February 1st, 2013

Mayo vies for public money for Minnesota expansion

By Logan Lafferty

The Mayo Clinic, Minnesota's largest private employer, pressed state lawmakers Wednesday to commit more than $500 million toward an ambitious development project tied to the renowned medical center in Rochester. The proposal outlined by Mayo officials includes projections that the publicly aided expansion will lead to as many as 45,000 new jobs around the state during the next 20 years and leverage more than $5 billion in private investment. They're calling it the Destination Medical Center plan.

Additional Coverage: MPR, Post Bulletin, Palm Beach Post, San Francisco Chronicle,  KAAL, News Tribune (WA), Finance & Commerce, MinnPost, MPR, Becker’s Hospital Review, Sioux Falls Argus Leader, The Advisory Board Company,  KAAL, KAAL, WJXT, KTTC,  

 

Yahoo! News (AP) by Brian Bakst

Tags: destination medical center, development project, Facilities, Finanical, Mayo Clinic Rochester, new jobs, proposal, public aid, Yahoo! News

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