Briefing for Editors and Reporters About Destination Medical Center
WHAT: An opportunity to ask questions about Destination Medical Center, a $5 billion economic development initiative to secure Minnesota's status as a global medical destination center now and in the future. Current projected benefits to Minnesota from Mayo Clinic and related DMC expansion over 20 years include:
Total economic impact to Minnesota exceeding $45 billion, including $30 billion in direct spending.
35,000 to 45,000 new jobs in Minnesota, including 25,000 to 30,000 expansion-related positions in southeast Minnesota.
1,800–2,200 construction jobs per year. Most will be union/trades.
$2.5 billion to $3 billion in additional tax revenue to the state of Minnesota from personal income, sales, other state taxes over the 20-year period; an additional $300 million in new local and other tax revenue.