- Associated Press - Wednesday, June 8, 2016

ROCHESTER, Minn. (AP) - The Mayo Clinic has announced plans to more than double its research capability in Rochester.

The announcement came Tuesday night at a convention of international bioscience companies in San Francisco. Mayo Clinic CEO John Noseworthy and others revealed plans to build a 2 million-square-foot bioresearch campus in downtown Rochester. Right now, Mayo has 1.3 million square feet of dedicated research space in Rochester.

The Post-Bulletin (https://bit.ly/22O2eBB ) says the campus will be the centerpiece of a sub-district called Discovery Square in the Destination Medical Center development district. The DMC is a public-private partnership.

The reveal of plans came at the convention instead of in Minnesota because it sets the stage “at the international level,” Noseworthy said.

Rochester is well on its way to becoming “America’s capital of health,” DMC board chairwoman Lt. Gov. Tina Smith told the newspaper.

“Mayo Clinic is making a firm commitment to really expand dramatically into the area of bioscience,” Smith said.

Mayo leaders say the development will bring together renowned physicians, researchers, scientists and entrepreneurs in a unique and innovative setting.

Smith said that Discovery Square is the “cornerstone of DMC.” Lisa Clarke, executive director of DMC’s Economic Development Authority, told the newspaper that “Discovery Square has unparalleled opportunity to really create this dense, mixed-use neighborhood all anchored by this signature space.”

Mayo Clinic, Mayo Clinic Ventures and DMC have met with multiple organizations that could be good fits as tenants, but there haven’t been any firm commitments, according to Mayo spokesman Karl Oestreich.

“There will be a lot of interest,” Noseworthy said last week, prior to the announcement being made public. “A lot of people know about this economic development project that is DMC, which is huge. The fact that Mayo Clinic is developing this research ecosystem with the private sector on the Rochester campus is a big deal.”

Construction is expected to begin in 2017 and be completed within two years.


Information from: Post-Bulletin, https://www.postbulletin.com

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