The renovated Conley-Maass building reopened in downtown Rochester last week with a restaurant, offices for two local companies and a shared office space for start-ups. The $2.2 million renovation has been considered one of the first examples of the changes underway in Rochester as the Mayo Clinic expands in a massive push known as Destination Medical Center.
The Mayo expansion, along with private and public projects, have been in various stages of planning since the DMC launched in 2013.
The privately funded Conley-Maass project is the brainchild of entrepreneurs Traci and Hunter Downs, two scientists who were drawn to the area when Traci sought treatment from Mayo doctors. Its tenants include Area 10 Labs, Brandhoot, Collider Core and Bleu Duck Kitchen.
Matt McKinney
Duluth
Loans available to help fix commercial buildings
As part of its quest to revitalize neighborhoods, the city of Duluth announced a new financing program for potential business owners in certain areas of the city.
Loans of up to $50,000 from the Duluth 1200 Fund will be available to help spur new life in older stock commercial buildings and create jobs in Lincoln Park, West Duluth and Spirit Valley. Half the loan balance may be forgiven if certain requirements are met.
The commercial buildings must be owner occupied and businesses must be committed to creating at least two or more full-time jobs within two years, among other requirements. The loans are intended to provide "gap financing" with other lenders, according to a city statement.
A program brochure is available at duluthmn.gov/business-development.
Pam Louwagie