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Bloom Rochester River Front Project

The Bloom Development in Rochester, MN, is located on the riverfront of the Zumbro River, and aspires to set a new standard of quality in the downtown business district. This 1,000,000 square foot development creates an inclusive destination of hospitality and shopping, complemented with contemporary restaurants and nightlife. The project is composed of two high-rise towers: a 4-star hotel, condominiums, and senior living apartments. The towers are placed atop of a podium that features ground level retail, restaurants, and parking garage. The master plan concept improves access to the Zumbro Riverfront with a boardwalk creating a pedestrian friendly environment and activating the river’s edge. The location is ideal to form an urban hub connecting City Hall to the opposite side of the river and the commercial downtown area. The development will consist of a 180 key 4-star hotel, with 130 branded condominiums; 215 unit high-rise senior community; 30,000 square feet of food and beverage establishments and 7,000 square feet of retail. Public spaces will be added, including an indoor winter garden, 3rd St. public plaza, rooftop terrace park, and boardwalk.

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Project Impact(s): Economic Development, Housing, Recreation & Open Space

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, Project Type, Impacts, Related Projects

Collaborators 

Lead Organization: Bloom Holding

Contact: TBD ; Email: TBD ; Phone: TBD

Known/Likely Collaborators: City of Rochester, MN ; DMC EDA ; Griot Arts MN ; ae7

Potential Collaborators:


Related Projects

Caring Conversations


Impacts 

Major Impact: 

PlanScape Impacts :

Level 1: Economic Development, Housing, Recreation & Open Space

Level 2: Housing: Market Rate, Arts & Culture, Waterfront

DMC Impacts:

Hotel & Hospitality, Arts & Culture, Waterfront

Community Health Impacts:


Type of Project

Building, Special  

 

 

 


Pinned Reports on: Bloom Rochester River Front Project


Bloom Reconsiders Second Phases of Riverfront Project (February 08, 2019)

"Bloom International Realty may be rethinking plans to build the second phase of its $230 million riverfront development in downtown Rochester.

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Bloom Rochester River Front Project Status May 26 Presentation to DMCC board (May 30, 2016)

This is a "home run" kind of project. Some of my friends who have been looking elsewhere to re-locate to a down-town living environment may now have reasons to wait and see how this will turn out. 

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Reports on: Bloom Rochester River Front Project


Bloom Reconsiders Second Phases of Riverfront Project (February 08, 2019)

"Bloom International Realty may be rethinking plans to build the second phase of its $230 million riverfront development in downtown Rochester.

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Riverfront project gets first nod per Post Bulletin Report (August 08, 2018)
"Early plans for a $180 million construction project along the Zumbro River received some enthusiastic support from Rochester's Planning and Zoning Commission Wednesday night." 

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Bloom Rochester River Front Project Status May 26 Presentation to DMCC board (May 30, 2016)

This is a "home run" kind of project. Some of my friends who have been looking elsewhere to re-locate to a down-town living environment may now have reasons to wait and see how this will turn out. 

Read more ...


    


Other Community News and Reports having impacts on:

Economic Development, Housing, Recreation & Open Space
August 16, 2024: Tax Breaks to Landlords

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 07, 2024: Age-Friendly Olmsted County (AFOC) Plan

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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August 02, 2024: Rochester Vision 2050
The visioning effort calls for soliciting broad community input to help propose desired strategic initiatives based on desired outcomes through 2050.

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July 17, 2024: Bryk Apartments Rental Eligibility Amendment

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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July 17, 2024: City Housing Support

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.

 

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July 01, 2024: First Half 2024 Targeted Business Enterprise Utilization Plan Reports

2Q 2024: June 2024May 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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June 15, 2024: Homes for our Neighbors Community Gathering
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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June 09, 2024: ISAIAH Rochester Agenda

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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May 27, 2024: DMC's BioRoch effort to Collaborate with MN MedTech 3.0

DMCC Board Updates:

1. May 2024 Status Memo to DMCC Board  

2. Feb 2024 DMCC Board Meeting: Video Clip of Discussion at Feb 1 2024 DMCC Board - DMC part of MedTech 3.0; Memo to DMCC

3. Nov. 2023 Video Clip of Discussion at DMCC Board Meeting about MN MedTech 3.0 Description and Webinar

References: US DEA Tech Hub Awardees 

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May 24, 2024: 1H 2024 Destination Medical Center
Proceedings

May 2024 DMCC Board Meeting and City, County, DMC Joint Meeting

Feb 2024 DMCC Board Meeting

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May 21, 2024: M.O.V.E: A Collaboration of SHIP, Joint Study, One Olmsted

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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May 17, 2024: Minnesota Housing Profile Housing Statistics and Findings

2023 Olmsted County Housing Profile

State of MN Profile and Findings

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April 27, 2024: 2024 Destination Medical Center (DMC) Updates
DMC Updates April 29 Presentation to City Council Study Session 

Transit Village

Business Development

Historic District

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Last modified by support on 2021/09/05
Created by allnode on 2016/05/26

 

 

 

Site Information
Project Phase Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
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