Project Impact(s):
Economic Development, Housing, Recreation & Open Space
This project is in Archive Phase
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Pinned Reports on: Bloom Rochester River Front Project
" 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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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 International Realty may be rethinking plans to build the second phase of its $230 million riverfront development in downtown Rochester."
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"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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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
Proceedings
September 2024 DMCC Board Meeting with 2025 Workplan Breakout
May 2024 DMCC Board Meeting and City, County, DMC Joint Meeting
Feb 2024 DMCC Board Meeting
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Call for inputs: Mayor Norton YouTube Messages
Vision 2050 AI-Powered Interactive Survey LINK
Mayor Norton Memo to the Public
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September 2024 DMCC Board Update
September 2022 DMCC Board Status: NTH to run a developer selection process with Mayo
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City teammates providing an update on this work, specifically regarding legacy public infrastructure projects, Unbound, infrastructure investments and regulatory milestones.
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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 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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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 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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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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2Q 2024: June 2024; May 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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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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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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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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