Mayo-backed Destination Medical Center, a $5.6B project in Rochester, moves forward

Destination Medical Center, a $5.6 billion public-private project backed by Rochester, Minn.-based Mayo Clinic, is forging ahead despite the COVID-19 pandemic, according to the Star Tribune

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The 20-year initiative, started in 2015, aims to make Rochester a global destination for health and wellness through $5.6 billion in economic development. Mayo Clinic is investing $3.5 billion in the project over 20 years, along with $2.1 billion in additional private investments and $585 million in state funding over the same timeframe.

The plan for the six-district site calls for building new offices, housing, hotels, restaurants, schools, shops, public space and transportation to attract thousands of new residents and workers and establish Rochester as a premier healthcare destination. 

The COVID-19 pandemic, which has changed the way people work and receive medical care, raised questions about how the services and amenities of the Destination Medical Center would fare.  

The project’s leaders said that with some tweaks the original plan will stand the test of time, the Star Tribune reported. 

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