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Mayo Invests In Florida DMC Project

The new, $100 million building will host several specialty functions and help make Mayo a stronger health care player in the Southeastern U.S.

Mayo Clinic is investing $100 million in what it’s calling a "Destination Medical Center" to jumpstart major construction projects.
 
But this DMC project isn’t the one in Rochester. It’s Mayo’s Jacksonville, Florida campus that’s getting the cash.
 
Construction of a four-story, 150,000-square-foot building kicks off this summer. It’ll host clinical services including hematology, oncology, chemotherapy, neurology, neurosurgery, education functions and outdoor/indoor “patient care enhancement” spaces. It’s expected to serve 126,000 patients during the first year it’s open.
 
“With our vision to be the destination medical center of the Southeast, we are making significant investments in people, facilities and technology to meet the needs of all of our patients, especially those who come to use for help with complex medical problems,” Mayo Clinic of Florida CEO Gianrico Farrugia said in a statement.
 
While Jacksonville’s projects are shovel-ready, Mayo’s DMC project in Rochester appears sluggish to show progress. Much of the project is still in the planning stages.
 
The Rochester DMC is billed as one of the largest economic development initiatives in the United States. The $5.6 billion plan involves $585 million of state money to upgrade infrastructure throughout the city with Mayo chipping in $3.5 billion over the next two decades to create a more vibrant, livable city that would be the “world’s premier destination for health and wellness.” The plan hopes to lure another $2.1 billion in private investment to the area.
 
If all goes as planned, the DMC is expected to add about 40,000 jobs to the state and $2 billion of tax revenue over two decades.
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