena to house a possible US Hockey League team here.

Hammesco_blue_logoHammes' Exact development will include a 250 room hotel, a food court, health and wellness facility, conference and media centers and lots of room for retail and restaurants.

Exact CEO Kevin Conroy told the Madison City Council that, "We hope that by having a life science company headquarters in downtown Madison, it will spur economic development throughout the region and have a positive impact on downtown."