Contact Us

DMC Board Approves First Discovery Square Project

Discovery Square
photo by Kim David

Rochester, MN (KROC-AM News) – The first project proposed for the Discovery Square District as part of the Destination Medical Center initiative has won the approval of the DMC Corporation Board.

The board met this morning and voted to okay Mortenson Construction’s $35 million dollar plan for a four-story, nearly 90,000 square foot building just south of 4th Street between 2nd and 3rd avenues southwest. The DMCC Board’s approval includes $4.9 million in DMC Tax Increment Financing assistance.

The Rochester City Council is expected to vote on the project and the Tax Increment Financing package at its regular meeting on August 7.

The Bio Science Building will be the first research facility within the Discovery Square district. The DMCC Board will be told it won’t be a typical office building, and will feature space for labs, offices and collaborative work spaces. The Mayo Clinic has already agreed to lease 30,000 square feet of space spread across three different floors of the building and the University of Minnesota-Rochester is negotiating with Mortenson on a lease for lab and classroom space.

Mortenson has indicated it plans to break ground on the project this fall, and the new building should be ready for occupancy in 2019.

For 24/7 news and sports check KROC AM and follow KROC-AM on Facebook.

Subscribe to Our Newsletter




Best of 1340 KROC-AM

Recommended for You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for KROC Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive KROC Club contests, events, coupons, presales, and much more delivered to you for FREE.