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Destination Medical Center

Destination Medical Center (DMC) is a 20-year economic development initiative that aims to transform the City of Rochester in the US State of Minnesota into a global destination for healthcare, innovation and research. It is the largest public-private collaboration in the state of Minnesota.


By aligning public and private interests for urban revitalization – and engaging the community through an award-winning codesign approach – the initiative has resulted in thousands of new jobs created, more than $1.5 billion of new private investment and the creation of dozens of life science start-ups. Future projects will focus on supporting existing local businesses, creatively reusing excess real estate and diversifying the economy

Location
USA
Sectors
Health, Government
Operating model
Public-private partnership
Year published
14 September 2023
Type
Case Study