WHY INVEST IN ROCHESTER?
MAYO CLINIC'S
BOLD.FORWARD.UNBOUND EXPANSION PLAN
• Significant Expansion: The Bold Forward Unbound expansion plan involves substantial investment to enhance Mayo Clinic’s facilities and services in Rochester.
• Job Growth: The expansion is expected to create thousands of new jobs in healthcare, research, and supporting industries.
• Economic Benefit: This plan will
significantly boost Rochester’s economy by attracting more professionals and
increasing the city's overall economic
activity.
MARKET DEMAND
• Affluent Visitors: Mayo Clinic sees over 3,000,000 patients annually from over 40 countries. Many needing extended stay accommodation options.
• In conjunction with Mayo Clinic’s ongoing $5B downtown expansion Rochester is expected to gain approximately 22,000 new full-time residents/8,800 new households by 2030, with a recent housing study by Maxfield Research indicating incremental new demand of rental options.
•GG Management has a 69% Rochester AirBnB occupancy rate vs 55% national average.
INVESTMENT SECURITY
• Stable Economic Environment:
Rochester’s strong economy, bolstered
by the healthcare sector, provides a
stable environment for real estate
investment.
• Long-Term Viability: The ongoing
expansion of the Mayo Clinic ensures
continuous demand for high-quality
housing.
Elizabeth Burch
REAL ESTATE AGENT
507-202-8485
elizabeth@gwaltneygroup.com