April 24, 2013

Will Rochester pay more for Mayo expansion?

By Logan Lafferty

Minnesota state lawmakers have asked the city of Rochester to more than double its contribution for the Mayo Clinic's proposed expansion project. The city's share would increase to $128 million, and most likely would be raised through new local taxes. But it's unclear how much Rochester residents are willing to pay to help Mayo expand.  Mayo Clinic is proposing a 20-year, $5 billion investment plan to make its flagship campus in Rochester a "Destination Medical Center." The clinic would invest $3.5 billion in capital improvements.

Additional coverage: Crain’s Cleveland Business, Bemidji Pioneer, WCCO, KSTP

 

MPR By Elizabeth Baier

Tags: capital improvements, destination medical center, DMC, Expansion, expansion project, Finanical, Government Relations, investment, investment plan, local taxes, Mayo Clinic Rochester, Minnesota Legislature, MPR

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