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Discovery Square One

The building (Building1@DSQ) aims to serve as a catalyst for Discovery Square, a 16-block area on the south end of downtown that Mayo and local officials want to develop as a life science research campus. Representatives from Mortenson announced today to members of the Destination Medical Center Corporation (DMCC) Board of Directors the specific location where construction will take place on its hallmark Discovery Square project. The planned 60,000+ square foot, state-of-the-art research and development complex, currently being designed by RSP Architects and HOK, will be built at the corner of 4th Street SW and 2nd Avenue SW, according to Mortenson representative Jeremy Jacobs.

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Project Impact(s): Economic Development, STEM

This project is in Available Phase

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Collaborators, Project Type, Impacts, Related Projects

Collaborators 

Lead Organization: Mortenson and Mayo Clinic

Contact: TBD ; Email: TBD ; Phone: TBD

Known/Likely Collaborators: Mayo Business Accelerator ; Mortenson ; Musicant Group ; Royal Philips ; University of Minnesota Rochester

Potential Collaborators:


Related Projects

DMC Discovery Square ; Discovery Square One ; Discovery Walk Co-designing ; Residence at Discovery Square (Third Ave Lofts Residence at Discovery Square)


Impacts 

Major Impact:  Biotec

PlanScape Impacts :

Level 1: Economic Development, STEM

Level 2:

DMC Impacts:

Technology, Discovery Square

Community Health Impacts:


Type of Project

Building  

 

 

Detailed Description


 

 


 

Investments

Private: 35M

DMC: 4.9M

 

Reports on: Discovery Square One


Discovery Square One (June 24, 2019)

Royal Philips, an Amsterdam-based firm that works in a variety of health care markets such as medical devices and services, confirmed today that it plans to open a Med City office in the recently opened 89,000-square-foot One Discovery Square complex, on the corner of Fourth Street and Second Avenue Southwest.

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Groundbreaking Building 1 Discovery Square (November 06, 2017)
The building will be the first of several science and research complexes that could total up to 2 million square feet in the 16-block Discovery Square area.

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Building1@DSQ (Building 1 at Discover Square) (July 29, 2017)
The DMC Corp. board approved the project Thursday, agreeing to $4.9 million in related tax-increment financing for the developer, Minneapolis-based Mortenson Co.

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M. A. Mortenson Co. to lead DMC Discovery Square development (March 27, 2017)

M. A. Mortenson Co. will lead Mayo Clinic's development of up to 2 million square feet of research and education space in the Destination Medical Center Discovery Square district, the clinic announced today.

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Discovery Square Biolab (Mortenson) Status Updates to DMCC (February 13, 2017)
Discovery Square Updates from Mortenson: (1) Project Update (2) Phase 1 Project Team (3) Connection with DMC Development Plan (4) Schedule/Next Steps

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Last modified by support on 2021/09/05
Created by allnode on 2017/04/29

 

 

 

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