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Taylor Arena Replacement

A new multipurpose arena in Rochester to "provide economic benefit and a vibrant downtown —at a cost of $55 million to $75 million".

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Beam Project Type: Building Project Phase: Concept
Detailed Description

Suite level

 

The estimated cost of constructing an arena started at $55 million for the 4,000-seat option and increased to $60 million at 5,000 seats and $65 million for a 6,000 to 6,200-seat arena. The largest arena option included a more variable floor plan and options to facilitate outdoor events in Mayo Memorial Park via a southeast-facing stage.

 

Economic feasibility

The Rochester area presents an attractive market for a new multipurpose arena, said Rob Robinson, of Hammes Co.

"Taylor Arena in its present form is really not configured in a way that it's very good for hockey, certainly, but also for concerts, other family shows and other sorts of touring events that promoters would like to bring to Rochester," Robinson said.

A potential USHL partner would present an anchor tenant for the arena, but would only account for about 32 of an estimated annual 116 events at the arena each year, Robinson said; a larger arena with modern capabilities could attract larger music performances and other family entertainment.

Hammes projected the arena could attract an additional 380,000 visits to the Rochester downtown area.

Timing

A project timeline starting immediately could result in an operations-ready facility by fall 2017, Robinson said.

Impacts

PlanScape: Economic Development

DMC: Retail, Dining & Entertainment, Arts & Culture ; UMR and Recreation

Community Health:

Collaboration

Lead Organization: TBD

Confirmed Collaborators: Mayo Clinic ; Rochester Convention and Visitors Bureau

Potential Collaborators: City of Rochester, MN

Status Reports Related PlanScape Status on: Economic Development

October 09, 2017 TBD: Taylor Arena Replacement

Discussion of a proposed arena project connected to Mayo Civic Center will continue Tuesday.

The Mayo Civic Center Commission will hear a presentation from London-based PricewaterhouseCoopers regarding an analysis of a proposed sport and entertainment arena to replace Taylor Arena.

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November 06, 2017: Groundbreaking Building 1 Discovery Square

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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November 04, 2017: DMCC approves $22M in capitral improvement projects for 2018

While the DMC EDA budget will rise from $3.5 million this year to more than $3.7 million next year, the city will contribute $122,000 less and Mayo Clinic's contribution will increase by $337,000.

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October 11, 2017: What's the vision for Saint Marys Place subdistrict?

PB Reporting: "A Destination Medical Center rendering provides a potential look at the future St. Marys Place. Community input is being sought this week as a final design concept nears."

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October 01, 2017: University of Minnesota, Rochester Master Plan

PB reports "The University of Minnesota Rochester is taking another step toward its future goal of building a 10-acre college campus at the edge of downtown."

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August 03, 2017: Need for workforce development and labor shortage

Members of the House Greater Minnesota Economic & Workforce Development Policy traveled to Rochester on Thursday to learn more about the region's economic challenges. They started the day at the Rochester WorkForce Center at Rochester Community and Technical College

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July 19, 2017: DMC $200M Goal Reached and state money to start flowing

Having reached the local investmen of $200M, the city will receive $2.75 for each $100 spent beyond the $200 million.

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July 06, 2017: Diversity in Business Resource (DIBR Registry)

In June J2G D/I Committee meeting, though Al Lun has built a prototype, decision was made to connect with J2G board for its guidance on the future of this project.

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July 06, 2017: We are More

WAM final exhibit took place in June at Mayo Clinic.

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Last modified by allnode on 2017/09/03
Created by allnode on 2015/10/14

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Beam
  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
  • Our hope is that Cbeam will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, Cbeam's distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevancies with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements.

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. Cbeam could be an interesting first step.

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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