Project Impact(s):
Housing
This project is in Archive Phase
- Explore this page to view Beam's assessment of the basic description of the project, its impacts and collaboration atrributes. Also shown are status reports related to the project.
- Please click this Link to get to Beam's view of the project's strategy, expected results, and monitored metrics.
Collaborators Lead Organization:
Hammes Company
Contact:
TBD
; Email:
TBD
; Phone:
TBD
Known/Likely Collaborators:
Hammes Company
Potential Collaborators:
Related Projects
Impacts Major Impact:
PlanScape Impacts : Level 1:
Housing
Level 2:
Housing: Market Rate, Hotel & Hospitality, Central Station
DMC Impacts:
Arts & Culture, Heart of the City
Community Health Impacts:
Type of Project
Building
Location: Center St. W. and First Ave. N
The project site is located across the street from Mayo Clinic’s Methodist Hospital and in close proximity to Mayo's recently-opened Jacobson Building, a state-of-the-art proton beam cancer treatment facility. The site is currently home to the 71-room Days Inn hotel and Pannekoeken Restaurant.
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Reports on: Heart of the City North (Days Inn Replacement)
Per his blog: the $12 million public subsidy for this project is impossible to defend.
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Other Community News and Reports having impacts on:
Housing
Home Ownership Creation Program - Prairie Ridge: "NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester, MN hereby approves the contribution of $4,000,000 to the Prairie Ridge development to support the creation of 201 for-sale homes via the Home Ownership Creation Program.
PB Reporting regarding TIF $14M Requests (Sherman and Prairie Ridge) 2024-12-14
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The current Rochester-Olmsted County 4(d) Affordable Housing Incentive Program application is for the Tax Assessment Year 2025 - Tax Payable Year 2026, the tax savings for this application will not be realized until the Tax Payable Year 2026.
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City of Rochester Receives $84.92 Million Federal Grant for Transformative Link Bus Rapid Transit Project
LINK Progress Report to City Council
Rochester eyes TIF to support Transit Village, Public Parking
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Proceedings
September 2024 DMCC Board Meeting with 2025 Workplan Breakout
May 2024 DMCC Board Meeting and City, County, DMC Joint Meeting
Feb 2024 DMCC Board Meeting
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September 2024 DMCC Board Update
September 2022 DMCC Board Status: NTH to run a developer selection process with Mayo
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City teammates providing an update on this work, specifically regarding legacy public infrastructure projects, Unbound, infrastructure investments and regulatory milestones.
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PB reporting: A local program providing tax breaks to landlords in exchange for maintaining lower rents is being tweaked to encourage future development of affordable housing.
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August 2024 Report : Age-Friendly Olmsted County (AFOC) activities implementing the Age
Friendly Olmsted County 2022-2025 Action Plan since our annual report in February 2024.
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July 17, 2024 City of Rochester: Adopting a Resolution authorizing an amendment to the Development Assistance Agreement and the Declaration of Restrictive Covenants to revise the affordability covenants related to the 80% Units.
March and May 2023 reports to DMCC including video, documents and presentations.
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2Q 2024: June 2024; May 2024 - Admin Message, TBE Report; April 2024 - Admin Message, TBE Report
1Q 2024: Feb 2024 - Admin Message, TBE Report; Jan 2024: Admin Message, TBE Report
Special callouts: Women in Construction; City of Rochester Equity in Development
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The City of Rochester welcomes applications for the Community Building Fund. This fund is all about supporting projects, programs, and events in the city that actively promote equity and inclusion.
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Calling for Community Support at Community Meeting: The most recent Olmsted County Maxfield Study found that from 2020-2030, housing demand required 18,000 new housing units. 71% would need to be general-occupancy and 29% age-restricted senior housing.
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Focus Area: Housing; Our Next Generation; Healthcare; Community-Building; Climate
Activities: Rochester Faith in MN & ISAIAH Calendar and Strategic Missions
Reference: CMRC June 24, 2024 Meeting Presentation Video
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Mobilizing Olmsted Voices for Equity (M.O.V.E.) community council application
M.O.V.E. Promotional Flyer and Application to join M.O.V.E.
5/10/2024 Conversation Olmsted County Rep and CMRC Rep.: Regarding Olmsted County Community Council's DEI initiative called Mobilizing Olmsted Voices for Equity (M.O.V.E)
Rochester Area Foundation Support Message
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