An announcement may come this week about a new presence in downtown Minneapolis for the Rochester-based Mayo Clinic.
The Pioneer Press reports that a deal is in the works to put a Mayo Clinic sports medicine clinic in the redesigned and renovated Target Center. The report said that the presence of the clinic is included as part of a comprehensive Timberwolves practice facility.
In November, the details of the $97 million Target Center project was approved, but it's still not certain when the renovation project will begin or end. The Pioneer Press report said that redesign meetings are going on; part of the planning involves adding a skyway to the east side of the arena to allow better traffic circulation for spectators.
After the physical renovation, another $50 million will be spent on additional improvements. The project will be financed by the Timberwolves, the city of Minneapolis and AEG, which manages Target Center. Another plan involving the redevelopment of Block E downtown would turn part of the structure into a training facility for the Timberwolves and Lynx. In November, it was reported that the teams had signed a letter of intent for the property in the 600 block of Hennepin Avenue.
The Business Journal notes that few details on the plan have been provided by Mayo; the story notes that the clinic "has kept its cards pretty close to the vest" as details of the deal have emerged.
In December, the Mayo Clinic announced the $72 million expansion its flagship hospital in Rochester. The plan announced includes the addition of five floors to St. Marys Hospital. It is one of the first projects in Mayo’s 20-year Destination Medical Center plan. The state has agreed to fund millions of dollars in infrastructure improvements in Rochester.