Mortenson provides details about its first building in Minnesota’s ambitious Destination Medical Center development

One district alone could add two million sf of commercial and residential space to Downtown Rochester.

May 04, 2017 |

Mortenson will construct its first building in Rochester, Minn.'s, Discovery Square on a Mayo Clinic parking lot. This will be part of this city's $5.6 billion Destination Medical Center development initiative.  Image: Courtesy of Mortenson

Destination Medical Center in Rochester, Minn., is a 20-year economic development initiative that, at $5.6 billion, is the largest in Minnesota’s history. The Mayo Clinic will account for $3.5 billion of that investment, with the state kicking in $585 million and private investors $2.1 billion.

Among this initiative’s six sub districts will be an urban research campus called Discovery Square, a 16-block mixed-use neighborhood for entrepreneurs, researchers, startups, and established businesses with Mayo Clinic adding more than 2 million sf of collaborative space.

Among the five projects at Discovery Square that have either been completed or proposed is the so-called Mortenson Project, a highly connected, urban life science ecosystem of mixed uses, including life science businesses, start-ups and spin-offs, retail, hotel, commercial development and residential areas, anchored by Mayo Clinic.

M.A. Mortenson, the construction and real estate development firm, is the developer of this project, and late last month revealed the design and location for its first building, which is scheduled to break ground later this year with a target completion date of 2019.

The 60,000-plus-sf facility will be located at the corner of 4th Street SW and 2nd Avenue, atop a surface parking lot near the Mayo Clinic and the Gonda Building, and adjacent to the hospital’s Guggenheim, Hilton, and Stabile buildings. The building will be within walking distance of Rochester’s thriving Historic Southwest neighborhood of restaurants and retail.

A spokesperson for Mortenson tells BD+C that the building could be scaled up to 100,000 sf, if tenant demand warrants.

To clear the way for this initial Discovery Square project, Mayo Clinic's 428 Building, the former Vine Funeral Home, at 428 Third Ave. SW will be demolished, Jeremy Jacobs, Mortenson’s development executive, told the Rochester Post Bulletin

The building’s integrated design—by Minneapolis-based RSP Architects and St. Louis-based HOK—will feature flexible, open workspaces that allow tenants to adapt and expand as the life sciences industry evolves. The building’s common spaces will be centralized to promote tenant interaction.

 

 

The 16-block Discovery Square would add 2 million sf of commercial and residential space over the next two decades, and probably replace some of the structures there now. Image: Rochester Post Bulletin

 

“Development of Discovery Square is a major step forward for the world of life science research,” says Eli Hoisington, AIA, LEED AP, HOK’s design principal. “Discovery Square will be a bridge to the mission of Mayo Clinic. The first phase will provide a new ‘address’ for the future of life science, research, education, technology, and innovation.”

Mortenson’s building will within the proximity of Collider, a coworking hub that will also offer monthly events and educational opportunities for entrepreneurs.

Colliers is serving as the leasing agent and will oversee tenant recruitment in partnership with Mortenson and the DMC Economic Development Agency.

“The goal of Discovery Square is to accelerate the translation of medical research from bench to bedside,” says Mortenson’s Jacobs. “Colliers’ expertise will help us bring together the right mix of entrepreneurs and industry leaders in life science research, education, technology and innovation to achieve this noble end.”

 

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